Answer the following statements true (T) or false (F)
1. The cost of raw materials procured by the company is likely to be a factor in determining logistics costs.
2. Order fulfillment is heavily regulated by the government.
3. Transportation costs are a significant portion of a firm’s total supply chain expenses.
4. Electronic circuitry is considered to be part of a transportation network.
1. False
2. True
3. False
4. False
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When the Federal Reserve makes a loan to a bank at the discount window,
A. the Fed requires that the loan be repaid the next day. B. the interest rate charged by the Fed is equal to the federal funds rate. C. the loan is backed by collateral. D. the Fed requires the bank to buy additional deposit insurance.
Freight distribution is also known as intermodal distribution
Indicate whether the statement is true or false
___________ institutions operate through laws and regulations to influence behavior.
Fill in the blank(s) with the appropriate word(s).
It is more expensive to produce large quantities of one size, and store the unsold quantity, than to have shorter production runs.
Answer the following statement true (T) or false (F)