True or False Computer statistical packages, such as Excel and Minitab, can determine the exact area beneath a specified portion of the continuous distribution curve, or probability density function, and eliminate the need for calculations or table references
Indicate whether the statement is true or false
T
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Many organizations are too small to have the resources for a national sales force to help discover new-product ideas. As a consequence, they often use ________ as a link between the customer and company.
A. suppliers B. server farms C. logistics companies D. distributors E. parts manufacturers
The process of learning how companies rely on a network of suppliers to add value to their offerings, integrate purchasing activities with those functional areas and outside firms, and make purchase decisions is _______
a. understanding firms as customers b. supply chain development c. customer relationship management d. market sensing
Retail order getters are usually needed for unsought consumer products and are desirable for heterogeneous shopping products as well.
Answer the following statement true (T) or false (F)
Because manufacturers with JIT systems produce merchandise closer to the time of sale, they can
A. replace independent supply chains with corporate supply chains. B. reduce inventories needed to satisfy retailers' demand. C. effectively eliminate the need for a dispatcher. D. organize cooperative agreements among competing manufacturers to reduce oversupply. E. use exclusive geographic territories to centralize production.