The LTL costs a product moving through a supply chain are $1 per mile and there is a warehouse
200 miles from central supply. Truckload costs to the warehouse are $50 and the warehouse
handling and storage costs are $10.
The cost to ship the product to the warehouse is $50. The
market boundary for this supply chain is:
A) 260 miles. B) 130 miles. C) 100 miles. D) 50 miles. E) 125 miles
B
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Compare and contrast traditional approaches to project management and agile approaches to project management.
Fill in the blank(s) with the appropriate word(s).
An indirect channel is probably a better choice than a direct channel if a producer wants to
A. make it easier to do marketing research. B. be more sensitive to coming changes in customer needs and attitudes. C. adjust large discrepancies of quantity and assortment. D. provide special technical service. E. obtain a very aggressive selling effort.
The number of customers who enter a bank is thought to be Poisson distributed with a mean equal to 10 per hour. What are the chances that no customers will arrive in a 15-minute period?
A) Approximately zero B) 0.0067 C) 0.0821 D) 0.0250
Marshall Corporation incurred costs for materials and labor needed to manufacture its products. These costs are an example of:
A) Period costs. B) Product costs. C) General costs. D) Balance sheet costs. E) Capitalized costs.