Policy makers’ interest in logistics sustainability is generally

a. Increasing
b. Decreasing
c. Neither increasing nor decreasing
d. Policy makers have no interest in logistics sustainability.


a. Increasing

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Effective strategic management involves   

A. only top management. B. only top and middle management. C. only middle and lower management levels. D. only lower management level. E. managers from all parts of the organization.

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The right- and left-hand charts are used to identify hand movements in a particular work process

Indicate whether the statement is true or false.

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Which of the following is a drawback of using profit sharing?

A. It increases the probability of individual competition. B. It runs the risk of contributing to employee dissatisfaction. C. It fails to make labor costs more variable. D. It promotes competition between work groups. E. It promotes individual goals rather than organizational goals.

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What is the IRR of the F-22 Raptor project? The Lockheed Martin/Boeing F-22 Raptor is a stealth fighter aircraft. It was designed primarily as an air superiority fighter, but it is also capable of ground attack and other roles

Lockheed Martin Aeronautics is the prime contractor and is responsible for the majority of the airframe, weapon systems and final assembly. Lockheed Martin invested over $10B on design and manufacturing for the aircraft. Assume that those investments were paid for on Jan 1, 2003. Each aircraft will be sold for $350M and the variable cost of building each airplane is $300M. Assume that 70 aircraft will be sold each year for 5 years. Thus annual revenues are $24.5B and annual costs are $21B. Assume that revenues and costs occur at year-end with the first year of operating cash flows occurring on Dec 31, 2003. Lockheed-Martin's cost of capital is 10% and the NPV of the project is $3.268B. What is the IRR of the project?(Assume that there are no taxes.) Date Investments Revenues Costs Jan. 1, 2003 -$10B Dec. 31, 2003 $24.5B $21B Dec. 31, 2004 $24.5B $21B Dec. 31, 2005 $24.5B $21B Dec. 31, 2006 $24.5B $21B Dec. 31, 2007 $24.5B $21B A) 7.24% B) 8.50% C) 9.76% D) 10.50% E) 22.11%

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