Which transportation network design option establishes an extra layer between suppliers and retailers to store inventory and to serve as a transfer location?
A) Direct shipping network
B) Direct shipping with milk runs
C) All shipments via central DC
D) Shipping via DC using milk runs
Answer: C
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Exhibit 13-1 On January 1, 2017, Oak Corporation paid $900,000 for 87,500 shares of Beech Company's common stock, which represents 35% of Beech's outstanding common stock. Beech reported income of $300,000 and paid a cash dividend of $100,000 during 2017. ? Refer to Exhibit 13-1. Oak should report income from the investment in Beech Company for 2017 of
A) $70,000. B) $140,000. C) $105,000. D) $300,000.
Marketing managers can fully control their brands
Indicate whether the statement is true or false
Of a company's employees, 50 percent typically qualify to receive two weeks' paid vacation a year (50 weeks). The entry to record the estimated liability for vacation pay for a week in which the total payroll is $8,800 would be
A) Estimated Liability for Vacation Pay 352Cash 352 B) Vacation Pay Expense 704 Cash 704 C) Vacation Pay Expense 176 Estimated Liability for Vacation Pay 176 D) Cash 88 Estimated Liability for Vacation Pay 88
On June 1, Edward visited a bicycle sales and service center. Edward spotted a used bike he liked and was told by the dealer that he could have the bike for $100 cash. Since Edward needed a few days to get the money, Edward got a signed, written
statement by the dealer that Edward could buy the bike for $100 at anytime on or before June 15. On June 10 Edward came to the dealer with the money, but the bike had been sold to another customer. Was the dealer under any obligation to Edward to keep this offer open until June 15? Give legal reasoning for your answer.