The acts of receiving shipments, breaking down shipments, repackaging shipments, and distributing components to a manufacturing location or finished products to customers by a distribution center is referred to as:

A. Piggy backing
B. Risk pooling
C. Crossdocking
D. Customs Brokering


Answer: C

Business

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This question contains two parts; be sure to answer both. First, explain the five stages of group development. Second, imagine you are assembling a work group whose goal is to create a business model for a transportation service that will compete with taxis, limousines, Uber, and Lyft. Dicuss what you would do to facilitate group development at each stage.

What will be an ideal response?

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Which of the following is a form of co-ownership that disallows the right of survivorship and allows unilateral transfer of interest?

A) tenancy in common B) joint tenancy C) cooperatives D) tenancy by the entirety

Business

The t distribution should be used whenever the

A. sample size is less than 30. B. sample standard deviation is used to estimate the population standard deviation. C. population is not normally distributed. D. population standard deviation is known.

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Which of the following statements regarding the reorder point is TRUE?

A) The reorder point is that quantity that triggers an action to restock an item. B) There is a reorder point even if lead time and demand during lead time are constant. C) The reorder point is larger than d × L if safety stock is present. D) A shorter lead time implies a smaller reorder point. E) All of the above are true.

Business