The decision to have a third party perform a supply chain function is called

A) insourcing.
B) outsourcing.
C) offshoring.
D) onshoring.


Answer: B) outsourcing.

Business

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Which of the following is an external source for ideas?

A) project managers B) engineers C) salespeople D) manufacturing staff E) suppliers

Business

An insurance firm agrees to pay you $3,310 at the end of 20 years if you pay a premium of $100 per year at the end of each of the 20 years. Find the internal rate of return to the nearest whole percentage point.?

A. ?9% B. ?7% C. ?5% D. ?3% E. ?11%

Business

Comparison of the degree of operating leverage of two firms is valid only when the base level of sales used for each firm is the same

Indicate whether the statement is true or false

Business

Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints--except the nonnegativity constraints of the decision variables--should be set as an equal to (=) sign in the Excel Solver dialogue.) At the optimum solution, the total cost of shipping from all plants to Saginaw is ______.



A. $893
B. $496
C. $672
D. $576

Business