The best way to reduce overall distribution costs is to
A. use a total-cost approach to analyze and evaluate the entire system.
B. minimize the costs associated with materials handling and transportation.
C. reduce the number of distribution functions that are necessary.
D. find the cheapest price for each function and use them to create the system.
E. lower the service standards that the company has.
Answer: A
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Revia and Bramin are European nations that signed a trade agreement with each other. The agreement stated that Revia would supply sugarcane to Bramin and Bramin would supply cloves to Revia. The agreement would benefit both nations and would even out some of the resource imbalances in the two nations. In this scenario, which of the following is most likely to have influenced the trade agreement between Revia and Bramin?
A. Reduced risk B. Ease of storage of goods C. Access to factors of production D. Inflow of innovation
A(n) ________ is a communication artifact, concerning business matters, prepared with the specific intention of relaying information in a presentable form
Fill in the blanks with correct word
What type of columns does a dimension table contain?
What will be an ideal response?
Answer the following statements true (T) or false (F)
1) Variation that centers on a mean and occurs with a somewhat consistent amount of dispersion is known as random variation. 2) The width of a distribution is called the mean. 3) Samples gathered in such a way that every piece of product has an equal chance of being selected for inspection are called systematic samples. 4) Samples which are ordered by time or sequence are called systematic samples. 5) For process control charts, using control limits corresponding to z = 3 standard deviations from the mean will capture exactly 95% of random variation.