_____ describes the process of strategically managing the efficient flow and storage of raw materials, in-process inventory, and finished goods from point of origin to point of consumption.

A. Contract logistics
B. Logistics
C. Cross-docking
D. Disintermediation
E. Channel facilitation


Answer: B

Business

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Flexible manufacturing systems are

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A product is introduced into a market, gains the acceptance of a fickle public, and finally is supplanted by a new and improved offering. This phenomenon is known as the:

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Meals on Wings Inc, which supplies prepared meals for corporate aircraft, needs to purchase new broilers

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Business