Which of the following statements about inventory and storage is true?
A. Minimizing storage costs will lead to lower total distribution costs.
B. Decisions about inventory levels are usually not of concern to marketing managers, since inventory levels are best determined based on the amount of the product produced.
C. Achieving customer service goals makes a large inventory almost inevitable.
D. Only government agencies can store products in public warehouses.
E. A distribution center is used to avoid unnecessary storing costs.
Answer: E
You might also like to view...
What is the last stage in the current (default) model that most organizations typically use for dealing with fraud?
a. Fraud incident b. Resolution c. Investigation d. Action
As a company accounts payable manager, which of the following credit terms are most likely to
entice you to take the cash discount? A) 2/10 net 60 B) 1/10 net 30 C) 1/10 net 45 D) 2/10 net 90
Group ________ is the degree to which the members of a group are attracted to belonging in the group.
A. interdependence B. role making C. conformity D. cohesiveness E. deviance
In performing chi-square contingency analysis, to overcome a small expected cell frequency problem, we:
A) combine the categories of the row and/or column variables. B) increase the sample size. C) Both A and B D) None of the above