Which of the Following Is FALSE

question 39

Multiple Choice

Which of the following is FALSE?

• A) The use of 3PL's has been increasing as companies seek more effective supply chain strategies.
• B) VMI provides retail facilities the opportunity to communicate to manufacturers that the customers are requesting customized items
• C) The use of 3PL providers allows companies to gain competitive advantages without having to gain the required knowledge through firsthand experience.
• D) VMI allows suppliers to manage their customers' inventory provided they have the capability to see inventory levels in real time

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Definitions:

Class

In programming, a blueprint for creating objects that contains specific attributes and methods.

Relative Frequency

The proportion between how often a specific value appears and the overall count of data points observed.

Midpoint

The middle point of a line segment, exactly equidistant from both ends.

Cumulative Percent Frequency

A measure used in statistics to describe the percentage of data points that fall within a certain category or below a specified value, accumulating from the start of the data set.