The Optimising Decision- Maker Is

question 102

Multiple Choice

The optimising decision- maker is:

• A)creative.
• B)innovative.
• C)satisfying.
• D)rational.

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Definitions:

FOB Point

A shipping term indicating the point at which the ownership and risk related to goods are transferred from seller to buyer, defined in terms of location.

Legal Title

A formal recognition of ownership of property or assets which includes the rights to use, sell, or control the said property or assets.

Containers On Flatcars (COFC)

A type of intermodal freight transport where shipping containers are carried on railroad flatcars for part of their journey.

Trailers On Flatcars (TOFC)

A freight system where trailers are transported on railway flatcars, combining road and rail transportation.