Local Presence Is Considered an Obsolete Paradigm Because

question 21

Multiple Choice

Local Presence is considered an obsolete paradigm because:

• A)Local presence was replaced by regional warehousing
• B)Having inventory immediately available is no longer required
• C)Customers are willing to wait for delivery
• D)The advent of timely and consistent transportation

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Definitions:

Pearson Correlation

A measure of the linear correlation between two variables, giving a value between -1 and 1.

Linearity

The attribute of a relationship between two variables where the change in the outcome is directly proportional to the change in the predictor.

Predictability

The extent to which future states or conditions of a system can be forecasted based on existing data or patterns.

Level Of Significance

The predetermined threshold of probability at which a statistical result is considered significant.