Florida Company (FC)and Minnesota Company (MC)are Both Service Companies

question 72

Multiple Choice

Florida Company (FC) and Minnesota Company (MC) are both service companies. Their stock returns for the past three years were as follows: FC: −5 percent, 15 percent, 20 percent; MC: 8 percent, 8 percent, 20 percent.
Calculate the mean return for each company.

• A)FC: 12 percent; MC: 6 percent
• B)FC: 10 percent; MC: 12 percent
• C)FC: 20 percent; MC: 32 percent
• D)None of the options are correct.

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Definitions:

Cross-Docking

A logistics procedure where products received at a warehouse are directly transferred from incoming to outgoing shipping with minimal or no storage time.

Documentation

The process or practice of recording information to detail activities, procedures, or conditions.

Order Replenishment Systems

Automated processes or systems used to manage inventory levels and reorder products or materials as needed.

Inventory Management Systems

Technologies and strategies used to monitor and manage the stock of goods in a business to optimize inventory levels and reduce costs.