In the Context of Supply Chain, Which of the Following

question 13

Multiple Choice

In the context of supply chain, which of the following statements is true of modes of transportation?

• A) Transportation by planes is the fastest mode but has low flexibility in handling.
• B) Pipelines offer the lowest on-time dependability and the lowest frequency of shipments.
• C) Marketers usually rely on a single mode of transportation.
• D) Ships offer the least flexibility in handling but the highest on-time dependability.

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Definitions:

Avoided

In legal or contractual contexts, refers to actions or circumstances that render an agreement invalid or not enforceable.

Resold

The act of selling an item that has previously been sold, often referring to goods bought for the purpose of resale.

Resale Price

The resale price is the amount for which goods or services are sold again to consumers or businesses after being bought from the original seller or producer.

Incidental Damages

Incidental damages refer to secondary or peripheral expenses that result from a breach of contract, such as the costs incurred to mitigate losses or to cover additional operational expenses.