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:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Reliability

Refers to the consistency and stability of a measure or test over time.

Validity

The extent to which a test, scale, or measuring instrument accurately measures what it is intended to measure.

Predictive Validity

The extent to which a score on a scale or test predicts future performance on a related measure.