Cross-Docking Is Most Closely Related To

question 139

Multiple Choice

Cross-docking is most closely related to:

• A)increasing lead time.
• B)reverse logistics.
• C)intermodal transportation.
• D)efficient supply chain activities.

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Definitions:

Substitutes

Goods that can serve as replacements for one another; when the price of one increases, demand for the other increases.

Elastic Demand

A situation in which the demand for a good or service is sensitive to price changes, meaning a small change in price leads to a significant change in the quantity demanded.

Total Revenue

The total amount of money a company receives from sales of its products or services, calculated by multiplying the price per unit by the number of units sold.

Delicatessen

A retail establishment that sells a selection of fine, unusual, or foreign prepared foods.