Which of the Following Is Not an Example of Warehouse

question 2

Multiple Choice

Which of the following is not an example of warehouse automation?

• A) radio frequency identification
• B) narrow aisle forklifts
• C) automated guided vehicles
• D) automated storage and retrieval systems
• E) all of the above are examples of warehouse automation

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Definitions:

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, providing a measure of performance beyond accounting profit.

Accounting Profits

The net income for a company calculated by subtracting total expenses from total revenues, according to standard accounting practices.

Explicit Costs

Direct, out-of-pocket payments for inputs or resources used in the production of goods or services.

Uninsurable Risk

An eventuality for which the frequency or magnitude of potential losses is unpredictable or unknowable. Insurance companies are not willing to sell insurance against such risks.