What Has Emerged as the Most Popular Application of On-Demand

question 72

Multiple Choice

What has emerged as the most popular application of on-demand logistics software (cloud computing) ?

• A) warehouse management systems
• B) transportation management systems
• C) inventory optimization
• D) collaborative forecasting

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Definitions:

Demand Curve

A graph representing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.

Supply Curve

A graph that shows the relationship between the price of a good and the quantity of that good that producers are willing to supply.

Y Axis

The vertical line on a graph or chart, which typically represents the range of values for a variable being measured.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing and able to sell, typically sloping upward.