In GIS, a "Stop" Refers To

question 14

Multiple Choice

In GIS, a "stop" refers to:

• A) A location used in network analysis
• B) An intersection of two lines
• C) A network edge
• D) A network junction

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Definitions:

Carrying Cost

The total cost of holding inventory, including storage, handling, insurance, and opportunity costs, among others.

EOQ

The calculation used by businesses to find the ideal number of units to order that minimizes the overall costs related to inventory, including storage and ordering costs.

Quantity Discounts

Price reductions offered to buyers who purchase in bulk or exceed specified quantities, incentivizing larger orders.

Cycle Counting

An inventory auditing procedure where a small subset of inventory, in a specific location, is counted on a specified day.