Which of the Following Is Correct

question 156

Multiple Choice

Which of the following is correct?

• A)The Federal Reserve has 14 regional banks.The Board of Governors has up to 12 members who serve 7-year terms.
• B)The Federal Reserve has 14 regional banks.The Board of Governors has up to 7 members who serve 14-year terms.
• C)The Federal Reserve has 12 regional banks.The Board of Governors has up to 12 members who serve 7-year terms.
• D)The Federal Reserve has 12 regional banks.The Board of Governors has up to 7 members who serve 14-year terms.

---

Definitions:

Standard Deviation

A statistic that measures the dispersion or spread of a set of data points relative to its mean, indicating how much variation exists from the average.

Demand Aggregation

Combining demand from different sources to gain efficiencies in supply chain management, such as bulk purchasing or centralized distribution.

Regions

Geographically defined areas characterized by certain distinguishing features, which can be natural, social, economic, or political.

Continuous Review Policies

Inventory management policies that involve the continuous monitoring of inventory levels and replenishing stock whenever it dips below a predetermined point.