Write the Word or Phrase That Best Completes Each Statement

question 154

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
Provide the missing information.
-Ramon wants to fence in a rectangular portion of his back yard against the back of his garage for a vegetable garden. He plans to use 40 feet of fence, and needs fence on only three sides. Find the
Maximum area he can enclose. (Hint: The lengths of the 3 fenced sides of the rectangle must add
Up to 40.)

• A) 200 sq. ft.
• B) 400 sq. ft.
• C) 100 sq. ft.
• D) 225 sq. ft.

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Definitions:

Walmart And P&G

Two major corporations, Walmart, a retail giant, and Procter & Gamble (P&G), a multinational consumer goods company, known for their strategic partnerships and business relations.

JIT

Just-In-Time, a manufacturing methodology aimed at reducing flow times within production as well as response times from suppliers and to customers.

Vertical Integration

A strategy where a company expands its business operations into different steps on the same production path, such as a manufacturer owning its supplier and/or distributor.

Upstream Suppliers

Companies or entities that provide raw materials, components, or services to another company for the production of goods.