The Following Table Shows Total Assets ($ Billion) for a Small

question 10

Multiple Choice

The following table shows total assets ($ billion) for a small sample of U.S.banks. $$\begin{array} { | l | l | } \hline { \text { BANK } } & \text { ASSETS (\$ billion) } \\\hline \text { Bank of New York } & 88 \\\hline \text { Regions Financial } & 80 \\\hline \text { Fifth Third Bank } & 58 \\\hline \text { State Street Bank and Trust } & 92 \\\hline \text { Branch Banking and Trust Company } & 81 \\\hline \text { Chase Bank } & 70 \\\hline \text { Key Bank } & 89 \\\hline \text { PNC Bank } & 84 \\\hline\end{array}$$ The mean for these data is

• A)$ 80.25 billion.
• B)$ 100.35 billion.
• C)$ 75.68 billion.
• D)$ 84 billion.
• E)$ 89 billion.

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Definitions:

Efficient Supply Chains

Supply chain systems designed to minimize cost, waste, and time in the production and distribution process, enhancing overall efficiency.

Cross-Docking

A logistics practice where incoming shipments are directly transferred from inbound to outbound transportation vehicles with minimal or no storage.

Geographically Dispersed

Describes a distribution or organization of individuals, assets, or units spread across a wide geographical area.

Customer Service

The support and assistance provided by a company to those who buy or use its products or services.