If Resources Are to Be Considered in Planning, It Is

question 17

Multiple Choice

If resources are to be considered in planning, it is necessary to

• A)know when each is taking vacation time or time off.
• B)know the name of each resource on the project.
• C)list all the projects to which the resources have been assigned.
• D)indicate the amounts and types of resources needed to perform each activity.

Examine the trade-offs involved in transportation and inventory decisions.

Evaluate the performance of different transportation modes under various customer density and distance scenarios.

Understand how transportation cost, in-transit inventory cost, and processing costs affect the total cost of transportation.

Identify strategies for designing flexibility into the transportation network.

---

Definitions:

Null Hypothesis

Refers to a statement or assumption that there is no difference or effect, used as a starting point for statistical testing to be challenged by the alternative hypothesis.

Level Of Significance

The threshold used in statistical tests to decide whether an observed effect is considered statistically significant.

P-Value

A statistical metric that helps you determine the significance of your research results, essentially telling you how likely your data would have occurred by random chance.

One-Tail Test

A statistical test where the region of rejection is on only one side of the sampling distribution, used when the research hypothesis predicts a direction of the effect.