For the Same Safety Inventory,an Increase in Lot Size

question 2

Multiple Choice

For the same safety inventory,an increase in lot size

• A)decreases the fill rate but not the cycle service level.
• B)increases the fill rate but not the cycle service level.
• C)decreases both the fill rate and the cycle service level.
• D)increases both the fill rate and the cycle service level.

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Definitions:

Paralegal

A person trained in subsidiary legal matters but not fully qualified as a lawyer, who assists lawyers in their legal work.

Mortgage Note

A legal document that evidences a borrower's debt to the lender, secured by a mortgage.

Real Estate Closing

The final step in executing a real estate transaction where the title of the property is transferred to the buyer, and all related costs are settled.

Deed

A deed is a legal document that represents the ownership and transfers the title of property from one party to another.