Which of the Following Is Most Efficient for Short Hauls

question 15

Multiple Choice

Which of the following is most efficient for short hauls of high-value merchandise and is highly flexible in its routing and time schedules?

• A) water carriers
• B) pipeline
• C) trucks
• D) air carriers
• E) railroads

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Definitions:

Formulation

The process of devising or planning a strategy, policy, or system often based on specified principles or procedures.

Coefficient of Variation

A measure of relative variability that indicates the ratio of the standard deviation to the mean, commonly used to assess the risk per unit of return.

Expected Return

The weighted average of all possible returns from an investment, factoring in the probabilities of each outcome.

Variance

A measure of the dispersion or spread between numbers in a data set, indicating how much the numbers differ from the mean.