In Your Text,the System That Efficiently and Effectively Makes and Moves

question 90

Multiple Choice

In your text,the system that efficiently and effectively makes and moves products to end users is termed ________.

• A)physical distribution
• B)logistics network management
• C)a goods and services transportation network
• D)cross docking
• E)a supply chain

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Definitions:

Shadow Price

The monetary value assigned to currently unlriced goods or services, reflecting the cost of foregoing their benefits.

Linear Optimization

A mathematical method that finds the best outcome, such as maximum profit or lowest cost, within a defined set of constraints.

Equals Relationship

A mathematical or logical expression indicating that two quantities or expressions are the same in value or identity.

Inequality

A term that refers to the unequal distribution of resources, wealth, opportunities, and rights among members of a society or between societies.