With the Growth of JIT, Which of the Following Distribution

question 37

Multiple Choice

With the growth of JIT, which of the following distribution systems has been the biggest loser?

• A) trucking
• B) railroads
• C) airfreight
• D) waterways
• E) pipelines

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Definitions:

Probability

An assessment of the probability that a specific event will take place, usually represented by a value ranging from 0 to 1.

Tornado Chart

A tornado chart is a graphical method used to display the sensitivity of a system's outcome to changes in its input variables, resembling a tornado's shape when variables are displayed in descending order.

Sensitivity Chart

A sensitivity chart is a graphical representation used in decision making to show how different values of an independent variable affect a particular dependent variable.

Sample Statistics

Values calculated from a sample and used to estimate population parameters.