The Places in the Supply Chain Network Where Product Is

question 46

Multiple Choice

The places in the supply chain network where product is stored,assembled,or fabricated are known as

• A) facilities.
• B) inventory.
• C) transportation.
• D) information.
• E) customers.

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Definitions:

Proportion

A part, share, or number considered in comparative relation to a whole.

Independent

Not influenced or controlled by others; acting freely.

P(A|B)

The likelihood of event A happening provided that event B has taken place.

P(B|A)

The probability of event B occurring given that event A has already occurred.