As the Number of Facilities in a Supply Chain Network

question 63

Multiple Choice

As the number of facilities in a supply chain network increases,total logistics costs will

• A) decrease.
• B) decrease at first and then increase.
• C) increase.
• D) increase at first and then decrease.
• E) neither increase or decrease.

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Definitions:

Transfer of Ownership

The process by which the rights of property or title are moved from one party to another.

Void

A term applied to a contract that is not valid because its object is illegal or it has a defect that is so serious that it is not a contract.

Lease

(1) A transfer of the right to possess and use goods for a period of time in return for consideration. (2) The agreement between a landlord and a tenant that specifies the terms of a property rental.

Surrendering Property

The act of voluntarily giving up rights to property, often in a legal or financial context, such as in bankruptcy.