FedEx Entered into an Alliance with Chronopost Internationale, a Subsidiary

question 130

Multiple Choice

FedEx entered into an alliance with Chronopost Internationale, a subsidiary of the French post office. Under this alliance, FedEx will transport French international shipments in its aircraft, and the French postal service will deliver FedEx packages across Europe. What is this an example of?

• A)contract manufacturing
• B)a trade bypass
• C)licensing
• D)a joint venture

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Definitions:

Task Times

The duration required to complete specific tasks or activities in a process.

Output Rate

The quantity of goods or services produced in a given time period, often used as a measure of productivity or efficiency.

Stations Needed

The number of locations or workstations required to complete a process or service, often determined by layout planning to optimize efficiency.

Takt Time

The rate at which a product must be completed in order to meet customer demand, calculated as the available production time divided by the customer's demand rate.