Concerning Speed of Service in the Logistical System,which of the Following

question 67

Multiple Choice

Concerning speed of service in the logistical system,which of the following is(are) accurate?

• A)The longer the delivery time,the more inventory customers must maintain to service their needs while the shipment is in transit.
• B)The slower modes of transportation involve higher variable costs for product movement.
• C)The faster modes of transportation result in the need for higher investments in inventory by customers.
• D)all of the above
• E)both (b)and (c)

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Definitions:

Bonds

Debt instruments signifying an investment made by an investor in the form of a loan to either a corporation or a government entity.

Journal Entries

Records of financial transactions in the books of accounts, acting as the primary source for all accounting processes.

Available-for-Sale Securities

Financial assets that are not classified as held-to-maturity or trading securities, and can be sold in the short-term.

Market Adjustment

Market adjustment is the process of modifying the value of an asset or inventory to reflect its current market value rather than its book value, often due to changes in demand, supply, or economic conditions.