Scenario 12.1 Use the Following to Answer the Questions

question 125

Multiple Choice

Scenario 12.1
Use the following to answer the questions.
Concession Supply sells hotdogs, buns, and nacho ingredients to several major league ballparks across the country. Currently, Concession Supply has the following pricing information for one case of hotdogs sold at Wrigley Field: Total fixed costs = $1,200, Selling price = $16, and Variable costs = $6.
-Refer to Scenario 12.1. If Concession Supply wanted to make a profit of $800 on each case, it would need to sell ____ cases.

• A)150
• B)300
• C)100
• D)75
• E)200

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Definitions:

Carrier Selection

The process of choosing a logistics service provider or carrier to transport goods, considering factors like cost, reliability, and speed.

Mode Selection

The process of choosing the most appropriate method of transportation for goods based on factors like cost, time, and product characteristics.

Transportation Responsibility

The duty concerning the movement of goods including planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information.

Routing Guide

A set of instructions and rules provided by shippers to carriers and logistics providers detailing specifications and requirements for transporting goods, ensuring efficiency and compliance.