Which of the Following Statements Concerning Logistics Networks Is NOT

question 23

Multiple Choice

Which of the following statements concerning logistics networks is NOT correct?

• A) Network design decisions are strategic because they can impact the competitive ability of the firm.
• B) Typically logistics networks start with the warehouses, then show shipping to distribution centers, which in turn ship to customers.
• C) The two primary logistics network decisions are the number of warehouses needed and where they should be located.
• D) Network design decisions affect both logistics cost and delivery time to customers.

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Definitions:

Confidence Interval

A range of values estimated from a sample, within which a value for a population is estimated to fall.

Negative Skew

A distribution where the tail on the left side of the probability density function is longer or fatter than the right side, indicating that the bulk of the values lie to the right of the mean.

Tri-modal Profile

A statistical distribution in which three modes or peaks are present, indicating three dominant values or traits in the data set.

Z Distribution

A normalization of the standard normal distribution, which is symmetric about the mean, showing the relationship between data points and their standard deviations.