Rick Is Adapting the New Routing Software His Company Bought

question 28

Multiple Choice

Rick is adapting the new routing software his company bought for its distribution center.He will likely include information about __________ in the software program in order to maximize distribution efficiency.

• A) rate of sales at the various stores
• B) road conditions
• C) truck capacity
• D) store operating hours
• E) all of these

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Definitions:

Value Of Flexibility

The worth or advantage derived from an entity's ability to adapt to changes, uncertainties, or new opportunities in its environment or operations.

Uncertainty

The state of having limited knowledge about an existing condition or future outcome, making it difficult to accurately predict events.

Negative NPV

A situation where the net present value (NPV) of a project or investment is less than zero, indicating it is expected to lose money.

Rate Of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.