Chelicerates Include the Extinct Trilobites,and Modern-Day Horseshoe Crab And

question 46

Multiple Choice

Chelicerates include the extinct trilobites,and modern-day horseshoe crab and:

• A)lobsters
• B)spiders and mites
• C)nematodes
• D)insects

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Definitions:

Inventory Costs

The total cost associated with holding and managing inventory, including warehousing, depreciation, insurance, and potential obsolescence.

Single Sourcing

A procurement strategy where a company relies on a single supplier for a particular component or product.

Assurance of Supply

The confidence in a supplier's ability to provide consistent and continuous goods or services, meeting the buyer’s requirements.

Greater Flexibility

The enhanced ability of an organization or system to adapt to changes, adjust to new conditions, or alter operations in response to different requirements.