An online grocery store has a distinct advantage over a traditional model in the area of

A) Processing costs
B) Transportation costs
C) Facility costs
D) Information costs

Answer: C

Business

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Parker has fee simple title to a rectangular lot on a commercial street. It contains 16,500 square feet and is 150 feet deep. Parker wants to build a store building but needs more space. There are 2 lots available for purchase of identical size and shape to each other, one on each side of his lot. Each of these lots measures 150 feet in depth and contains 1,950 square feet. If Parker acquires both of these lots and combines them with his original lot, his total frontage will be:

A: Cannot be calculated from the information given; B: 176; C: 159; D: 143.

Business

A lot of 1,000 items is on the loading dock. A single-sampling plan calls for a sample size of 10. The following table gives the probability of acceptance for the plan over a range of possible quality levels

Proportion Defective Probability of Acceptance 0.01 0.97 0.02 0.85 0.03 0.60 0.04 0.50 0.05 0.24 0.06 0.05 What is the average outgoing quality limit for this plan? A) less than or equal to 0.018 B) greater than 0.0180 but less than or equal to 0.0200 C) greater than 0.0200 but less than or equal to 0.0220 D) greater than 0.0220

Business