The American realist school of law believes that ________
A) the source of law is contemporary community opinion and customs
B) morals are separate from law and should not be considered in making legal decisions
C) classical economic theory and empirical methods must be applied to all areas of law in order to arrive at decisions
D) the source of law is actors in the legal system and scientific analysis of their actions
D
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Which distribution network design is similar to pure drop-shipping, except that pieces of the order coming from different locations are combined so that the customer gets a single delivery?
A) Manufacturer storage with direct shipping B) Manufacturer storage with direct shipping and in-transit merge C) Distributor storage with package carrier delivery D) Distributor storage with manufacturer pickup
The Truck Toys Company manufactures traditional wooden toy trucks. It has determined its variable cost/unit to be $1.50/truck
Fixed costs, however, are quite high because old equipment is used in the manufacturing process and costly packaging is needed to market the toy trucks. The fixed costs are estimated at $11,000/month. The company sells their toy trucks at a price of $7.75/each. How many toy trucks must be sold annually to break even? A) 1,760 toy trucks B) 5500 toy trucks C) 20,000 toy trucks D) 1,879 toy trucks E) None of the above