The probability of having a product in stock when a customer order arrives is

A) response time.
B) product variety.
C) product availability.
D) customer experience.

Answer: C

Business

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A firm may choose to use members of the distribution channel as if they were assembly stations in the factory. Such an approach is known as:

A) backward integration. B) postponement. C) channel assembly. D) deferred delay.

Business

Since the sales price per unit generally decreases with volume and the cost per unit generally increases with volume, the true breakeven point may be different from those obtained using linear revenue and cost functions as assumed in the breakeven

analysis. Indicate whether the statement is true or false

Business