The problem that deals with the distribution of goods from several sources to several destinations is the:
A) network problem.
B) assignment problem.
C) transportation problem .
D) transshipment problem.
Answer: C
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When a counteroffer is made:
a. the original offer is void. b. the original offeree is still the offeree. c. the original offeror is still the offeror. d. the original offer is considered accepted with the exceptions noted in the counteroffer.
Which of the following statements about factoring is true?
A) Factoring firms sell the receivables of other firms. B) Factoring involves the outright sale of a firm's accounts receivable to the factor. C) The firm, not the factor, bears the risk of collecting bad receivables in a factoring arrangement. D) The borrowing firm is able to obtain a greater advance against inventory in a factoring arrangement than in a typical line of credit secured by accounts receivable.