Competitive advantage can be created by offering a lower price for a product that is similar to the competition's product

Indicate whether the statement is true or false

TRUE

Business

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Which of the following statements regarding the reorder point is TRUE?

A) The reorder point is that quantity that triggers an action to restock an item. B) There is a reorder point even if lead time and demand during lead time are constant. C) The reorder point is larger than d × L if safety stock is present. D) A shorter lead time implies a smaller reorder point. E) All of the above are true.

Business

A logistics company is determining the shortest route to get to a selected final destination. The information on possible paths and distances is given below:

Route From Node Distance 1 to 2 50 1 to 3 100 1 to 4 125 2 to 4 75 2 to 5 180 3 to 4 100 3 to 5 125 4 to 5 170 4 to 6 200 5 to 6 125 5 to 7 100 6 to 7 75

Business