The presence of risk leads to a less than perfect allocation of productive resources.

Which of the following is a disadvantage of using a manual, non-automated materials-handling system?

a. Increases risk of damage b. Decreases product handling c. Lowers customer stockouts d. Increases time utility

A report which is based on creditworthiness and personal characteristics that influences an insurance applicant's eligibility for life and health insurance is called a(n)

A) MIB report B) consumer report C) agent's report D) medical report