A repeatable lean transportation schedule, also called a _____, moves goods from supplier to purchaser and then from purchaser back to supplier with return material.
a. MRO system
b. pull system
c. push system
d. closed-loop system
e. None of the above.
Question 2
Three major reasons that explain why franchisors distribute via franchise channels are:
a. (1) reduce uncertainty; (2) obtain training; and (3) obtain assistance from franchisee.
b. (1) capital advantages, (2) potential to reduce distribution costs, and (3) possible high level of managerial motivation fostered by franchising.
c. (1) capital advantages, (2) obtain training; and (3) obtain assistance from franchisee
d. (1) capital advantages, (2) potential to reduce distribution costs, and (3) obtain assistance from franchisee.
e. (1) reduce uncertainty; (2) obtain training; and (3) possible high level of managerial motivation fostered by franchising.
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The expected value for a binomial probability distribution is _____.