Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 2 7 How does short transit time save capital? A . Frequent replenishing allows firms to reduce inventories B . Faster modes of transport
Question
How does short transit time save capital?
A Frequent replenishing allows firms to reduce inventories
B Faster modes of transport are also cheaper on average
C Shorter transit times allow firm to sell their warehouses after they have been emptied
D Transport containers are rented, incurring more costs from prolonged use
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started