FILL THE BLANK. 2.The Smith Company has decided to change its shipping (transportation) mode from truck to rail. Its inventory level has nothing to do with a modal change. This statement is _____________.
As the shipping distance increases, the cost per unit of distance increases as well. This statement is _____________.
Zanda Corp. decided to use a more expensive mode of transportation such as an air carrier to deliver orders to customers. Zanda likely made this modal choice decision after an examination of cost-to-cost trade-offs. This statement is ____________.
XYZ Corp. had established a production plant in Thailand. Recently it decided to close the plant and move production to Mexico. This decision was likely made after XYZ estimated total landed cost of two alternative offshoring options. This statement is ____________.
Total landed cost can include the cost associated with foreign currency exchange (e.g., conversion of Chinese Yuan to U.S. dollars). This statement is ____________.
