Explain the nature and importance of time and place utility, and how they contribute to the value

Question:

Explain the nature and importance of time and place utility, and how they contribute to the value of a product.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Transportation A Global Supply Chain Perspective

ISBN: 978-1133592969

8th edition

Authors: John J. Coyle, Robert A. Novak, Brian Gibson, Edward J. Bard

See More Books

Question Posted: Jun 04, 2015 07:53 AM

See More Questions

Explain the nature and importance of internal controls over financial reporting.
Explain the nature and importance of written representations in auditing.
Discuss the nature and importance of feedback. In what ways do marketing communicators receive feedback from present and prospective customers?
In Exercises show that the function y = (x) is a solution of the differential equation. y = 4e-x y" - y = 0
1. Identify the various environmental factors which influence Air Canada. Which of these are most important? Explain. 2. How does the multi-year planning timeframe regarding the purchasing of...
You have been given the following information for RPE Consulting for the year ended July 31, 2020. Required 1. Prepare the companys income statement, statement of changes in equity, and balance...
Cotton Pricing Although the abundance and availability of data have increased rapidly due to technology advances, and computers make fancier and fancier visualizations, data visualization itself is...
Assume you are given the following abbreviated financial statement. ($ in millions) $150.0 Fixed and other assets .............. 200.0 Total assets ................... $350.0 Current liabilities...
During 2021, Smooth Ride Airlines paid salary expense of $38.3 million. At December 31, 2021, Smooth Ride accrued salary expense of $2.2 million. Smooth Ride then paid $2.9 million to its employees...
Alwar Brothers is a small, family-owned business that produces animal feed for dairy farms. The administrative offices and manufacturing plant of Alwar share the same building. Financial records...
Why are highways serving major metropolitan areas sometimes described as their lifelines?
Adam Smith stated the specialization of labor was limited by the extent of the market and that transportation helps to expand the market. Explain this statement.
In deciding whether to attend university, many students are influenced by the increased earnings potential that a university degree is likely to create. A recent census study by Statistics Canada...
Was it difficult to come to consensus on various elements when crafting the culture? What sorts of disagreements arose, and how did you solve them?
What results when there is an increase in overall prices? a. Recession b. Deflation c. Peak d. Inflation
Are there other strategies that organizations could employ to ensure that underrepresented employees and managers are not disproportionately affected by the layoffs?
Take the speed of sound in air at standard temperature and pressure to be $343 \mathrm{~m} / \mathrm{s}$. Convert this speed to kilometers per hour, inches per nanoseconds, and miles per second.
Do you agree with this approach to dismantling the toxic culture? Explain?
Listed below are the names of some ledger accounts. State whether you would expect to find a debit balance or a credit balance in each. Name of ledger account Capital account Purchases account...
A new car sold for $31,000. If the vehicle loses 15% of its value each year, how much will it be worth after 10 years?
During the last 20 to 30 years, there have been a number of countries whose economies have experienced important economic expansion and development. One group of countries has been labeled the BRIC...
The Clearfield Cheese Company was established by two brothers, Terry and Ted Edwards, in 1931, in Clearfield, Pennsylvania. This section of Central Pennsylvanias economy was based largely upon coal...
What is your view of the use of technology to enhance sustainability in transportation systems in the future?
I need to find out how to calculate the 3-year % rate of return. The information I have is a $10,000 investment and a 12-month yield percentage (1.138 for AB company, 1.894 for AIG company, 0.679 for...
Anna has an investment that will bring her $100 with a 30% probability and $40 with a 70% probability. Anna's Utility function is U = Y (1/2) . Where Y= income. Anna is considering selling this...
on January 1, 2000, the price of koka kola was $10. on jan and, 2020, the shares were worth $100. the stock Paid no dividends during the period. what is the annual geometric return.

Explain the nature and importance of time and place utility, and how they contribute to the value

Question:

Step by Step Answer:

The reduction in transportation costs between points A and B gives the commodity place utility The m...View the full answer

Transportation A Global Supply Chain Perspective

Students also viewed these Management Leadership questions