1)

A functional product is characterized by slow technology speed, low product variety, and relatively higher profit margin etc.

Group of answer choices

True

False

2)

The supply chain contract that involves full refund for returned items as long as the quantity is below an agreed-upon threshold is called sales rebate contract.

Group of answer choices

True

False

3)

Heuristics are algorithms that provide good, but not necessarily optimal solutions to a problem.

Group of answer choices

True

False