Activities involved with the physical distribution process include transporting, warehousing, forecasting, processing orders, inventorying, production planning, selecting sites, and servicing customers.
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Physical distribution is one of the largest arenas of marketing and has been defined as the analysis, planning, and control of activities concerned with the procurement and distribution of goods.
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manufacturers need to review issues such as distribution objectives, product transportation, and product warehousing. Choosing the mode of transportation requires an understanding of each possible method:
The data would be approximately evenly distributed about and below the mean. This suggests a normal distribution, although there are other criteria involved in that.
Yes. When we refer to the normal distribution, we are referring to a probability distribution. When we specify the equation of a continuous distribution, such as the normal distribution, we refer to the equation as a probability density function.