Answer:
Inbound logistics
Explanation:
Inbound logistics is the process of obtaining raw materials, and other goods and services, to the firm, while outbound logistics is the process of delivering the final goods and services from the firm to the customers.
In this case, the retail company is engaging in inbound logistics because it is procuring the raw materials from local farmers. Once these materials reach the firm, it can transform them into the agricultural produce and consumer produce that it sells.
Answer:
$4.50
Explanation:
In order to make a profit from the futures contracts, it would be appropriate to take a long position in the June futures contract(buy) and take a short position in the December futures contract.
The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.
loan repayment=$60*(1+5%/2)=$ 61.50
In December, sell crude oil at $66 and repay the loan principal and interest
profit=$66-$61.50=$4.50