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Unformatted text preview: goods. The significance of the difference between raw materials and finished goods is that once labor is added to raw materials can dramatically change the cost to finished goods. o Packaging Relates to shrinkage (loss to theft and lost merchandise and damage). Different kinds of packaging can help to reduce shrinkage. Bubble wrapping. FOB is free on board. o Freight Decisions 6 ways to ship a product in order of efficiency Electronic Pipeline Water good for heavy stuff Rail good for heavy stuff. Ground Very expensive Air o Decision fork when you have to make a decision. Its the box on the decision tree. o Event fork making more decisions. The circles on the decision tree....
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