The traffic manager for wlg, inc is evaluating transportation modes for shipment of the company's products. wlg's components division produces electronic assemblies according to buyer's specifications. the typical product is high-value--in the range of $30,000 to $50,000, small--less than 8 inches square, very fragile, insurance costs are $1750 per day for each item, and the shipment distance is 2,500 miles. which mode of transportation would be most appropriate?

The answer is: Air freight transportation

Explanation:

WLG's products are small, fragile and high-value. They have to be shipped far away (2,500 miles) and insurance costs are very expensive and they are charged on a daily basis. So WLG needs a safe, fast, reliable and agile method of transportation, that is why air freight is its best possible choice.

The advantages of air freight transportation are:

Fastest shipping method Highly reliable arrival and departure times High level of security Less need for warehousing and lower stock Less packaging  You can send your cargo almost anywhere Low insurance premiums  You are able to follow the status of your cargo

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.