The primary reason that total logistics cost has reduced as a percentage of GDP is:
A) Inventory has increased as a percent of total cost
B) Inventory has decreased as a percent of total cost
C) Transportation has decreased as a percent of total cost
D) Nominal GDP has increased
Correct Answer:
Verified
Q11: Dwell time is:
A)A key component of system
Q12: Logistical system design is driven by careful
Q13: Echeloned distribution structure facilitates direct delivery.
Q14: Transportation cost drives a firm's focus on
Q15: Logistics cost has declined as a percent
Q17: The work of logistics involves:
A)Order processing,inventory,and manufacturing
B)Inventory,transportation,manufacturing
Q18: A logistics performance cycle is:
A)A format for
Q19: Total cost was not typically the way
Q20: Service reliability involves logistical quality.
Q21: Performance Cycle variance is a prime determinant
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