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
Q1: "Pareto Principle" is:
A)Unique to logistical performance measurement
B)A
Q3: flow through facility is:
A)Typically found in the
Q4: Facility network design is the function of
Q5: logistics performance cycle:
A)Is the basic unit of
Q7: work of logistics is all about transportation
Q8: Logistics cost is greater than healthcare cost
Q11: Service reliability is best described as:
A)The measure
Q13: Echeloned distribution structure facilitates direct delivery.
Q14: Transportation cost drives a firm's focus on
Q15: Logistics cost has declined as a percent
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