___________ is the logistics concept in which cost is used as a basis for measurement for the purpose of minimizing the firm's overall logistics cost by implementing the systems concept appropriately.
A) The inert management concept
B) The total cost concept
C) The volume and reduction concept
D) The earmarkings concept

Question

Quizplus · Accepted Answer

The total cost concept involves using cost as a basis for measurement in logistics management, with the goal of minimizing overall logistics costs by implementing effective systems concepts. The other options listed are not commonly used logistics concepts.

___________ Is the Logistics Concept in Which Cost Is Used