In logistics management, a cost-effective decision implies which of these?
A) While it is important to drive down logistics costs, all channel members must equally benefit financially or the chain will not function effectively.
B) Speed of delivery must be measured against increased savings in warehousing.
C) While it is important to drive down logistics costs, customer buying requirements must be a part of the equation.
D) The need for multiple carriers always results in lower profit margins and therefore should be avoided.
E) The choice of intermediaries should be made on their ability to perform their tasks appropriately even if additional costs must be passed on to the consumer.
Correct Answer:
Verified
Q215: As it relates to the definition of
Q220: IBM used its artificial intelligence supercomputer Watson
Q222: Which statement regarding efficient supply chains is
Q228: Supply chain management refers to
A) the integration
Q233: A supply chain refers to
A) the various
Q235: An important feature of supply chain management
Q236: Supply chain and logistics managers play a
Q237: The goals to be achieved by a
Q238: The three steps used in choosing a
Q258: Total logistics cost refers to
A) the design,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents