Logistics Refers to

Logistics refers to

A) an inventory management system whereby the supplier determines the product amount and assortment a customer (such as a retailer) needs and automatically delivers the appropriate items.
B) mathematical formulas and calculations used in determining product volume and demand in order to generate the greatest revenue at the lowest cost.
C) a system of proprietary computer and telecommunication technologies to exchange electronic invoices, payments, and information among suppliers, manufacturers, and retailers.
D) activities that focus on getting the right amount of the right product to the right place at the right time at the lowest possible cost distribution management.
E) a specialized intermediary in the distribution chain responsible for the coordination of all production schedules.