Total logistics costs refer to
A) the design, installation, and maintenance of in-store displays, cabinets, and free standing promotional materials for retail outlets.
B) expenses associated with activities performed by brokers and agents to bring buyers and sellers together.
C) expenses associated with transportation, materials handling and warehousing, inventory, stockouts, order processing, and return goods handling.
D) expenditures associated with the clerical or bookkeeping side of the procurement process which include purchase, design and maintenance of the EDI system.
E) expenses associated with product adaptations that are made by the manufacturer in response to the needs of a channel member closer to the consumer.
Correct Answer:
Verified
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