Logistics is the term that describes the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and actions.

Question

Quizplus · Accepted Answer

Logistics refers to the detailed coordination of a complex operation involving many people, facilities, or supplies, primarily focusing on the transportation and storage of goods from point of origin to the point of consumption. The description given pertains more closely to analytics or data-driven decision-making.

Logistics Is the Term That Describes the Extensive Use of Data