An inherent characteristic of the business logistics approach in which the inter
ID: 385717 • Letter: A
Question
An inherent characteristic of the business logistics approach in which the interrelationships between transportation, warehousing, inventory, and customer service suggest that a decision made in one area will impact another area. This approach is called: A. Simple cost analysis B. Total cost analysis C. Real time cost analysis D. Fixed cost analysis QUESTION 6 The total cost analyis does not require the decision maker to consider cost trade offs. True O False QUESTION 7 Transportation interacts with three groups of society, they are: A. Users B. Providers C. Government O D. All of the above. QUESTION 8 he reduction in transportation costs between points A and B gives the commodity O A. Cost utility O B. Transportation savings O C. Place utility D. Value of goods QUESTION 9 The transportation industry is in a constant state of flux. It is intertwined with the O A. social, political, and global -, and forces in a society and economy. B. geographical, political, and economic O C. physical, political, and economic D. social, political, and economic QUESTION 10 The customer's perception is their reality.Explanation / Answer
5. B. It is total cost analysis.
6. B. False
7. D. All of the above.
8. B Transportation savings.
9. A. Social, political and global