Asked by Sophony Henri on Jul 18, 2024
Verified
The facilities in a supply chain network must
A) at least maximize total logistics cost.
B) at least equal the number that maximizes total logistics cost.
C) at least equal the number that minimizes total logistics cost.
D) at least minimize total logistics cost.
Total Logistics Cost
The overall expenses associated with the planning, implementing, and controlling of goods’ movement, including transportation, inventory, warehousing, and order processing costs.
Facilities
Physical locations and infrastructures, such as factories, warehouses, and offices, where business operations occur.
Supply Chain Network
A complex system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.
- Determine the ramifications of logistics expenditures on the decision-making process for facility siting, taking into account the impacts of tariffs and worldwide competition.
Verified Answer
Learning Objectives
- Determine the ramifications of logistics expenditures on the decision-making process for facility siting, taking into account the impacts of tariffs and worldwide competition.
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