Exhibit 4-4 Refer to Exhibit 4-4

question 158

Multiple Choice

Exhibit 4-4 Refer to Exhibit 4-4.A shift from demand curve D to D' illustrates a(n)

• A)decrease in demand
• B)decrease in quantity demanded
• C)increase in quantity demanded
• D)increase in demand
• E)increase in supply

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Definitions:

Total Logistics Costs

The cumulative expenses associated with the planning, implementing, and controlling of the movement and storage of goods and services from their point of origin to their point of consumption.

Transportation Costs

The expenses associated with the movement of goods or passengers from one location to another.

Facility Costs

Expenses related to the physical buildings and infrastructure used in the manufacturing, storage, and distribution processes in a supply chain.

Flexible Technology

Technology that can be easily adapted or adjusted to support varying operational or production requirements.