Logistics Performance Cycle Is

question 14

Multiple Choice

logistics performance cycle is:

• A)A format for improved measurement of cost and service.
• B)The basic unit of supply chain design and operational control
• C)Is an important form of transportation measurement
• D)Is typically echeloned

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values deviate from the mean.

Reliability Analysis

A systematic approach to studying the performance and reliability of systems, components, or products to identify ways to decrease the probability of failure.

Redundancy

The duplication of critical components or functions of a system with the intention of increasing reliability of the system, ensuring availability.

State-Mandated

Regulations or requirements imposed by state authorities.