Landed Cost Is

question 7

Multiple Choice

Landed cost is:

• A) The fee associated with landing an aircraft at an airport
• B) The total cost of a product to include the transportation cost of getting it to market
• C) The cost of transportation
• D) Port charges

---

Definitions:

Aggregate Planning

A marketing activity that aims to match supply and demand by adjusting production rates, workforce levels, and inventory levels, over a medium-range period.

Hire Workers

The process of recruiting, interviewing, and employing individuals to perform tasks or jobs within an organization.

Lay Off Workers

The process of temporarily or permanently removing employees from their positions due to economic downturns, organizational restructuring, or cost-cutting measures.

Aggregate Plan

A process in operations management used to develop, analyze, and maintain a preliminary, approximate schedule of the overall operations of an organization.