What Is Often the Largest Component of Logistics Costs

question 28

Multiple Choice

What is often the largest component of logistics costs?

• A) Inventory costs
• B) Transportation costs
• C) Shipper-related costs
• D) Administrative costs

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Definitions:

Disclose Information

The act of making information known or public, especially information that was previously private or confidential.

Professional Duty

An obligation or responsibility that an individual in a professional role is expected to perform or uphold.

Cost

An amount that must be paid or spent to buy or obtain something, which can include money, time, or labor in the context of production or services.

Benefits

Refers to the advantages or positive outcomes derived from a particular action, policy, or product.