Which of the Following Questions Can Logistics Help a Company

question 49

Multiple Choice

Which of the following questions can logistics help a company answer?

• A) What quantity of raw materials should we purchase to minimize spoilage?
• B) How can we guarantee that our raw materials meet production needs?
• C) At what price can we purchase materials to guarantee profitability?
• D) What path should the vehicles follow when delivering the goods?

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Definitions:

Accurate

Characterized by precision and correctness in details or measurements.

Cent

A monetary unit in many countries, equal to one-hundredth of the base unit of currency, such as the dollar or euro.

Evaluate

To assess or judge the value, nature, or importance of something.

Decimal Equivalents

Numeric values expressed in decimal form that represent fractions, percentages, or other quantities for easier calculations.