Which of the Following Is an Objective of Logistics

question 47

Multiple Choice

Which of the following is an objective of logistics?

• A)Increase the cost of value creation
• B)Manage a firm's global supply chain at a low cost
• C)Reduce inventory turnover
• D)Reduce a firm's customer responsiveness
• E)Increase inventory holding costs

---

Definitions:

Nature and Nurture

A concept in psychology and sociology that debates whether human behavior is determined by one's environment (nurture) or genetics (nature).

Plato

Ancient Greek philosopher, student of Socrates, teacher of Aristotle, known for his contributions to philosophy, mathematics, and the theory of forms.

Aristotle

An ancient Greek philosopher and polymath during the Classical period in Ancient Greece, one of the most important founding figures in Western philosophy.

The Testing Effect

The phenomenon where long-term memory is enhanced when some of the learning period is devoted to retrieving the to-be-remembered information through testing.