The Word Cost-Effective as It Relates to the Definition of Logistics

question 248

Multiple Choice

The word cost-effective as it relates to the definition of logistics management implies

• A)while it is important to drive down logistics costs, satisfying customer requirements must be a part of the equation.
• B)while it is important to drive down logistics costs, all channel members must benefit equally financially or the chain will not function effectively.
• C)speed of delivery must be measured against increased savings and ultimately, savings should carry more weight.
• D)the need for multiple carriers always results in lower profit margins and therefore should be avoided.
• E)the choice of intermediaries should be made on their ability to perform their tasks efficiently even if additional costs must be passed on to the consumer.

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Definitions:

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