Once Revenue and Total Logistics Costs Are Considered Together,the Optimal

question 20

True/False

Once revenue and total logistics costs are considered together,the optimal number of facilities in a distribution network may decrease compared to the optimal number of facilities based on total logistics costs only.

---

Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.

Balance Sheet

A balance sheet is a financial statement that summarizes a company's financial position at a specific point in time, detailing assets, liabilities, and shareholders' equity.

Accounting Records

Documentation and books that keep track of all financial transactions, assets, liabilities, equity, revenues, and expenses of an entity.