Explain what is meant by the total cost approach to logistics
Question # 00772273
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Updated on: 07/30/2020 09:45 AM Due on: 07/30/2020
NO PLAGIARISM
75-150 words per question
please use references and check for grammar
1. Explain what is meant by the total cost approach to logistics.
2. From a logistics perspective, how is network organizational design manifested in terms of relevancy, responsiveness, and flexibility?
3. Discuss some of the ways that inventory can be reduced in the supply chain.
4. Define what is meant by dead inventory. What are several ways to manage it?
5. Distinguish between facility relocation and facility closing. How should companies deal with their human resources (workers) in both situations?
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Solution: Explain what is meant by the total cost approach to logistics