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Question
In applying the total cost approach to logistical management, management:a. seeks to minimize the cost associated with each logistical activity in the firm.
b. attention centers on minimizing transportation costs.
c. attention centers on minimizing inventory costs.
d. recognizes that a decision made for one logistical variable affects all or some of the other logistics variables.
e. recognizes the importance of minimizing fixed facility (warehouse) costs.
Answer
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