Logistics Tradeoffs

Tradeoffs are decisions made by logistics professionals that have a random impact on other areas within and outside of logistics.

Tradeoffs are decisions made by logistics professionals that have no impact on other areas within and outside of logistics.

Tradeoffs are decisions made by logistics professionals that have a positive impact on other areas within and outside of logistics.

Tradeoffs are decisions made by logistics professionals that have a negative impact on other areas within and outside of logistics. (correct)

To maximize the department’s operating expense.

To minimize the impact of decisions on other areas within and outside of logistics. (correct)

To increase suboptimization within the company.

To avoid finding innovative solutions to problems.

A solution to a problem that has no impact on the company's profitability.

A solution to a problem that is best from a narrow point of view and from a higher or overall company point of view.

A solution to a problem that is best from an overall company point of view.

A solution to a problem that is best from a narrow point of view but not from a higher or overall company point of view. (correct)

<p>Understanding tradeoffs can help logistics professionals find innovative solutions to problems.</p> Signup and view all the answers

<p>Decreased sales and overall company profitability.</p> Signup and view all the answers