Mission Costing in Supply Chain
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Questions and Answers

Which step involves the determination of the service elements that will directly or indirectly impact upon the costs of service?

  • Step 4
  • Step 3
  • Step 2 (correct)
  • Step 1

What is the basic tenet of activity-based costing (ABC)?

  • Incremental costs are incurred
  • Product mix impacts costs
  • Delivery characteristics affect costs
  • Cost drivers should be identified (correct)

What is the purpose of logistics cost analysis?

  • To reduce costs
  • To allocate resources efficiently (correct)
  • To meet customer service requirements
  • To improve delivery frequency

Which factor is considered in the determination of service costs?

<p>Product mix (B)</p> Signup and view all the answers

What is the purpose of identifying specific resources used to support customer segments?

<p>To meet customer service requirements (B)</p> Signup and view all the answers

Which step involves attributing activity costs by customer type or segment?

<p>Step 4 (B)</p> Signup and view all the answers

What is the purpose of identifying cost drivers in activity-based costing?

<p>To allocate costs accurately (C)</p> Signup and view all the answers

What is the purpose of logistics and supply chain management?

<p>To meet customer service requirements (C)</p> Signup and view all the answers

Which step involves identifying factors that contribute to variations in the cost of service?

<p>Step 1 (C)</p> Signup and view all the answers

What principle is used to determine incremental costs in logistics cost analysis?

<p>Avoidability (D)</p> Signup and view all the answers

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