Podcast
Questions and Answers
Which step involves the determination of the service elements that will directly or indirectly impact upon the costs of service?
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)?
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?
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?
Which factor is considered in the determination of service costs?
What is the purpose of identifying specific resources used to support customer segments?
What is the purpose of identifying specific resources used to support customer segments?
Which step involves attributing activity costs by customer type or segment?
Which step involves attributing activity costs by customer type or segment?
What is the purpose of identifying cost drivers in activity-based costing?
What is the purpose of identifying cost drivers in activity-based costing?
What is the purpose of logistics and supply chain management?
What is the purpose of logistics and supply chain management?
Which step involves identifying factors that contribute to variations in the cost of service?
Which step involves identifying factors that contribute to variations in the cost of service?
What principle is used to determine incremental costs in logistics cost analysis?
What principle is used to determine incremental costs in logistics cost analysis?