Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What does the subcomponent of logistics, Service Logistics, involve?
What does the subcomponent of logistics, Service Logistics, involve?
- All aspects of support for the operational capability of the military forces and their equipment
- Plans, implements, and controls the flow and storage of tangible goods within and between firms
- Setup of all activities, facilities, personnel required to organize the resources for an event to take place
- Acquisition, scheduling, and management of facilities, assets, personnel, and materials to support a service operation (correct)
Which component accounts for the largest cost in transportation?
Which component accounts for the largest cost in transportation?
- Reliability
- Speed (correct)
- Availability
- Storage and managing inventories
What economic utility is generally credited to logistics activities?
What economic utility is generally credited to logistics activities?
- Time utility (correct)
- Possession utility
- Place utility
- Form utility
What drives customer satisfaction and ultimately profits in logistics management?
What drives customer satisfaction and ultimately profits in logistics management?
Signup and view all the answers
Which perspective provides a view of the full chain of business activities involved in creating and delivering a product/service to the customer?
Which perspective provides a view of the full chain of business activities involved in creating and delivering a product/service to the customer?
Signup and view all the answers
Which subcomponent of logistics plans, implements, and controls the flow and storage of tangible goods within and between firms?
Which subcomponent of logistics plans, implements, and controls the flow and storage of tangible goods within and between firms?
Signup and view all the answers
