Distinguish between possession, form, time, and place utility.
Answer to relevant QuestionsHow can a particular logistics system be effective but not efficient?What is the systems approach to problem solving? How is this concept applicable to logistics management?Logistics managers must be both generalists and specialists. Why is this true? Does this help to explain why there tends to be an imbalance in the supply of, and demand for, logistics managers?Discuss how global positioning systems have become quite valuable in transportation management.What are some of the macro-level information technology challenges that managers face?
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