Question: 1. What is logistics (physical distribution)? 2. Why is the physical distribution customer service level important? 3. What is the physical distribution concept ? What

1. What is logistics (physical distribution)? 2. Why is the physical distribution customer service level important? 3. What is the physical distribution concept ? What is the goal of total cost approach? 4. What are the advantages and disadvantages of various modes of transportation? Think of examples that each mode suites the best. 5. What are the functions of storing? Whats involved in the total inventory cost?

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