As transportation speeds up Lost sales will decrease and the cost of transportation declines Inefficiencies will increase and lost sales will decrease The cost of transportation declines and inefficiencies will increase Transportation cost increases and lost sales will decrease 2 Amazon's secret to beating Walmart in market share is its superior logistics service. True False 3 As the value of a product increases, which of the following is also true from a logistics perspective? Warehousing costs decrease Transportation costs will increase Inventory costs will increase Sales will increase 4 Improving service always costs more money True False 5 The challenge as a logistician is to evaluate and meet customer's needs at the lowest cost. True False