Question: Given the following logistics cost ($ Million) 2015 2016 : Inventory Cost 500 660 Transportation Cost 650 810 Administrative cost Revenue 80 9500 65 11200

Given the following logistics cost ($ Million)

2015

2016

:

Inventory Cost

500

660

Transportation Cost

650

810

Administrative cost

Revenue

80

9500

65

11200

a) What is the percentage change in total logistics cost Index between 2015 & 2016?

b) What is the percentage change in administrative cost index between 2015 & 2016?

c) Explain if the reduction in administrative cost is an improvement in this case. Explain a potential way that this reduction could be achieved.

my course is about Logistic management.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Assuming that PayNet acquires 70% of Shale on August 1, 2022, for cash of $196,000, what amount would appear in the non-controlling interest (NCI) account on the consolidated balance sheet on the...

Q:

1. Using the information provided, what should SPs shares be trading at on the first day of its listing? a. Conduct a DCF analysis. b. Conduct a comparable companies analysis. c. Would you recommend...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Hi, Can you take a look at the attached material and let me know if you can help me with it and show all your work. The question is in the JPG file and you will need the Excel workbook and Word doc...

Q:

Attached is the assignment requirement and 2 previous assignments as example 1- the assignment should be zero plagiarism and similarity (no copy ans paste is accepted) 2- should be completed in the...

Q:

The question is in the word document, please help me with it. 1. Use the following information to answer the following. Cash Holdings ($) Unused Credit Line ($) Next Expected Cash Inflow ($) Stand....

Q:

Refer to the ?Caterpillar? file in Moodle and answer the following. Calculate the Addition Funds Needed for Working Capital for Caterpillar for the calendar year 2016. What does your result in ?Part...

Q:

THIS QUESTION IS DUE IN EXACTLY 1 HOUR AND 45 MINUTES. I WILL PAY EXTRA 10 DOLLARS IN TIP IF SOMEONE TYPES THE EXACT ANSWER REQUESTED. PLEASE RESPOND TO THE EACH AND EVERY QUESTION IN A TOTAL OF 3-4...

Q:

See the University of Maine System Annual Financial Report: Statement of Net Position (Balance Sheet) on page 28; and Statement of Revenues, Expenses & Changes in Net Position (Income Statement) on...

Q:

The rates of hydration of the two alkenes shown differ by a factor of over 7000 at 25C. Which isomer is the more reactive? Why?

Q:

Which of the following have the same number of valenceelectrons? A) Al, Ge, Sb B) P, As, Sb C) Cs, Bi, At D) Xe, Rn, At E) Fr, Ra, Lr

Q:

Requirement 3 . What other considerations might affect the decision? Several considerations may affect the decision. Select the two best answers. Who would be interested in buying the old Xerox...

Q:

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...