Question: ILM 1 Introduction to Logistics Final Exam / Question Define what is meant by inventory carrying costs and list its primary components. Distinguish among cycle,

ILM1 Introduction to Logistics
Final Exam/Question
Define what is meant by inventory carrying costs and list its primary components.
Distinguish among cycle, safety, pipeline, and speculative stock.
What is nearsourcing? How is it a relevant approach in today's logistical decisions?
How do transportation considerations influence facility location decisions?
Explain the four ways that warehousing facilitates the regrouping function.
Why is transportation important to a firm's supply chain operations?
Discuss the speed of airfreight transportation in terms of the line-haul and accessorial service.
What are freight forwarders? How do they function? What services do they perform?
What is transportation management and why is it important?
Discuss some of the key political restrictions on crossborder trade.
ILM1 Introduction to Logistics Final Exam/Question Define what is meant by

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