Question $1(6\mathrm{.}00$ Point$)$

Tips

Explain the objectives of logistics management

Question $2(7\mathrm{.}00$ Point$)$

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Importance of demand forecasting

Question $3(8\mathrm{.}00$ Point$)$

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Explain the market logistic planning

Question $4(9\mathrm{.}00$ Point$)$

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If the firm is prepared to incur increased cost on transportation, it may be in position to reduce its inventory cost. Please explain the assertion