Please answer the following questions using a minimum of 100 word per response. Reference the text book to provide answers. No special formatting or sources are required.
- Explain what is meant by the total cost approach to logistics.
- From a logistics perspective, how is network organizational design manifested in terms of relevancy, responsiveness, and flexibility?
- Discuss some of the ways that inventory can be reduced in the supply chain.
- Define what is meant by dead inventory. What are several ways to manage it?.
- Distinguish between facility relocation and facility closing. How should companies deal with their human resources (workers) in both situations?
Sample Solution
