LOGISTICS TRIANGLE OF DECISION MAKING

Question	Answer
DESIGNING THE OVERALL LOGISTICS SYSTEM	THE TRIANGLE OF LOGISTICS DECISION MAKING
THE TRIANGLE OF LOGISTICS DECISION MAKING	Image: 5158bbbb-4e30-4202-84e3-7da9ef06545c.JPG (image/JPG)
MAJOR PLANNING AREAS, WE ADDRESS FOUR MAJOR PROBLEM AREAS	CUSTOMER SERVICE LEVELS FACILITY LOCATION INVENTORY DECISIONS TRANSPORTATION DECISIONS
GUIDELINES FOR STRATEGIC FORMULATION	TOTAL COST CONCEPT
TOTAL COST CONCEPT	COST PATTERNS OF VARIOUS ACTIVITIES IN CONFLICT WITH ONE ANOTHER BALANCING THE ACTIVITIES SO THAT THEY ARE COLLECTIVELY THE LOWEST DIRECT COST OF THE TRANSPORT & INDIRECT COST ON INVENTORY LEVELS
WHERE IS THE BEST ECONOMIC CHOICE	WHERE THE SUM OF BOTH COSTS IS LOWEST
THE BEST ECONOMIC CHOICE OCCURS AT THE POINT WHERE THE SUM OF BOTH COSTS IS THE LOWEST	Image: b21a0df8-b7c4-475e-b9eb-9226e2115e93 (image/jpg)

Resource summary

	Created by remy.richman about 9 years ago