QUESTION: 17

A firm offers their customers shorter order cycle times and increased product variety. Generally, this action would have which of the following impacts on total logistics costs?

Increases total logistics costs
Reduces total logistics costs
Has no impact on total logistics costs
Only affects service levels, not costs

Answer(s): C

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QUESTION: 18

A third-party logistics (3PL) provider is seeking to market its value-added warehousing services to international shippers. These services refer to activities such as:

selecting the best location in the warehouse for storage and retrieval.
total warehousing cost minimization on equipment, maintenance, and labor.
customization services like packaging, labeling, kitting, and setting up displays.
improving overall quality measured by ad-hoc metrics according to international standards.

Answer(s): B

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