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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 2898 |
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For example, locating a warehouse near customer may reduce the cost of transportation. However, additional costs are associated with new warehouses. Managers can maximise performance of logistics systems only by formulating decisions based on the recognition and analysis of such trade-offs. A trade- off of costs may go against one's immediate interests...
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However, additional costs are associated with new warehouses. Managers can maximise performance of logistics systems only by formulating decisions based on the recognition and analysis of such trade-offs. A trade- off of costs may go against one's immediate interests. (Czinkota, Ronkainen and Moffett, 2005)
Logistics
International logistics is the design and management of a system that controls the forward and reverse flow of materials, services and information into, through and out of the international corporation...
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