Air Transport
Air Transport -Significant advantage lies in the speed with which a shipment can be transported. -Though the freight cost is very high, the same may...
Air Transport -Significant advantage lies in the speed with which a shipment can be transported. -Though the freight cost is very high, the same may...
•Low cost and high portability with a capability of bringing accurate and timely information to the decision maker whether in office, at the warehouse, or...
Volume transportation rate: In the EOQ formulation, there was no consideration for the impact of transportation cost on order quantity. The transportation cost from the...
•The objective of logistics is to link the market place, distribution network, the manufacturing process and procurement activity, so as to provide higher levels of...
The elements of assumption categories are as follows BUSINESS ASSUMPTIONS 1. Scope: Definition of business units and product lines to be included Alternatives: Range...
•Concerned with managing work-in-process inventory as it flows between the stages of manufacturing. •Formulates a master production schedule that subsequently facilitates arranging for timely availability...
Promotions are initiated by the firm’s marketing activities such as advertising, and various other schemes. (a)Sales increase during promotion as the consumers take advantage of...
Factors Affecting the selection of Material Handling Equipment The selection of materials handling equipment requires the attaining of proper balance between the production problem, the...
Cost benefit estimate: The final feasibility assessment is a preplanning estimate of the potential benefits of performing a logistics analysis and implementing the recommendation. Benefits...
Explain Logistical function of packaging. Ans. 1. Containment: Products must be contained before they are moved from one place to another. 2. ...