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In the western countries, “logistics” was first used in military. ( )

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Generally speaking, higher inventory levels result in lower chances of a stock-out.( )

A product's form utility is created when value is added to the product through manufacturing, production or assembly process. However, logistics activity can improve form utility too. Which is an example of the creation of form utility by logisitcs activity?

A. When wood is cut and made into chair.
B. when firm's finance manager approves(允许)customer purchases on credit basis.
C. Advertising
D. the utilization and repackaging at distribution center

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Aircraft manufacturer has a heavy inbound logistics system.

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Which modes of transportation are used to primarily move low value, high density commodities?()

A. rail and motor
B. air and motor
C. water and motor
D. water and rail

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