The most efficient logistics systems are always comprised of each system component operating at its lowest possible cost.( )
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A key objective of demand management is to anticipate future demand in the marketplace.( )
All customers are the same and so companies should not apply different logistical approaches for different customer groups.( )
The higher the average cost of a stock-out, the better it is for the company to hold some amount of inventory (safety stock) to protect against stock-outs.( )
Warehouses emphasize the storage of product and its primary purpose is to maximize the usage of storage space.( )