Reverse logistics addresses failures in logistics systems

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Reference no: EM131743862

1. Procurement departments have the benefit of having few interfaces with other organizational departments such as legal and human resources.

True

False

2. Reverse Logistics addresses failures in logistics systems.

True

False

3. Creating an effective supply chain involves dealing with many sets of "trade offs".

True

False

4. Lot-for-Lot sizing is:

JIT production

the same as Lot Size = 1

whatever lot size generates the minimum production cost

typically used for finished goods

Reference no: EM131743862

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