The sum of all product- and logistics-related costs is:
A)Total landed costs.
B)Total cost of ownership.
C)Cost-to-cost trade-offs.
D)Cost-to-service trade-offs.

Question

Quizplus · Accepted Answer

The sum of all product- and logistics-related costs is known as the total landed cost. This includes the cost of the product, transportation, customs duties, taxes, and other fees associated with getting the product to its final destination. Total cost of ownership refers to the total lifetime costs of a product, including maintenance and repair costs. Cost-to-cost trade-offs and cost-to-service trade-offs are terms used in supply chain management to weigh the costs and benefits of different supply chain strategies.

The Sum of All Product- and Logistics-Related Costs Is