ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Consumer costing
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Employee costing
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Activity costing
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All of the above
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Detailed explanation-1: -Summary: In conclusion, Types of logistics costs can be divided into several categories, such as transportation costs, inventory costs, warehousing costs, technology costs, and management costs. Each of these costs covers the costs associated with the specific tasks that are performed in the logistics process.
Detailed explanation-2: -It is costing methodology that identifies activities in an organization and assigns the cost of each activity with resources to all products and services according to the actual consumption by each. This model assigns more indirect costs (overhead) into direct costs compared to conventional costing.
Detailed explanation-3: -Logistics can be split into five types by field: procurement logistics, production logistics, sales logistics, recovery logistics, and recycling logistics.