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The "Pareto Principle" is: A. Unique to logistical performance measurement B. A concept developed in manufacturing to integrate logistics and procurement C. Used in logistics to develop fine line inventory classification D. Seldom the result of logistics system design
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The "Pareto Principle" is used in logistics to develop fine line inventory classification.
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Asked 5/12/2013 4:42:43 PM
Updated 2/10/2014 5:03:02 AM
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The "Pareto Principle" is used in logistics to develop fine line inventory classification.

Added 2/10/2014 5:03:02 AM
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Questions asked by the same visitor
Geographic postponement is directly linked to dependable delivery true or false
Question
Updated 7/21/2016 12:10:15 AM
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Geographic postponement is directly linked to dependable delivery. TRUE.
Added 7/21/2016 12:10:15 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [7/21/2016 5:14:18 PM]
The primary reason that total logistics cost has reduced as a percentage of GDP is: A. Nominal GDP has increased B. Transportation has decreased as a percent of total cost C. Inventory has decreased as a percent of total cost D. Inventory has increased as a percent of total cost
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Updated 4/3/2018 3:07:59 PM
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The primary reason that total logistics cost has reduced as a percentage of GDP is Inventory has decreased as a percent of total cost.
Added 4/3/2018 3:07:59 PM
This answer has been confirmed as correct and helpful.
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