II. Logistics Value
1. What does lead-time mean? Do we strive to reduce or increase lead-time? Why?
2. How does logistics add value to supply chains?
3. Explain the terms in the value proposition and how you would use the value proposition.
4. What is form utility and what functional department is responsible for this?
5. What is place utility and what functional department is responsible for this?
6. What is time utility and what functional department is responsible for this?
7. What is possession utility and what functional department is responsible for this?
8. What is quantity utility and what functional department is responsible for