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Project Details
| Department | Economics |
| Type | Project |
| Pages | 68 |
| Reference Style | YES |
| Format | MS Word & PDF |
| Reference No. | ECO0897 |
Abstract
The study and practice of logistics emerged in the I 960s and 1970s. Logistics costs were high. On a national level. it was estimated that logistics cost in the U.S. accounted for 15 percent of the gross national product (Heskett et al.. 1973 ). Similarly. physical distribution costs of other nations were found lo be high as well. For example. in the United Kingdom. they ,,ere 16 percent of sales (Murphy. 1972). in Japan they were 26.5 percent of sales (Kobayashi. I 973 ). in Austrnlia they were 14.1 percent of sales (Stephenson. I 975). and as of I 99 I in China !he) were 24 percenl of GDP (W…
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Full material
₦ 5,000 $(29)
| Pages | 68 |
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