APICS Certified in Logistics, Transportation and Distribution (CLTD) — Question 111

In the economic utility function of logistics, logistics adds:

Answer options

• A. form and time utilities to products, while other activities add place and possession utilities.
• B. possession and place utilities to products, while other activities add form and possession utilities.
• C. place and time utilities to products, while other activities add form and possession utilities.
• D. possession and form utilities to products, while other activities add time and place utilities.

Correct answer: C

Explanation

The correct answer is C because logistics is responsible for adding place and time utilities, ensuring products are available where and when they are needed. The other options mix up the roles of logistics and other activities, incorrectly attributing utilities that do not align with the logistics function.