Asked by
Monique Montion
on Dec 02, 2024Verified
Generally speaking, truck, pipeline, and air modes are used for high-value products, while water and rail modes are used for low-value products.
High-value Products
Goods or services that provide significant value to the customer, often due to their quality, uniqueness, or customization.
Low-value Products
Goods characterized by relatively low unit cost and often perceived as having lower importance or priority in inventory management and logistics planning.
- Understand the relationship between product value and transportation mode selection.
Verified Answer
KM
Learning Objectives
- Understand the relationship between product value and transportation mode selection.