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EVOLUTION OF THE TOTAL LOGISTICS COSTS CONCEPT

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Lukinskiy Valery S., Lukinskiy Vladislav V., Shulzhenko T. G.
LogForum
|
2011
|
vol. 7
|
issue 3
EN
The article considers the evolution stages of the total logistics cost concept; an interrelations of TLC and EOQ models has been analyzed. The author presented analytical approaches to determine a value of total cost, as well as an integral criterion for logistics systems' functioning, based upon package treatment of the total costs value and service level.
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