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1. Why is it important for a firm to periodically review its logistics

network design? How do firm's requirements for its logistic network change over time?
2. Within the organization, who is involved in a logistics network design project (operations, sales, marketing, etc.)? How?
3. Discuss some specific items that make up the handling costs, fixed costs, and storage costs associated with a warehouse.
4. What is the difference between using an exact optimization technique and a heuristic to solve a problem?
5. What is simulation and how does it help solve difficult logistics problems?

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1.Why is it important for a firm to periodically review its logistics network design?How do firm's requirements for its logistic network change over
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