Logforum. 2011. 7(3), article 5, 43-48;
EVOLUTION OF THE TOTAL LOGISTICS COSTS CONCEPT
Valery S. Lukinskiy, Vladislav V. Lukinskiy, Tatiana G. Shulzhenko
Saint Petersburg State University, Saint Petersburg, Russia
Abstract:
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.
Keywords: Total Logistics Cost model (TLC), logistics cost, service level, Economic Order Quantity (EOQ) model
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For citation:
MLA | Lukinskiy, Valery S., et al. "Evolution of the total logistics costs concept." Logforum 7.3 (2011): 5. |
APA | Valery S. Lukinskiy, Vladislav V. Lukinskiy, Tatiana G. Shulzhenko (2011). Evolution of the total logistics costs concept. Logforum 7 (3), 5. |
ISO 690 | LUKINSKIY, Valery S., LUKINSKIY, Vladislav V., SHULZHENKO, Tatiana G.. Evolution of the total logistics costs concept. Logforum, 2011, 7.3: 5. |