Question

Diffremce between total cost concept and total system concept

Answer 1

Answer:

no-no know n ans

Explanation:

OK OK so so sorry

Answer 2

The difference is stated below:

Explanation:

Difference among the concept of total cost and the concept of total system is as:

Concept of total cost

• The concept of the total cost acknowledged or recognizes that the optimum cost in a single or one area or a function, that might not lead to an optimum total system cost.
• It requires or needed the management of supply chain for trade off.

Concept of total system

• Under this concept, the complex as well as extension of materials flow activities within an outside of the organization or firm need to be considered in the context of their interaction.
• It helps in minimizing the overall cost of logistics through identifying the activity grounded costs, which have a impact after the tax profits.

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