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Please respond in approximately 250 words for each question. No APA format needed. Just type in the answers for each question I will do the formatting.

1. Distinguish between possession, form, time, and place utility. How does logistics contribute to time and place utility?

o Explain how big-box retailers are logistical trend setters. Chose one big-box retailer you are familiar with and explain why.

o Discuss the importance of timely and accurate information to a logistics information system. What could possibly happen if the data is incorrect and outdated?

o What is RFID? What are some of the benefits of implementing RFID? Why are some companies hesitant to adopt RFID technology?

o Discuss reasons why products might be returned. What questions should be asked after a returned item has been counted and recorded?

o Explain why piracy attacks on ships are a potentially serious issue for today's logistics manager. How can logistics managers attempt to control pilferage?

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