The Language of Logistics

The Language of Logistics

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ton-mile (TM) movement of one ton of freight one mile tonnage physical weight of transported cargo expressed in tons top down forecasting (TDF) faonrde/c oa rs t icnogr pporroactees si nudsi icnagt o hr si g ha s- l etvheel , smt aarct irnog- e cpooni notmfioc r, i pn rdoudsut rcyt forecasting top-down-bottom-up (TDBU) rweictohntchiel inbgotftoormecuapst(sgdraesrsivreodotfsr)om t he t op d ow n (ma cro d own ) total distribution cost (TDC) sum of total transportation cost and total warehousing cost total inventory cost (TIC) tmhaensaugminogfiinnvveennttoorryy carrying costs and the administrative cost of total logistics cost (TLC) st ruamn s op fo ri tnavt ei onnt ocr oy s tc, a ar rnydi nt go t ca ol swt , a troethaol u(si innbgo uc onsdt a( lnods t osuatlbe os ucnods )t (LSC) may or may not be included) total policy cost twhiet hs ua mg i ov ef ni nivnevnetnotroyr yc apror lyi icnygs cpoescti fayni ndgl of isl lt rsaatlee sa nc odsttu(rans sr oa ct ei a) t e d total response cost (TRC) ti nh ve e nttootrayl c (atrrrayni ns pg o, re tt ac t. )i ocno, s t atdomr iensips ot rnadt i ot on , o rr es teur rvne sa chuasntdolmi negr, (sometimes referred to as cost-to-serve) total transportation cost (TTC) sum of inbound and outbound transportation cost