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What does ‘Quantity Utility’ refer to in the context of transportation? Group of answer choices Quantity...

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Economics

What does ‘Quantity Utility’ refer to in the context of transportation? Group of answer choices Quantity Utility refers to the assurance that goods will arrive without damage in the right quantity. This utility has increased in importance in recent years with the high level of importance placed on minimizing safety stock inventories for both shippers and receivers. Quantity Utility refers to the phenomenon where the reduction in transportation cost is greater for longer distances than for short ones due to fixed charges Quantity Utility refers to the phenomenon where the demand for a particular commodity may only exist during certain periods of time. Quantity Utility refers to the additional value a commodity gains due to the reduction in transportation costs.

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