In discussing the formulation of a logistical strategy, authors of your Supply Chain Logistics Management text speak of a four-step process:Determining a least-total-cost-network.

In discussing the formulation of a logistical strategy, authors of your Supply Chain Logistics Management text speak of a four-step process:

1. Determining a least-total-cost-network.
2. Measuring service availability and capability associated with the least-total-cost-system design.
3. Conducting sensitivity analysis related to incremental service and cost directly with revenue generation.
4. Finalizing the plan. (Bowersox, Closs, & Cooper, 2013, p. 302)

Apply this process to the development of a supply chain for a consumer product.