4.2.1. Measures based on cost
f Cost minimization: The most widely used objective.
Cost is typically minimized for an entire
supply chain (total cost), or is minimized for
particular business units or stages.
f Sales maximization [36]: Maximize the amount
of sales dollars or units sold.
f Profit maximization: Maximize revenues less
costs.
f Inventory investment minimization [18]: Minimize
the amount of inventory costs (including
product costs and holding costs).
f Return on investment maximization [33]: Maximize
the ratio of net profit to capital that was
employed to produce that profit.