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Question 5 (Marks: 15) Utility refers to the satisfaction derived from the use or consumption of a product or service (Horn 2020). Logisticians differentiate between

Question 5 (Marks: 15) Utility refers to the satisfaction derived from the use or consumption of a product or service (Horn 2020). Logisticians differentiate between four main types of utility. You are required to identify, explain and provide an original example for any three of the four types of utility in supply chain management.

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