The total cost approach to logistics requires a firm understanding of the various logistics activities. Chapter 1 of your Contemporary Logistics textbook provides a brief overview of the various logistics activities. However, since every logistics system is different, not all of these activities may be present in a company, but many of them will. For this activity, identify one of the logistics activities outlined in your textbook and expand on the definition. Provide at least one reference to support your arguments. Your response should be three or more paragraphs