Which of the following observations about the total cost approach is true?
A. It provides quick results, as it excludes all transportation costs.
B. It focuses on direct costs and doesn't consider the possible costs of lost sales.
C. It limits the use of the tools of cost accounting and economics.
D. It is an effective approach, as it ignores inventory carrying costs.
E. It evaluates each possible physical distribution system and identifies all the costs of each alternative.
Answer: E
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