Exam 9: Domestic U.S.and Global Logistics

List and explain three capabilities of lean warehousing.

While transportation regulation and deregulation both have their supporters,proponents of regulation consider it to be good since it is said to encourage competition and allows the negotiation of prices to dictate market costs.

Which of the following international intermediaries helps foreign buyers and sellers find each other and then handles all of the shipping arrangements and documentation preparation?

A transportation intermediary used to consolidate large numbers of small shipments to fill entire truck trailers or rail cars to achieve truckload or carload transportation rates is referred to as:

International Cosmopolitan is a company that sells an enormous amount of fine jewelry worldwide from its headquarters in Paris,France.Presently 10% of their revenues come from sales in the United States.International Cosmopolitan would like to grow the business by about 200% over the next three years.Presently,a majority of their product is kept in a private warehouse in France. While the shipments to United States will always be relatively small in size due to the cost and nature of the product,International Cosmopolitan would still like to take advantage of any possible distribution efficiencies by sending their shipments to a distribution center in United States that can then package their small shipments with other jewelry shipments headed towards common retailers and/or wholesalers.In order to do so they'll need to make accommodations for shipment,find retail and wholesale companies willing to distribute their product,find intermediaries to both help export the product out of France and help import the product into the United States. Based on the above information and your knowledge of international transportation,answer the questions below in the hopes of providing International Cosmopolitan with some preliminary information that will aid them in creating a successful logistical itinerary: •Which modes of transportation should be utilized in getting the product from International Cosmopolitan's warehouse in France to a distribution center in United States? Why? •Which intermediaries should International Cosmopolitan consider in finding customers in United States and exporting the product out of a France? Why? •Which intermediary should International Cosmopolitan consider in helping them import the product into United States? Why? •Briefly discuss their warehousing plan.Does it make sense? Why?

Suppose you have a shipment of products that needs to be transported.What type of service does each of the following intermediaries offer? •Freight forwarders •Transportation brokers •Shippers' Associations

According to the text,FOB destination pricing is typically preferred for all of the following EXCEPT:

What does LTL stand for in the transportation industry?

Which of the following modes of cargo transport can be characterized as being the most inexpensive and very slow,yet good for transporting very heavy goods a long-distance?

Risk pooling is a strategy that attempts to use fewer warehouses to decrease the required safety stock levels since the negatively correlated market demands reduce the overall demand variance across the markets which the centralized warehouse services.

Efficient supply chain management distribution requires that modern warehouses concentrate their efforts on a wide array of warehousing and distribution functions like storing purchases,work in progress inventories,and finished goods inventories,receiving shipments,breaking down shipments,repackaging,and the distribution of components.

In order to provide more comprehensive delivery service,some freight-only airlines have invested in developing their own motor carrier fleets to provide full door to door service delivery.

List the five modes of transportation.For each mode provide a brief description (or examples)of the type of cargo that typically travels via that mode of transport.

What is the abbreviation for a truck trailer which is placed on a flat railcar that would then be pulled by a train engine?

Which of the following is NOT consistent with a decentralized warehousing system?

Which of the following is NOT a characteristic of cost-of-service pricing?

Which of the following was NOT mentioned in the textbook as being one of the more popular logistics management software applications?

Which of the following is similar to a travel agent for cargo since they provide services like documentation completion,special rate handling,and customs clearance,in addition to their consolidating of small shipments to fill entire truckloads?

Generally speaking,rail carriers are less expensive than motor carriers.

Which of the following types of warehouses takes a large number of LTL shipments and repackages them in TL or CL quantities to a manufacturer or user-facility located in another area or region?