Question 1

Which of the following is not part of the logistics function?

Accepted Answer

A) Transportation of goods 
B) Storage of goods 
C) Customer selection 
D) Managing customer returns 
A) Transportation of goods 
B) Storage of goods 
C) Customer selection 
D) Managing customer returns

Question 2

________ is usually the second largest cost,behind the cost of goods sold that a company will incur.

Accepted Answer

The answer of ________ is usually the second largest cost,behind...

Question 3

At present,a firm has 75,000 units of safety stock located in 25 facilities.They are considering reducing the number of warehouses and consolidating to 16 facilities.What will be the new amount of safety stock inventory if each unit in inventory is valued at $2?

Accepted Answer

A) $45,000 
B) $60,000 
C) $75,000 
D) $120,000 
A) $45,000 
B) $60,000 
C) $75,000 
D) $120,000

Question 4

The mode of transportation which has the lowest variable cost is

Accepted Answer

A) trucks. 
B) rail. 
C) air. 
D) pipeline. 
A) trucks. 
B) rail. 
C) air. 
D) pipeline.

Question 5

A method used to reduce the number of trucks or other carriers needed for shipping when networks of cities are involved in the delivery is known as

Accepted Answer

A) consolidation warehousing. 
B) cross docking. 
C) break bulk facilities. 
D) hub and spoke system. 
A) consolidation warehousing. 
B) cross docking. 
C) break bulk facilities. 
D) hub and spoke system.

Question 6

A trucking company is exploring the cost-to-cost trade-offs given the following information:
Fuel cost (diesel): $3.5 per gallon
Distance to be traveled: 700 miles
Mileage at 70 mph: 5 miles per gallon
Mileage at 60 mph: 6 miles per gallon
Cost of delay if delivery commitment is missed: $75.
What speed should the trucks use?

Accepted Answer

Cost at 70 mph = (700 miles/5 miles per

Question 7

A method used to reduce the number of trucks or other carriers needed for shipping when networks of cities are involved in the delivery is known as ________.

Accepted Answer

hub and sp

Question 8

More economically advanced countries spend ________ as a percentage of GDP on logistics than less economically advanced countries.

Accepted Answer

A) more 
B) less 
C) about the same 
D) None of the above 
A) more 
B) less 
C) about the same 
D) None of the above

Question 9

A method to identify a good location for the placement of a new facility which reduces transportation costs is known as the ________.

Accepted Answer

weighted c

Question 10

The mode of transportation which has the highest fuel economy as measured by number of ton-miles per gallon of fuel is ________.

Accepted Answer

The answer of The mode of transportation which has the...

Question 11

A firm decides to target a 95% service level,realizing that this will require significantly less inventory as compared to a 99% service level.This is an example of a

Accepted Answer

A) cost-to-cost trade-off. 
B) modal trade-off. 
C) cost-to-service trade-off. 
D) None of the above 
A) cost-to-cost trade-off. 
B) modal trade-off. 
C) cost-to-service trade-off. 
D) None of the above

Question 12

Discuss the Last Mile Supply Chain Problem faced by e-commerce companies like Amazon.

Accepted Answer

Providing inexpensive and fast shipping

Question 13

An optimization technique for allocating shipments from sources to destinations is known as the ________.

Accepted Answer

transporta

Question 14

The transportation and storage of goods and materials is called ________.

Accepted Answer

The answer of The transportation and storage of goods and...

Question 15

The mode of transportation within the United States that carries the most weight in terms of tons is

Accepted Answer

A) trucks. 
B) rail. 
C) air. 
D) maritime shipping. 
A) trucks. 
B) rail. 
C) air. 
D) maritime shipping.

Question 16

The threshold service level is the maximum level of service beyond which customer satisfaction starts decreasing.

Accepted Answer

A) True 
 B)False

Question 17

The mode of transportation which has the lowest variable cost is pipeline.

Accepted Answer

A) True 
 B)False

Question 18

The flow of products upstream in the supply chain is known as ________.

Accepted Answer

The answer of The flow of products upstream in the...

Question 19

Logistics deals with planning,implementing and controlling the flow and storage of goods,services and related information.

Accepted Answer

A) True 
 B)False

Question 20

The mode of transportation which has the highest fixed cost is ________.

Accepted Answer

The answer of The mode of transportation which has the...

Which of the following is not part of the logistics function?

________ is usually the second largest cost,behind the cost of goods sold that a company will incur.

At present,a firm has 75,000 units of safety stock located in 25 facilities.They are considering reducing the number of warehouses and consolidating to 16 facilities.What will be the new amount of safety stock inventory if each unit in inventory is valued at $2?

The mode of transportation which has the lowest variable cost is

A method used to reduce the number of trucks or other carriers needed for shipping when networks of cities are involved in the delivery is known as

A method used to reduce the number of trucks or other carriers needed for shipping when networks of cities are involved in the delivery is known as ________.

More economically advanced countries spend ________ as a percentage of GDP on logistics than less economically advanced countries.

A method to identify a good location for the placement of a new facility which reduces transportation costs is known as the ________.

The mode of transportation which has the highest fuel economy as measured by number of ton-miles per gallon of fuel is ________.

A firm decides to target a 95% service level,realizing that this will require significantly less inventory as compared to a 99% service level.This is an example of a

Discuss the Last Mile Supply Chain Problem faced by e-commerce companies like Amazon.

An optimization technique for allocating shipments from sources to destinations is known as the ________.

The transportation and storage of goods and materials is called ________.

The mode of transportation within the United States that carries the most weight in terms of tons is

The threshold service level is the maximum level of service beyond which customer satisfaction starts decreasing.

The mode of transportation which has the lowest variable cost is pipeline.

The flow of products upstream in the supply chain is known as ________.

Logistics deals with planning,implementing and controlling the flow and storage of goods,services and related information.

The mode of transportation which has the highest fixed cost is ________.

Introduction to Supply Chain and Operations Management

Supply Chain and Operations Strategy

Product and Process Design and Mapping

Service Design

Customer Relationship Management

Strategic Sourcing

Supplier Management

Demand Management and Forecasting

Inventory Management Fundamentals and Independent Demand

Sales and Operations Planning and Enterprise Resource Planning

Project Management

Supply Chain Quality Management

Statistical Process Control

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Exam 11: Logistics

Which of the following is not part of the logistics function?

________ is usually the second largest cost,behind the cost of goods sold that a company will incur.

At present,a firm has 75,000 units of safety stock located in 25 facilities.They are considering reducing the number of warehouses and consolidating to 16 facilities.What will be the new amount of safety stock inventory if each unit in inventory is valued at $2?

The mode of transportation which has the lowest variable cost is

A method used to reduce the number of trucks or other carriers needed for shipping when networks of cities are involved in the delivery is known as

A method used to reduce the number of trucks or other carriers needed for shipping when networks of cities are involved in the delivery is known as ________.

More economically advanced countries spend ________ as a percentage of GDP on logistics than less economically advanced countries.

A method to identify a good location for the placement of a new facility which reduces transportation costs is known as the ________.

The mode of transportation which has the highest fuel economy as measured by number of ton-miles per gallon of fuel is ________.

A firm decides to target a 95% service level,realizing that this will require significantly less inventory as compared to a 99% service level.This is an example of a

Discuss the Last Mile Supply Chain Problem faced by e-commerce companies like Amazon.

An optimization technique for allocating shipments from sources to destinations is known as the ________.

The transportation and storage of goods and materials is called ________.

The mode of transportation within the United States that carries the most weight in terms of tons is

The threshold service level is the maximum level of service beyond which customer satisfaction starts decreasing.

The mode of transportation which has the lowest variable cost is pipeline.

The flow of products upstream in the supply chain is known as ________.

Logistics deals with planning,implementing and controlling the flow and storage of goods,services and related information.

The mode of transportation which has the highest fixed cost is ________.

Introduction to Supply Chain and Operations Management

Supply Chain and Operations Strategy

Product and Process Design and Mapping

Service Design

Customer Relationship Management

Strategic Sourcing

Supplier Management

Demand Management and Forecasting

Inventory Management Fundamentals and Independent Demand

Sales and Operations Planning and Enterprise Resource Planning

Project Management

Supply Chain Quality Management

Statistical Process Control

New Section

Filters