Exam 9: Domestic U.S.and Global Logistics

In many cases, reverse logistics is viewed as an unwanted activity of supply chain management.

Answer the following concerning deregulation in the transportation industry. a.List the benefits of deregulation in the transportation industry b.List the disadvantages of deregulation in the transportation industry c.Give an example of when deregulation led to disastrous consequences

Returns management is also known as _______.

When mistakes occur in the supply chain, which of the following things might happen?

Third-party logistics (3PL) services cannot assist with customs clearance because of strict regulations.

Limitations of air carrier transport include cost and airport accessibility.

The responsibility of transportation is to create both time utility and place utility, which means that products will be delivered at the right time to the desired location.

Generally speaking, motor carriers are less expensive than rail carriers to haul goods.

What type of firm would be most interested in using a third-party logistics service?

For integrated supply chains, logistics is considered:

Con-way Multimodal and BNSF Logistics are both considered third-party logistics providers.

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

Air Carriers compete most favorably when the distance is long and the shipments are heavy or bulky. .

______________ creates the efficient flow of goods between supply chain partners, allowing profits and competitive advantage to be maximized.

Which of the following would be considered an act of deregulation?

Transportation, warehousing, marketing, and customer service play very significant roles in the logistics function.

Reverse logistics refers to the movement and storage of returned goods.

A current warehouse system has five warehouses with 4,000 units at each warehouse.The company desires to change to three warehouses to become more centralized and keep the same customer service levels.Determine the average warehouse inventory levels, using the square root rule.(Choose the closest answer.)

The acts of receiving shipments, breaking down shipments, repackaging shipments, and distributing components to a manufacturing location or finished products to customers by a distribution center is referred to as:

As a logistics specialist for your organization you are being asked to develop a model, which will aid your company in future global expansion projects. Answer the following questions as part of your initial step in developing a helpful model. a.List 5 key components of the local infrastructure that must be investigated before committing to expansion? Why are these important? b.Provide 4 aspects of government relating to logistics that need to be considered before committing to expansion?