Question 1

The total cost structure of _____ is similar to _____ as the equipment, rights-of-way, and physical structure have a high fixed cost and a low variable operating cost.

Accepted Answer

A) motor carriers….air carriers 
B) motor carriers….pipelines​ 
C) water carriers….rail carriers 
D) pipelines….rail carriers​ 
E) Cannot determine from the above information. 
A) motor carriers….air carriers 
B) motor carriers….pipelines​ 
C) water carriers….rail carriers 
D) pipelines….rail carriers​ 
E) Cannot determine from the above information.

Question 2

Carriers will generally not consider the availability of backhauls when quoting one-way freight rates on a particular traffic lane.

Accepted Answer

A) True 
 B)False

Question 3

Full-service providers, in addition to picking up and delivering goods, may consolidate shipments, provide simplified billing, ship just-in-time from local storage points, handle complex overseas shipments, coordinate shipments with other carriers or modes, or configure final products for direct shipment to end customers.

Accepted Answer

A) True 
 B)False

Question 4

A/An _____ system provides status alerts, via e-mail, fax, pager, and so on, to a buyer (consignee) or supplier (shipper) that a particular shipment has been delayed and whether this may affect other entities in the supply chain.

Accepted Answer

A) event-based 
B) MRP 
C) ERP 
D) DRP 
E) None of these answers. 
A) event-based 
B) MRP 
C) ERP 
D) DRP 
E) None of these answers.

Question 5

Which of the following is not a disadvantage of using a 3PL?​

Accepted Answer

A) Relinquish control, ownership, and expertise. 
B) Loss of integration between sales and supply. 
C) Loss of dedicated in-house managed staff 
D) Concentrate on core business activities. 
E) Sacrifice key business service differentiation. 
A) Relinquish control, ownership, and expertise. 
B) Loss of integration between sales and supply. 
C) Loss of dedicated in-house managed staff 
D) Concentrate on core business activities. 
E) Sacrifice key business service differentiation.

Question 6

Which of the following is not one of the common examples of indirect spend?​

Accepted Answer

A) Professional and consulting services. 
B) Employee benefits. 
C) Travel. 
D) Maintenance, repair, and operating supplies. 
E) Production components. 
A) Professional and consulting services. 
B) Employee benefits. 
C) Travel. 
D) Maintenance, repair, and operating supplies. 
E) Production components.

Question 7

Which of the following is not one of the advantages of air carrier over other modes of transportation?

Accepted Answer

A) Quick and reliable. 
B) Good for light/small, high-value shipments. 
C) Good for expediting/emergency situations. 
D) Low cost. 
E) None of these answers. 
A) Quick and reliable. 
B) Good for light/small, high-value shipments. 
C) Good for expediting/emergency situations. 
D) Low cost. 
E) None of these answers.

Question 8

Which of the following is not one of the disadvantages of water carrier over other modes of transportation?

Accepted Answer

A) Limited flexibility. 
B) Seasonal availability. 
C) Very long lead times. 
D) Poor reliability. 
E) Cannot be used for large volumes. 
A) Limited flexibility. 
B) Seasonal availability. 
C) Very long lead times. 
D) Poor reliability. 
E) Cannot be used for large volumes.

Question 9

The primary objective of economic deregulation in the United States was to make its domestic transportation systems more efficient by increasing marketplace competition within the transportation and logistics industry and increasing economic regulation.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is not one of the advantages of rail carrier over other modes of transportation?

Accepted Answer

A) Lower cost. 
B) Good for expediting/emergency situations. 
C) Can handle a wide range of items. 
D) Piggyback service can increase flexibility. 
E) Direct between major cities. 
A) Lower cost. 
B) Good for expediting/emergency situations. 
C) Can handle a wide range of items. 
D) Piggyback service can increase flexibility. 
E) Direct between major cities.

Question 11

A/An _____ is a manufacturer or distributor that controls and manages its own transportation equipment, whether owned or leased.

Accepted Answer

A) common carrier 
B) private carrier 
C) contract carrier 
D) intermodal carrier 
E) exempt carrier​ 
A) common carrier 
B) private carrier 
C) contract carrier 
D) intermodal carrier 
E) exempt carrier​

Question 12

The use of 3PLs is increasingly becoming a viable option for smaller shippers and infrequent shipments

Accepted Answer

A) True 
 B)False

Question 13

By law, a/an _____ must serve the general public without discrimination based on published rates for specific goods.

Accepted Answer

A) contract carrier​ 
B) private carrier 
C) common carrier 
D) motor carrier​ 
E) intermodal carrier 
A) contract carrier​ 
B) private carrier 
C) common carrier 
D) motor carrier​ 
E) intermodal carrier

Question 14

Suppliers of multiple indirect items can often have multiple ship-to and bill-to addresses, resulting in multiple codes being assigned to the same supplier for the same item.

Accepted Answer

A) True 
 B)False

Question 15

The presence of _____ ensures a supply of available transportation in markets where only one-way traffic exists.

Accepted Answer

A) exempt carriers 
B) one-way carriers 
C) common carriers 
D) motor carriers 
E) All of these answers. 
A) exempt carriers 
B) one-way carriers 
C) common carriers 
D) motor carriers 
E) All of these answers.

Question 16

Inbound logistics may also include the shipment of repairable items back to maintenance facilities for refurbishment and return to usable or salable condition.

Accepted Answer

A) True 
 B)False

Question 17

The use of a pipeline is usually part of the decision tradeoff between transportation modes.

Accepted Answer

A) True 
 B)False

Question 18

An apparently low-cost carrier may actually end up costing far more than a seemingly higher-cost carrier when all associated costs are calculated.

Accepted Answer

A) True 
 B)False

Question 19

_____ refers to the accuracy and on-time consistency of the transportation service, arriving neither late nor early.

Accepted Answer

A) Reliability 
B) Capability 
C) Accessibility 
D) Total cost 
E) Speed 
A) Reliability 
B) Capability 
C) Accessibility 
D) Total cost 
E) Speed

Question 20

A clear trend is that many carriers now market themselves simply as providers of physical transportation services.

Accepted Answer

A) True 
 B)False

The total cost structure of _ is similar to _ as the equipment, rights-of-way, and physical structure have a high fixed cost and a low variable operating cost.

Carriers will generally not consider the availability of backhauls when quoting one-way freight rates on a particular traffic lane.

A/An _____ system provides status alerts, via e-mail, fax, pager, and so on, to a buyer (consignee) or supplier (shipper) that a particular shipment has been delayed and whether this may affect other entities in the supply chain.

Which of the following is not a disadvantage of using a 3PL?

Which of the following is not one of the common examples of indirect spend?

Which of the following is not one of the advantages of air carrier over other modes of transportation?

Which of the following is not one of the disadvantages of water carrier over other modes of transportation?

The primary objective of economic deregulation in the United States was to make its domestic transportation systems more efficient by increasing marketplace competition within the transportation and logistics industry and increasing economic regulation.

Which of the following is not one of the advantages of rail carrier over other modes of transportation?

A/An _____ is a manufacturer or distributor that controls and manages its own transportation equipment, whether owned or leased.

The use of 3PLs is increasingly becoming a viable option for smaller shippers and infrequent shipments

By law, a/an _____ must serve the general public without discrimination based on published rates for specific goods.

Suppliers of multiple indirect items can often have multiple ship-to and bill-to addresses, resulting in multiple codes being assigned to the same supplier for the same item.

The presence of _____ ensures a supply of available transportation in markets where only one-way traffic exists.

Inbound logistics may also include the shipment of repairable items back to maintenance facilities for refurbishment and return to usable or salable condition.

The use of a pipeline is usually part of the decision tradeoff between transportation modes.

An apparently low-cost carrier may actually end up costing far more than a seemingly higher-cost carrier when all associated costs are calculated.

_____ refers to the accuracy and on-time consistency of the transportation service, arriving neither late nor early.

A clear trend is that many carriers now market themselves simply as providers of physical transportation services.

Introduction to Purchasing and Supply Chain Management

The Purchasing Process

Purchasing Policies and Procedures

Supply Management Integration for Competitive Advantage

Purchasing and Supply Management Organization

Supply Management and Commodity Strategy Development

Supplier Evaluation and Selection

Supplier Quality Management

Supplier Management and Development: Creating a World-Class Supply Base

Worldwide Sourcing

Strategic Cost Management

Purchasing and Supply Chain Analysis: Tools and Techniques

Negotiation and Conflict Management

Contract Management

Purchasing Law and Ethics

Lean Supply Chain Management

Supply Chain Information Systems and Electronic Sourcing

Performance Measurement and Evaluation

Purchasing and Supply Strategy Trends

Filters

Exam 17: Purchasing Services

The total cost structure of _____ is similar to _____ as the equipment, rights-of-way, and physical structure have a high fixed cost and a low variable operating cost.

Carriers will generally not consider the availability of backhauls when quoting one-way freight rates on a particular traffic lane.

A/An _____ system provides status alerts, via e-mail, fax, pager, and so on, to a buyer (consignee) or supplier (shipper) that a particular shipment has been delayed and whether this may affect other entities in the supply chain.

Which of the following is not a disadvantage of using a 3PL?​

Which of the following is not one of the common examples of indirect spend?​

Which of the following is not one of the advantages of air carrier over other modes of transportation?

Which of the following is not one of the disadvantages of water carrier over other modes of transportation?

The primary objective of economic deregulation in the United States was to make its domestic transportation systems more efficient by increasing marketplace competition within the transportation and logistics industry and increasing economic regulation.

Which of the following is not one of the advantages of rail carrier over other modes of transportation?

A/An _____ is a manufacturer or distributor that controls and manages its own transportation equipment, whether owned or leased.

The use of 3PLs is increasingly becoming a viable option for smaller shippers and infrequent shipments

By law, a/an _____ must serve the general public without discrimination based on published rates for specific goods.

Suppliers of multiple indirect items can often have multiple ship-to and bill-to addresses, resulting in multiple codes being assigned to the same supplier for the same item.

The presence of _____ ensures a supply of available transportation in markets where only one-way traffic exists.

Inbound logistics may also include the shipment of repairable items back to maintenance facilities for refurbishment and return to usable or salable condition.

The use of a pipeline is usually part of the decision tradeoff between transportation modes.

An apparently low-cost carrier may actually end up costing far more than a seemingly higher-cost carrier when all associated costs are calculated.

_____ refers to the accuracy and on-time consistency of the transportation service, arriving neither late nor early.

A clear trend is that many carriers now market themselves simply as providers of physical transportation services.

Introduction to Purchasing and Supply Chain Management

The Purchasing Process

Purchasing Policies and Procedures

Supply Management Integration for Competitive Advantage

Purchasing and Supply Management Organization

Supply Management and Commodity Strategy Development

Supplier Evaluation and Selection

Supplier Quality Management

Supplier Management and Development: Creating a World-Class Supply Base

Worldwide Sourcing

Strategic Cost Management

Purchasing and Supply Chain Analysis: Tools and Techniques

Negotiation and Conflict Management

Contract Management

Purchasing Law and Ethics

Lean Supply Chain Management

Supply Chain Information Systems and Electronic Sourcing

Performance Measurement and Evaluation

Purchasing and Supply Strategy Trends

Filters

The total cost structure of _ is similar to _ as the equipment, rights-of-way, and physical structure have a high fixed cost and a low variable operating cost.

Which of the following is not a disadvantage of using a 3PL?

Which of the following is not one of the common examples of indirect spend?