Exam 16: Logistics

There are two types of bills:

Liner service,bulk service,and tramp or charter service are types of ________.

A(n)________ occurs when companies consider the entire supply chain to be a single organization that needs to be managed for purposes of both efficiency and effectiveness.

Mexican border plants,with lower labor costs,that make goods and parts or process food for export back to the United States are called ________.

Under ________ to a named overseas port of import,the seller quotes a price for the goods,including the cost of transportation to the named port of debarkation.

A system responding to the need for product returns that ensures a firm can retrieve a product from the market for subsequent use,recycling,or disposal is known as ________.

Toys For Tots Company set a customer service goal to fill all customer orders in three days,making their customer service level 100 percent.However,within the same three days,only 70 percent of the orders were filled.The customer service level of Toys For Tots is at ________ percent.

The acceptance of e-commerce is uniform; it is widely accepted internationally.

Prices quoted in ________ apply only at the point of origin,and the seller agrees to place the goods at the disposal of the buyer at the specified place on the date or within the fixed period.

________ refers to materials scheduled to arrive precisely when they are needed on a production line.

Non-perishable products require longer transit times.

Transportation issues can be divided into three components.List and briefly describe each of these three components.

The purpose of establishing inventory systems is different for domestic and international operations.

The ________ addresses how many distribution centers to have and where to locate them.

A(n)________ is a contract between an exporter and a carrier indicating that the carrier has accepted responsibility for the goods and will provide transportation in return for payment.

________ specialize in handling international transportation by contracting with carriers on behalf of shippers.

Of the following modes of transportation,which is the LEAST dependable?

With ________ to a named overseas port of import,the seller quotes a price including insurance,all transportation,and miscellaneous charges to the point of debarkation from the vessel.

Areas created by a country to attract foreign investors,in which there are no tariffs,substantial tax incentives,and low prices for land and labor are called ________.

The capability of a shipper to obtain information about the location of the shipment at any time is known as ________.