Exam 16: Logistics

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Harbor towns or cities where ships may take on or discharge cargo are called ________.

(Short Answer)
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After the terrorist attacks of 2001,companies have had to learn that the pace of international transactions has sped up and that formerly routine steps will now be faster.

(True/False)
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Inventory carrying costs and transportation costs are not a function of the general health of the economy.

(True/False)
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The ________ is a view of logistics based on the notion that materials-flow activities are so complex that they can be considered only in the context of their interaction.

(Short Answer)
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After the terrorist attacks of 2001,companies have had to learn that the pace of international transactions has ________.

(Multiple Choice)
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A decision framework that uses cost as a basis for measurement in order to evaluate and optimize logistical activities is known as the ________.

(Short Answer)
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________ refers to the movement of finished products from suppliers to customers.

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________ is ocean shipping via irregular routes,scheduled only on demand.

(Multiple Choice)
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A corporate effort aimed at customer satisfaction is called ________.

(Short Answer)
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The period between departure and arrival of a carrier is known as ________.

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________ refers to price quotes that apply only to the point of origin; the seller agrees to place the goods at the disposal of the buyer at the specified place on a date or within a fixed period.

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________ refers to the expense of maintaining inventories

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Ocean shipping provided on contract either for individual voyages or for prolonged periods of time is referred to as ________.

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Airlines have made major efforts to increase the volume of airfreight.Of the following,which is NOT one of those major efforts?

(Multiple Choice)
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The ________ is vital to a firm's competitive position; it is determined by a location's ease and convenience of market reach under favorable cost circumstances.

(Short Answer)
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The period between departure and arrival of the carrier is the same for ocean freight and air freight.

(True/False)
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________ refers to materials on hand for use in the production process.

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China is ________ on the list of the top ten U.S.trading partners.

(Multiple Choice)
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Railroads are not always the best mode of transportation.

(True/False)
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In deciding the level of inventory to be maintained,the international manager must consider three factors:

(Multiple Choice)
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