Exam 16: Logistics

________ allows shippers to buy all the transportation modes and functional services from a single carrier,instead of going through the pain of choosing different third parties for each service.

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

________ at a named U.S.port of export means that the exporter quotes a price for the goods,including charges for delivery of the goods alongside a vessel at the port.

The first phase in the movement of materials is physical distribution.

________ applies only at a designated inland shipping point; seller is responsible for loading goods into the means of transportation; buyer is responsible for all subsequent expenses.

Air is the mode of transportation with the fastest speed and highest cost.

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 called ________.

The second phase in the movement of materials is ________.

The first phase in the movement of materials is ________.

The transfer of freight among various modes of transportation at sea is known as ________.

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

Of the following,which is the best freight transportation mode?

Of the following,which is NOT true regarding the supply chain and the Internet?

Advances in ________ have been crucial to progress in supply-chain management and supplier coordination.For example,TaylorMade-Adidas' golfing branch-uses supply-chain management and execution software in order to optimize performance.

Shipper's order bills of lading are nonnegotiable.

Vital to a firm's competitive position,the firm's ________ is determined by a location's ease and convenience of market reach under favorable cost circumstances.

With ________,the seller delivers the goods,with import duties paid,including inland transportation from import point to the buyer's premises.

Dependability,or the predictability of the outcome of an action,is called ________.

________ is the capability of a shipper to obtain information about the locations of the shipment at any time.

The forwarding of freight by an ocean carrier is called ________.