Exam 8: Logistics

The printer manufacturer shipped all finished goods to a centrally located warehouse just down the street from an international airport.When orders came in from one country,workers at the warehouse added instruction manuals in that language and included a power supply that fit the appropriate electrical distribution system.This is an example of ________.

It looked like a scene right out of the Transformers series,albeit in a far more functional format.With the push of a button the rail car's wheels folded up into the body of the car and wheels suitable for highway transportation appeared out of nowhere.The whole process took only a minute or so and the ________ was ready to deliver steaming burritos to the growing crowd at the center of town.

Which of these statements about reverse logistics is BEST?

The assignment model assumes that:

Last year the Monroe Logistics Company reported 40,000 damaged deliveries,18,000 deliveries to the wrong address,15,000 late deliveries,1,200 deliveries billed incorrectly,and 127,000 deliveries handled properly.Assuming no delivery had more than one error,Monroe's percent perfect order is:

The landlord's favorite place to buy shrimp in New Orleans was the Cajun Seafood market on Claiborne and he did not hesitate to stock up on shrimp when he dropped by the shotgun double house he bought as an investment a few years ago.Sadly,it was 685 miles one way to visit the property and even though gas was available at $1.88 per gallon and the car achieved 25 miles per gallon,it was an expensive and lengthy trip.The cheapest plane tickets that were routinely available cost $199 round trip,but occasionally there was a super sale where the price dropped lower than that.He always packed a cooler with $12 worth of ice regardless of how much shrimp he actually bought.The shrimp were a bargain at $7.99 per pound for jumbos and he always tried to fit 35 pounds of the crustaceans in the cooler.What is the price of round trip airfare that would make the landed cost of a pound of shrimp the same for both driving and flying and what is that landed cost?

The difference between a contract carrier and a common carrier is that the common carrier handles shipments on a case-by-case basis while the contract carrier handles shipments based on long-term contracts.

What are the three main categories of logistics information systems? What function does each serve?

Plants in Vienna, Lucerne, Bruhl, and Salzburg produce the same item that is demanded by customers in London, Paris, Milan, and Athens. Customer demand and plant capacity are shown in the bottom row and rightmost column in the table. The cost to ship one unit between each combination of plants and customers is also shown in the table. The corporation wishes to minimize the total transportation costs of this assignment problem. Use this tidy table to answer the following questions. -Refer to the scenario above.Formulate an appropriate objective function and constraints to model this as an assignment problem.

Cargo is loaded and unloaded only once with:

The complicated gift basket was delivered exactly as it was designed and in plenty of time to be enjoyed during seasonal celebrations.From a logistics performance standpoint,the product could be considered a(n)________.

Assortment warehousing is a form of warehousing that combines classic operations with light manufacturing and packaging duties in order to assure short customer lead times.

Compare any four transportation modes by volume of goods moved in the United States and apparent strengths and weaknesses.

Plants A,B,C,and D produce the same item that is demanded by customers W,X,Y,and Z in the amounts shown in the table.The cost to ship one unit between each combination of plants and customers is also shown in the table.The corporation wishes to minimize the total transportation costs of this assignment problem. What are the decision variables? What is the objective function? What are the constraints?

Plants in Vienna, Lucerne, Bruhl, and Salzburg produce the same item that is demanded by customers in London, Paris, Milan, and Athens. Customer demand and plant capacity are shown in the bottom row and rightmost column in the table. The cost to ship one unit between each combination of plants and customers is also shown in the table. The corporation wishes to minimize the total transportation costs of this assignment problem. Use the table below to answer the following questions. -Refer to the scenario above.What is a suitable constraint?

Acme wants to locate a warehouse to serve their major customers that are shown in the table.What is the location that will minimize the transportation costs for their family of products?

The landlord's favorite place to buy shrimp in New Orleans was the Cajun Seafood market on Claiborne and he did not hesitate to stock up on shrimp when he dropped by the shotgun double house he bought as an investment a few years ago.Sadly,it was 685 miles one way to visit the property and even though gas was available at $1.88 per gallon and the car achieved 25 miles per gallon,it was an expensive and lengthy trip.Therefore he bought the cheapest plane tickets he could muster at $299 round trip and packed a cooler with $12 worth of ice.The shrimp were a bargain at $7.99 per pound for jumbos and he always tried to fit 35 pounds of the crustaceans in the cooler.What is the landed cost of a pound of shrimp?

The ________ mode of transportation is highly cost effective for bulky items but has relatively poor delivery speed.

Packaging is a logistics activity.

The transportation mode with the highest dollar value of freight in the United States is: