Exam 9: Domestic Usand Global Logistics

The acts of receiving shipments,breaking down shipments,repackaging shipments,and distributing components to a manufacturing location or finished products to customers by a distribution center is referred to as:

Does risk pooling favor a centralized or decentralized warehousing system? Why?​

According to the text,a warehouse location strategy that proposes locating a warehouse closest to the sources of supply is referred to as:

International intermediaries can provide shipping,consolidation,and other import and export services.Some examples of these international intermediaries include: NVOCCs and trading companies.​

Which of the following types of warehouses takes a large number of LTL shipments and repackages them in TL or CL quantities to a manufacturer or user-facility located in another area or region?​

Some of the e-commerce related services that transportation companies offer nowadays to remain competitive include allowing customers to plan itineraries,get freight quotes,and track shipments online.

List and explain three capabilities of lean warehousing.​

It is argued that transportation deregulation is good because:

A small LTL shipment that originates on a truck in Los Angeles and is moved from Los Angeles to Phoenix where it is unloaded and put onto another truck for final shipment to Denver would be considered an intermodal shipment since it utilizes more than one vehicle during shipment.

The first major transportation regulation in the U.S.was which of the following:

The process of planning,implementing,and controlling procedures for the efficient and effective transportation and storage of goods including services,and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirementsis also referred to as:

Risk pooling is a strategy that attempts to use fewer warehouses to decrease the required safety stock levels since the negatively correlated market demands reduce the overall demand variance across the markets which the centralized warehouse services.​

According to the text,FOB destination pricing is typically preferred for all of the following EXCEPT:

A furniture manufacturer presently owns a total of four warehouses in the following cities Sacramento,Phoenix,Cincinnati,and Atlanta.The average inventory levels for the four warehouses are 8000 units,10,000 units,10,000 units,and 8000 units,respectively.They plan on moving all of their inventory to one warehouse in Memphis.Using the square root rule,what will be the required average inventory level at the new central Memphis warehouse required to maintain the system's present customer service level? (Choose the closest answer.)

BNSF Logistics and Con-way are both considered third-party logistics providers.

According to the textbook,the five basic modes of transportation are motor,rail,air,water,and cyberspace.

Which of the following modes of cargo transport can be characterized as being the most inexpensive and very slow,yet good for transporting very heavy goods a long-distance?​

Limitations of air carrier transport include cost and airport accessibility.

As a logistics specialist for your organization you are being asked to develop a model,which will aid your company in future global expansion projects.​Answer the following questions as part of your initial step in developing a helpful model. a.List 5 key components of the local infrastructure that must be investigated before committing to expansion? Why are these important? b.Provide 4 aspects of government relating to logistics that need to be considered before committing to expansion?

The responsibility of transportation is to create both time utility and place utility,which means that products will be delivered at precisely the right time to the desired location.​