Exam 8: Logistics

The most detailed level of a logistics information system is the execution system.

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.

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 trip. He packed a cooler with $12 worth of ice regardless of the quantity of shrimp he bought to bring home. 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 Hurricane Fur Wizards that sold two for $19.99 in July began to make their way back to the supplier in late August thanks to numerous design flaws and some rather spectacular headlines. Which of these statements is most likely true?

An ideal method for locating the site for a centralized distribution center might be ________ if the volumes and costs for the spokes are known.

A reverse logistics system handles repairs, recycling, returns and remanufacturing.

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

One form of warehousing that features light manufacturing and packaging duties and allows firms to put off final assembly or packaging until the last possible moment is:

The online tracking systems offered by overnight carriers are examples of logistics information systems known as ________.

In the United States, the value of goods transported via highway is greater than the value of goods transported by all other transportation modes.

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? Customer Annual Volume X-Coordinate Y-Coordinate Coyote, LLC 25 3 7 Destry 13 5 2 Kingston Inc. 6 8 4 Ed Wood Productions 4 1 5

The Times-Picayune is searching for an ideal spotting station for the morning paper. Neighborhoods, their location on an XY grid of the city, and morning volume are shown in the table. What is the location that will minimize the transportation costs for the newspaper? Customer Annual Volume X-Coordinate Y-Coordinate Florida 7 3 7 Desire 39 7 5 Lafitte 245 1 3 Iberville 116 2 5 Guste 55 1 6 CJ Peete 284 1 4

A(n)________ can handle shipments on an as-needed basis with no long-term contract required.

What is multimodal transportation and why is it an attractive option?

What percent of North American gross domestic product from way back in 2012 was accounted for by logistics?

Packaging is a logistics activity.

The fireworks that were produced year-round in South Africa were sent to warehouses around the United States during the months of May and June in anticipation of large demand for the July 4th holiday. The warehousing system that is BEST suited to handle this situation is a(n):

Which of these is NOT a logistics activity?

Roadrailers are considered a multimodal solution when they switch from rail to ground transportation faster than you can say "Optimus Prime."

Universal Exports has several crates it needs to send from the United Kingdom to North Korea. They have located a firm that specializes in transferring cargo to the actual carrier that will bring the crates into North Korea. This firm could be described as: