Exam 8: Logistics

The net result of the recent renaissance in logistics is that logistics costs are expected to decline.

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

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:

Using the map and annual volumes shown next to each location, what is the BEST location for a central warehouse that can be used to service all of the locations?

Between any two locations, a less-than-truckload shipment probably experiences fewer stops and handling than a direct truck shipment.

The mode of transportation that is highly cost effective for bulky items but has relatively poor delivery reliability and speed and the lowest number of convenient locations is:

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 ________.

Hub and spoke systems are characterized by:

What are the key challenges of implementing a reverse logistics system?

Cargo is loaded and unloaded only once with:

A producer of action figures is in a quandary about where to locate a central warehouse that will serve all of their regional centers for the coming millennium. They have predicted average annual demands for the following locations in the table. Location Demand X-Coordinate Y-Coordinate Gotham City 200 9 8 Metropolis 500 7 5 Central City 800 5 5 Gateway City 600 0 5 Capitol City 150 8 6 Where should they locate their central warehouse?

The ________ mode of transportation is highly cost effective for bulky items but has relatively poor delivery speed and by far the fewest locations.

________ is a form of warehousing in which smaller outgoing shipments are created from large incoming shipments.

In order for the assignment problem method to yield an optimal solution all of the transportation costs in the area must be identical.

In order for the weighted center of gravity method to yield an ideal solution all of the transportation costs in the area must be identical.

All of the participants on the India Immersion study tour were enchanted by the auto rickshaws whizzing smartly around Bangalore. They found a company willing to ship a dozen units to the United States, but had some difficulty locating a(n)________ to handle the customs requirements to actually bring them in the country.

The cost of the donuts for the ISOM department's fall meeting was $73.11 and the delivery and warehousing service was another $26.89, bringing the ________ to an even $100.

Ocho deposited the package neatly on the front porch - it was exactly what Lisa ordered, delivered on time and in the right quantity. Ocho's delivery system has completed a perfect order.

Each of the four production sites ships ten units to each of the four customers. What is the cost of this initial trial shipment plan?

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 question(s). London Paris Milan Athens Total Capacity Vienna \ 19 16 3 8 600 Lucerne 15 17 17 13 500 Bruhl 13 18 18 7 400 Salzburg 16 18 18 7 470 Total Demand 500 450 620 400 -What of these equations would be part of the appropriate objective function?