Exam 8: Logistics

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

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A material handling system includes the equipment and procedures that are needed to move items within a facility, between a facility and a transportation mode, and between different transportation modes.

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Plants A, B, C, and D produce the same item that is demanded by customers W, X, Y, and Z. 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 to answer the following question(s). Total Supply A \ 3 \ 6 \ 4 \ 2 22,000 B \ 7 \ 10 \ 8 \ 6 19,000 C \ 10 \ 13 \ 11 \ 9 14,000 D \ 12 \ 15 \ 13 \ 11 15,000 Total Demand 25,000 15,000 18,000 12,000 -Which of these is part of an appropriate objective function?

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Your new Garden Weasel fails to "completely satisfy" you so you decide to return it for a full refund. What is the name of the system that will carry your weasel back to the manufacturer?

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A firm that is interested in consistent on-time delivery may be best to design their transportation and warehousing system to include:

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An optimal design for a reverse logistics system is usually a simple reversal of the forward logistics system.

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

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Which of these statements about inventory management is BEST?

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Plants A, B, C, and D produce the same item that is demanded by customers W, X, Y, and Z. 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 to answer the following question(s). Total Supply A \ 3 \ 6 \ 4 \ 2 22,000 B \ 7 \ 10 \ 8 \ 6 19,000 C \ 10 \ 13 \ 11 \ 9 14,000 D \ 12 \ 15 \ 13 \ 11 15,000 Total Demand 25,000 15,000 18,000 12,000 -What is a suitable constraint?

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A location model that looks at the problem of serving various demand points from multiple supply points at the lowest cost is the ________.

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