Question 1

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

Accepted Answer

A) True 
 B)False  True

Question 2

Which of the following international intermediaries helps foreign buyers and sellers find each other and then handles all of the shipping arrangements and documentation preparation?

Accepted Answer

A) ​Customs broker 
B) ​Foreign freight forwarder 
C) ​Trading company 
D) ​NVOCC 
A) ​Customs broker 
B) ​Foreign freight forwarder 
C) ​Trading company 
D) ​NVOCC C

Question 3

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.

Accepted Answer

A) True 
 B)False  True

Question 4

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?​

Accepted Answer

A) ​Consolidation warehouse 
B) ​Private warehouse 
C) ​Breakbulk warehouse 
D) ​Public warehouse 
A) ​Consolidation warehouse 
B) ​Private warehouse 
C) ​Breakbulk warehouse 
D) ​Public warehouse

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

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

Accepted Answer

A) ​High-value shipments 
B) ​Buyer has little transportation expertise 
C) ​Buyer is purchasing a reoccurring order 
D) ​Small shipments 
A) ​High-value shipments 
B) ​Buyer has little transportation expertise 
C) ​Buyer is purchasing a reoccurring order 
D) ​Small shipments

Question 7

While transportation regulation and deregulation both have their supporters,proponents of regulation consider it to be good since it is said to encourage competition and allows the negotiation of prices to dictate market costs.

Accepted Answer

A) True 
 B)False

Question 8

Warehouse Management Systems (WMS)allow firms to find carriers,select the best mix of transportation services and pricing to determine the best use of containers or truck trailers,better manage transportation contracts,track fuel usage and track carrier performance.

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A) ​Market positioned strategy 
B) ​Supply positioned strategy 
C) ​Product positioned strategy 
D) ​Intermediately positioned strategy 
A) ​Market positioned strategy 
B) ​Supply positioned strategy 
C) ​Product positioned strategy 
D) ​Intermediately positioned strategy

Question 10

A transportation intermediary used to consolidate large numbers of small shipments to fill entire truck trailers or rail cars to achieve truckload or carload transportation rates is referred to as:​

Accepted Answer

A) ​Consolidation forwarder 
B) ​Load broker 
C) ​Transportation broker 
D) ​Freight forwarder 
A) ​Consolidation forwarder 
B) ​Load broker 
C) ​Transportation broker 
D) ​Freight forwarder

Question 11

Which of the following was NOT mentioned in the textbook as being one of the more popular logistics management software applications?

Accepted Answer

A) ​Transportation management systems 
B) ​Freight management systems 
C) ​Warehouse management systems 
D) ​Returns management systems 
A) ​Transportation management systems 
B) ​Freight management systems 
C) ​Warehouse management systems 
D) ​Returns management systems

Question 12

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:

Accepted Answer

A) ​Operations 
B) ​Transportation planning 
C) ​Logistics 
D) ​Procurement 
A) ​Operations 
B) ​Transportation planning 
C) ​Logistics 
D) ​Procurement

Question 13

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. )

Accepted Answer

A) ​9000 
B) ​18000 
C) ​20000 
D) ​24500 
A) ​9000 
B) ​18000 
C) ​20000 
D) ​24500

Question 14

Poor logistics management can bring a supply chain to its knees,regardless of the quality of the products.

Accepted Answer

A) True 
 B)False

Question 15

With FOB pricing,a supplier is the legal owner of a product until the product reaches its destination.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is a direct benefit from the adoption of NAFTA?​

Accepted Answer

A) ​A reduction in illegal immigrants crossing the border from Mexico 
B) ​An increase in manufacturing job opportunities in the U.S. 
C) ​An increase in trade between U.S. ,Canada,and Mexico 
D) ​An increase in trade between U.S.and China 
A) ​A reduction in illegal immigrants crossing the border from Mexico 
B) ​An increase in manufacturing job opportunities in the U.S. 
C) ​An increase in trade between U.S. ,Canada,and Mexico 
D) ​An increase in trade between U.S.and China

Question 17

Limitations of air carrier transport include cost and airport accessibility.

Accepted Answer

A) True 
 B)False

Question 18

From a marketing perspective,an effective reverse logistic process can create goodwill and enhance customers' perceptions of product quality.

Accepted Answer

A) True 
 B)False

Question 19

Foreign-trade zones are:

Accepted Answer

A) ​Secure sites within the U.S.where goods and materials can be assembled and exported without being levied domestic duties or excise taxes 
B) ​Secure sites in foreign countries where goods wait for clearance by importing country 
C) ​Markets in the U.S.where foreign countries set up and sell products 
D) ​Bodies of water where cargo ships are allowed to dock to deliver imported goods 
A) ​Secure sites within the U.S.where goods and materials can be assembled and exported without being levied domestic duties or excise taxes 
B) ​Secure sites in foreign countries where goods wait for clearance by importing country 
C) ​Markets in the U.S.where foreign countries set up and sell products 
D) ​Bodies of water where cargo ships are allowed to dock to deliver imported goods

Question 20

While high speed trains in the United States are commonly utilized to provide quick delivery of product,countries like Japan and France are struggling to develop a competitive high-speed rail system.

Accepted Answer

A) True 
 B)False

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

Which of the following international intermediaries helps foreign buyers and sellers find each other and then handles all of the shipping arrangements and documentation preparation?

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.

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?

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

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

While transportation regulation and deregulation both have their supporters,proponents of regulation consider it to be good since it is said to encourage competition and allows the negotiation of prices to dictate market costs.

Warehouse Management Systems (WMS)allow firms to find carriers,select the best mix of transportation services and pricing to determine the best use of containers or truck trailers,better manage transportation contracts,track fuel usage and track carrier performance.

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

A transportation intermediary used to consolidate large numbers of small shipments to fill entire truck trailers or rail cars to achieve truckload or carload transportation rates is referred to as:

Which of the following was NOT mentioned in the textbook as being one of the more popular logistics management software applications?

Poor logistics management can bring a supply chain to its knees,regardless of the quality of the products.

With FOB pricing,a supplier is the legal owner of a product until the product reaches its destination.

Which of the following is a direct benefit from the adoption of NAFTA?

Limitations of air carrier transport include cost and airport accessibility.

From a marketing perspective,an effective reverse logistic process can create goodwill and enhance customers' perceptions of product quality.

Foreign-trade zones are:

While high speed trains in the United States are commonly utilized to provide quick delivery of product,countries like Japan and France are struggling to develop a competitive high-speed rail system.

Introduction to Supply Chain Management

Purchasing Management

Creating and Managing Supplier Relationship

Ethical and Sustainable Sourcing

Demand Forecasting

Resource Planning Systems

Inventory Management

Process Management - Lean and Six Sigma in the Supply Chain

Customer Relationship Management

Global Location Decisions

Service Response Logistics

Supply Chain Process Integration

Performance Measurement Along the Supply Chain

Filters

Exam 9: Domestic Usand Global Logistics

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

Which of the following international intermediaries helps foreign buyers and sellers find each other and then handles all of the shipping arrangements and documentation preparation?

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.

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?​

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

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

While transportation regulation and deregulation both have their supporters,proponents of regulation consider it to be good since it is said to encourage competition and allows the negotiation of prices to dictate market costs.

Warehouse Management Systems (WMS)allow firms to find carriers,select the best mix of transportation services and pricing to determine the best use of containers or truck trailers,better manage transportation contracts,track fuel usage and track carrier performance.

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

A transportation intermediary used to consolidate large numbers of small shipments to fill entire truck trailers or rail cars to achieve truckload or carload transportation rates is referred to as:​

Which of the following was NOT mentioned in the textbook as being one of the more popular logistics management software applications?

Poor logistics management can bring a supply chain to its knees,regardless of the quality of the products.

With FOB pricing,a supplier is the legal owner of a product until the product reaches its destination.

Which of the following is a direct benefit from the adoption of NAFTA?​

Limitations of air carrier transport include cost and airport accessibility.

From a marketing perspective,an effective reverse logistic process can create goodwill and enhance customers' perceptions of product quality.

Foreign-trade zones are:

While high speed trains in the United States are commonly utilized to provide quick delivery of product,countries like Japan and France are struggling to develop a competitive high-speed rail system.

Introduction to Supply Chain Management

Purchasing Management

Creating and Managing Supplier Relationship

Ethical and Sustainable Sourcing

Demand Forecasting

Resource Planning Systems

Inventory Management

Process Management - Lean and Six Sigma in the Supply Chain

Customer Relationship Management

Global Location Decisions

Service Response Logistics

Supply Chain Process Integration

Performance Measurement Along the Supply Chain

Filters

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?

A transportation intermediary used to consolidate large numbers of small shipments to fill entire truck trailers or rail cars to achieve truckload or carload transportation rates is referred to as:

Which of the following is a direct benefit from the adoption of NAFTA?