Question 1

Reverse logistics refers to the movement and storage of returned goods.

Accepted Answer

A) True 
 B)False

Question 2

Private warehouses refer to warehouses that are owned by the firm storing the goods.

Accepted Answer

A) True 
 B)False

Question 3

What does the term "Zombie Inventory" refer to?:

Accepted Answer

A) ​Items that show up on the books,but are not on the shelf 
B) ​Product returns that sit unsold in storerooms 
C) ​Unsold products that get packaged and shipped with sold goods 
D) ​Extra items in inventory to help reduce stockouts 
A) ​Items that show up on the books,but are not on the shelf 
B) ​Product returns that sit unsold in storerooms 
C) ​Unsold products that get packaged and shipped with sold goods 
D) ​Extra items in inventory to help reduce stockouts

Question 4

Transportation Management systems enhance their supply chain management effectiveness by:

Accepted Answer

A) ​Managing distribution center capacity 
B) ​Managing the crossdocking process 
C) ​Both A and B 
D) ​None of these 
A) ​Managing distribution center capacity 
B) ​Managing the crossdocking process 
C) ​Both A and B 
D) ​None of these

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

Which of the following legislative acts is NOT in support of transportation deregulation?

Accepted Answer

A) ​Railroad Revitalization and Regulatory Reform Act 
B) ​Staggers Rail Act 
C) ​FAA Authorization Act 
D) ​Reed-Bulwinkle Act 
A) ​Railroad Revitalization and Regulatory Reform Act 
B) ​Staggers Rail Act 
C) ​FAA Authorization Act 
D) ​Reed-Bulwinkle Act

Question 7

Which of the following would be considered an act of deregulation?​

Accepted Answer

A) ​Reed Bullwinkle act - legalized rate bureaus or conferences 
B) ​Granger law - Established maximum rates,prohibited discrimination,and forbade mergers for railroads. 
C) ​Trucking Industry Regulatory Reform Act - Motor carriers freed from filing rates with the Interstate Commerce Commission 
D) ​Freight Forwarders Act - Allowed Interstate Commerce Commission control over freight forwarders;controlled entry,rates,and services. 
A) ​Reed Bullwinkle act - legalized rate bureaus or conferences 
B) ​Granger law - Established maximum rates,prohibited discrimination,and forbade mergers for railroads. 
C) ​Trucking Industry Regulatory Reform Act - Motor carriers freed from filing rates with the Interstate Commerce Commission 
D) ​Freight Forwarders Act - Allowed Interstate Commerce Commission control over freight forwarders;controlled entry,rates,and services.

Question 8

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:

Accepted Answer

A) ​Piggy backing 
B) ​Crossdocking 
C) ​Transshipping 
D) ​Customs Brokering 
A) ​Piggy backing 
B) ​Crossdocking 
C) ​Transshipping 
D) ​Customs Brokering

Question 9

Efficient supply chain management distribution requires that modern warehouses concentrate their efforts on a wide array of warehousing and distribution functions like storing purchases,work in progress inventories,and finished goods inventories,receiving shipments,breaking down shipments,repackaging,and the distribution of components.

Accepted Answer

A) True 
 B)False

Question 10

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.

Accepted Answer

A) True 
 B)False

Question 11

Logistics is what creates the efficient flow of goods between supply chain partners,allowing profits and competitive advantage to be maximized.

Accepted Answer

A) True 
 B)False

Question 12

Logistics affects the supply chain function by:

Accepted Answer

A) ​Determining how deliveries can be made in a timely manner 
B) ​Creating the flow of goods between supply chain partners 
C) ​Providing time and place utility 
D) ​All of these 
A) ​Determining how deliveries can be made in a timely manner 
B) ​Creating the flow of goods between supply chain partners 
C) ​Providing time and place utility 
D) ​All of these

Question 13

Which of the following is NOT consistent with a decentralized warehousing system?​

Accepted Answer

A) ​Higher safety stocks required 
B) ​Shorter lead times 
C) ​Lower transportation fees 
D) ​Lower total operating costs 
A) ​Higher safety stocks required 
B) ​Shorter lead times 
C) ​Lower transportation fees 
D) ​Lower total operating costs

Question 14

Which of the following is similar to a travel agent for cargo since they provide services like documentation completion,special rate handling,and customs clearance,in addition to their consolidating of small shipments to fill entire truckloads?​

Accepted Answer

A) ​Transportation Broker 
B) ​Freight Forwarder 
C) ​Shippers' Association 
D) ​Integrated Logistics Service Provider 
A) ​Transportation Broker 
B) ​Freight Forwarder 
C) ​Shippers' Association 
D) ​Integrated Logistics Service Provider

Question 15

Generally speaking,rail carriers are less expensive than motor carriers.

Accepted Answer

A) True 
 B)False

Question 16

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.

Accepted Answer

A) True 
 B)False

Question 17

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.

Accepted Answer

A) True 
 B)False

Question 18

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?​

Accepted Answer

A) ​Air Carriers 
B) ​Rail Carriers 
C) ​Water Carriers 
D) ​Motor Carriers 
A) ​Air Carriers 
B) ​Rail Carriers 
C) ​Water Carriers 
D) ​Motor Carriers

Question 19

The following are all examples of lean warehousing capabilities EXCEPT:

Accepted Answer

A) ​Decreased assembly operations 
B) ​Greater emphasis on crossdocking 
C) ​Reduced lot sizes and shipping quantities 
D) ​Increased automation 
A) ​Decreased assembly operations 
B) ​Greater emphasis on crossdocking 
C) ​Reduced lot sizes and shipping quantities 
D) ​Increased automation

Question 20

What does LTL stand for in the transportation industry?

Accepted Answer

A) ​Logistical Train-car Lift 
B) ​Less-Than-Truckload 
C) ​Large Truck Leasing 
D) ​Local Train Logistics carriers 
A) ​Logistical Train-car Lift 
B) ​Less-Than-Truckload 
C) ​Large Truck Leasing 
D) ​Local Train Logistics carriers

Reverse logistics refers to the movement and storage of returned goods.

Private warehouses refer to warehouses that are owned by the firm storing the goods.

What does the term "Zombie Inventory" refer to?:

Transportation Management systems enhance their supply chain management effectiveness by:

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 legislative acts is NOT in support of transportation deregulation?

Which of the following would be considered an act of deregulation?

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:

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.

Logistics is what creates the efficient flow of goods between supply chain partners,allowing profits and competitive advantage to be maximized.

Logistics affects the supply chain function by:

Which of the following is NOT consistent with a decentralized warehousing system?

Which of the following is similar to a travel agent for cargo since they provide services like documentation completion,special rate handling,and customs clearance,in addition to their consolidating of small shipments to fill entire truckloads?

Generally speaking,rail carriers are less expensive than motor carriers.

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.

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.

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?

The following are all examples of lean warehousing capabilities EXCEPT:

What does LTL stand for in the transportation industry?

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

Reverse logistics refers to the movement and storage of returned goods.

Private warehouses refer to warehouses that are owned by the firm storing the goods.

What does the term "Zombie Inventory" refer to?:

Transportation Management systems enhance their supply chain management effectiveness by:

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 legislative acts is NOT in support of transportation deregulation?

Which of the following would be considered an act of deregulation?​

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:

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.

Logistics is what creates the efficient flow of goods between supply chain partners,allowing profits and competitive advantage to be maximized.

Logistics affects the supply chain function by:

Which of the following is NOT consistent with a decentralized warehousing system?​

Which of the following is similar to a travel agent for cargo since they provide services like documentation completion,special rate handling,and customs clearance,in addition to their consolidating of small shipments to fill entire truckloads?​

Generally speaking,rail carriers are less expensive than motor carriers.

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.

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.

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?​

The following are all examples of lean warehousing capabilities EXCEPT:

What does LTL stand for in the transportation industry?

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 would be considered an act of deregulation?

Which of the following is NOT consistent with a decentralized warehousing system?

Which of the following is similar to a travel agent for cargo since they provide services like documentation completion,special rate handling,and customs clearance,in addition to their consolidating of small shipments to fill entire truckloads?

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?