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WEEK 9 MULTIPLE CHOICE;(1). The utility that is created by moving goods from surplus points to points where demand exists is;referred to as;(a). Form;(b). Place;(c). Time;(d). Possession.;(2). What activity involves the movement of goods into a warehouse, the placement of goods in a;warehouse, and the movement of goods from storage to order picking areas and eventually to dock;areas for transportation out of the warehouse?;(a). Materials handling;(b). Physical distribution;(c). Business logistics;(d). Order fulfillment.;(3). Logistics decisions about inventory, transportation, and warehouse should relate to which of the;following?;(a). Globalization of business;(b). Changing of government infrastructure;(c). Structural changes in business;(d). Customer service requirements.;(4). The network intermediaries engaged in transfer, storage, handling, and communication is a;(a). Link;(b). Logistics channel;(c). Node;(d). Logistics provider.;(5). Which of the follow is not an example of customer service?;(a). Guaranteeing delivery within specified time periods;(b). Installing the product;(c). Extending the option to sell on consignment;(d). Outsourcing financial and credit terms.;(6). Which are the major modes of international transportation?;(a). Water and air;(b). Water and rail;(c). Rail and motor;(d). Rail and air.;(7). Which condition must be present before motor carriers and rail carriers can be used for international;shipments?;(a). Shipments must be in volume and in bulk;(b). Shipment must be between adjacent countries;(c). No custom barriers can be imposed;(d). Shipment cannot pass through adjacent countries.;(8). Any government unit or authority at any level that owns, operates, or otherwise provides wharf;dock, and other terminal facilities at port locations refers to;(a). Country government;(b). Maritime unit.;(c). Free Trade Zone;(d). Port Authority.;(9). Which one of the following practices is not generally associated with inventory management?;(a). JIT;(b). DRP;(c). MRP;(d). SEC.;(10). What are the two (2) basic warehouse operations?;(a). Movement and order processing;(b). Movement and storage;(c). Storage and inventory control;(d). Purchasing and storage.;(11). Which of the following costs best applies to the use of public warehousing by a firm?;(a). Fixed;(b). Marginal;(c). Variable;(d). Taxable.;(12). Which of the following is not an objective of materials handling?;(a). Increase effective capacity;(b). Improve operating efficiency;(c). Increase heavy labor;(d). Implement effective working conditions.;(13). Which mode of transportation is characteristic of high fixed costs, low variable costs, long transit;times, low accessibility, and capability of transporting only liquid products?;(a). Pipelines;(b). Railroads;(c). Water carriers;(d). Air carriers.;(14). How does containerization change the materials handling function?;(a). From capital intensive to labor intensive;(b). From labor intensive to capital intensive;(c). From an ancillary to a primary function;(d). To a market intensive activity.;(15). Piggyback is an example of which type of transportation?;(a). Intrastate;(b). Interstate;(c). Intermodal;(d). Intercarrier.;(16). Which of the following is an ICC licensed freight intermediary whose propose is to bring shippers;and carriers together?;(a). Shipper?s agent;(b). Freight wholesaler;(c). Broker;(d). Carriage company.;(17). What is an order bill of lading?;(a). Order of goods which a firm issues to a supplier;(b). Same as a freight bill;(c). Negotiable instrument that acts as a certificate of title;(d). Purchase invoice.;(18). Under the term of sale ?F.O.B. Delivered?, who has the responsibility of filing a claim for damage;arising from the shipment?;(a). Buyer;(b). Supplier;(c). Carrier;(d). Demurrage agent.;(19). In an effort to offer a lower rate, carriers will try to;(a). Separate joint and common costs;(b). Reverse the rate taper;(c). Offer a quantity discount;(d). Disregard the weight of the shipment.;(20). The following are all types of 3PLs, except;(a). Transportation based;(b). Warehouse based;(c). Forwarder based;(d). B2B payments.;(21). A firm that manages the resources, capabilities, and technology of its own organization with those;of complimentary service providers to deliver a comprehensive supply chain solution is called a;(a). 3PL;(b). 4PL;(c). 2PL;(d). 1PL.;(22). What type of change may suggest a need to reevaluate and/or redesign a firm?s logistics network?;(a). Change in customer service requirements;(b). Change in corporate ownership;(c). Cost pressures and competitive capabilities;(d). Shifting locations of customer and/or supply markets.;(23). Which of the following is not a trend in today?s logistics environment that may have significant;effects on decisions involving logistics facility location?;(a). Cross-docking;(b). Use of third-party suppliers;(c). Direct, Plant-to-Customer shipments;(d). Decentralized facilities.;(24). Which of the following is not a supply chain decision area regarding ROA improvement?;(a). Channel structure management;(b). Inventory management;(c). Order management;(d). Information management.;(25). A core competency is said to exist if each of three (3) conditions are satisfied. Which of the;following is not one of these three conditions?;(a). Expertise;(b). Strategic fit;(c). Ability to invest;(d). Sustainable advantage.


Paper#20180 | Written in 18-Jul-2015

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