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DeVry BSOP434 Final Exam

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Question 1. 1.(TCO 10) The most recent development in the supervision of trucks and their drivers involves: (Points: 5);cooperation among various law enforcement agencies.;tachographs.;digital cameras positioned at various locations along interstate and primary highways.;global satellites.;Question 2. 2.(TCO 10) One problem with a _____ logistics structure is that, because logistics activities are scattered throughout the firm, they likely remain subservient to the objectives of the department in which they are housed. (Points: 5);matrix;fragmented;decentralized;unified;hierarchical;Question 3. 3.(TCO 3) Transportation attributes include which of the following factors? (Points: 5);Reliability;Capability;Flexibility;Speed;All of the above;Question 4. 4.(TCO 3) A transportation manager who purchases a pre specified level of transportation services, regardless of the mode and/or carrier providing the transportation services, is known as a(n): (Points: 5);amodal shipper.;logistics manager.;modal shipper.;transportation manager.;None of the above;Question 5. 5.(TCO 2) All of the following terms have been used to refer to business logistics except: (Points: 5);business logistics.;industrial distribution.;logistics management.;All of the above are correct.;Question 6. 6.(TCO 2) Which of the following is not a key attribute of supply-chain management? (Points: 5);Inventory control;Leveraging technology;Customer power;All are key attributes.;Question 7. 7.(TCO 1) The EOQ determines: (Points: 5);the point at which a company should reorder.;the point at which carrying costs equal ordering costs.;the point at which the sum of carrying costs and ordering costs is maximized.;the relevant inventory flow for a particular time period.;Question 8. 8.(TCO 1) Which of the following is part of the inventory classification? (Points: 5);Cycle stock;Speculative stock;Pipeline stock;All of the above;Question 9. 9.(TCO 8) Incoterms refer to: (Points: 5);a specific method of payment for international shipments.;the standardization of international trade terminology.;the standardized procedures for handling international shipments.;the terms of sale for international shipments.;Question 10. 10.(TCO 8) Which of the following is a political restriction on international trade? (Points: 5);Nontariff barriers;Barring certain types of shipments;Tariffs;All of the above;Question 11. 11.(TCO 7) The _____ recognizes U.S. organizations for their achievements in quality and performance. (Points: 5);Six Sigma;ISO 9000;U.S. Department of Commerce Commendation of Quality;Malcolm Baldrige National Quality Award;Question 12. 12.(TCO 7) Procurement and _____ are viewed as synonymous terms. (Points: 5);purchasing;inbound logistics;supply management;materials management;Question 13. 13.(TCO 4) Logisticians and supply chain managers have a particular interest in _____ taxes. (Points: 5);real estate;corporate income;inventory;severance;1. (TCO 4) The purpose of _____ zones is to encourage business development in economically depressed portions of a particular city. (Points: 5);commercial;free trade;privatization;empowerment;Question 2. 2. (TCO 5) What is a placard? (Points: 5);A device used to monitor engine speed;A distinct sign that identifies hazardous material;A protective wrap for shipments that might freeze while in transit;A type of manually operated materials handling equipment;Question 3. 3. (TCO 5) The basic unit in unit loading is: (Points: 5);a box.;a crate.;a pallet.;a container.;Question 4. 4. (TCO 6) The order cycle is: (Points: 5);the time it takes for a check to clear.;the time it takes from when a customer places an order until the selling firm receives the order.;also called the replenishment cycle.;also called the vendor cycle.;Question 5. 5. (TCO 6) Order transmittal is: (Points: 5);the same thing as an order cycle.;the series of events that occur between the time a customer places an order and the time the seller receives the order.;the series of events that occur between the time the customer perceives the need for something and the time the seller receives the order.;the series of events between the time a customer places an order and the time the order cycle begins.;Question 6. 6. (TCO 9) Spreadsheets represent what general type of information management system? (Points: 5);A communication system;A transaction processing system;A decision support system;An office automation system;Question 7. 7. (TCO 9) The most relevant general software package for logisticians is(are): (Points: 5);word processing.;e-mail.;presentation packages.;spreadsheets.;Question 8. 8. (TCO 12) Which of the following is not a basic type of demand forecasting model? (Points: 5);Exponential smoothing;Cause and effect;Judgmental;Time series;Question 9. 9. (TCO 12) Which of the following is true? (Points: 5);Computer software for demand forecasting dates back about 25 years.;One challenge to collaborative planning, forecasting, and replenishment is getting supply chain partners to share data.;The Excel software package tends to generate forecasts that generate very little error.;SAP is the most widely used software package for demand forecasting.;Question 10. 10. (TCO 11) _____ refers to how easy a commodity is to pack into a load. (Points: 5);Ease of handling;Recoupering;Stowability;Drayage;Question 11. 11. (TCO 11) The most important single transportation document is the: (Points: 5);bill of lading.;freight bill.;commercial invoice.;certificate of origin.;Question 12. 12. (TCO 13) Distribution centers emphasize _____ and their primary purpose is to maximize_____. (Points: 5);product storage, throughput;product storage, usage of available storage space;rapid movement of product, throughput;rapid movement of product, usage of available storage space;Question 13. 13. (TCO 13) Which of the following is not a characteristic of public warehousing? (Points: 5);It requires no capital investment from user.;The user receives a regular bill for space used.;It's good for companies dealing with large volumes of inventory.;There is a lack of control by the user.;Page 3;Question 1. 1. (TCO 4) Discuss the advantages of grid systems, such as the center-of-gravity and the weighted center-of-gravity approaches. (Points: 10);Question 2. 2. (TCO 9) Name the six general types of information systems and give one logistics application for each one that you name. (Points: 10);Question 3. 3. (TCO 9) Why are some companies hesitant to adopt RFID technology? (Points: 10);Question 4. 4. (TCO 12) Briefly discuss cause and effect demand forecasting. (Points: 10);Question 5. 5. (TCO 13) According to the text, what is contract warehousing? (Points: 10);Question 6. 6. (TCO 14) Why is there a high risk associated with implementing Distribution Resource Planning (DRP)? (Points: 10);Question 7. 7. (TCO 3) How are carriers legally classified? (Points: 10);Question 8. 8. (TCO 6) What is pick-to-light technology? (Points: 10);Question 9. 9. (TCO 5) Compare and contrast the various handling characteristics associated with bulk cargoes. (Points: 30);Question 10. 10. (TCO 6) Examine the order picking and assembly operations. Assess how and why they are needed. (Points: 30);Question 11. 11. (TCO 11) Compare and contrast the three primary factors for determining rates. (Points: 30)

 

Paper#25183 | Written in 18-Jul-2015

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