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Commerce and BusinessbackBusiness StatisticsbackBusiness Statistics & AnalyticsbackOperations Management in the Supply ChainbackPractice Set 2486back

Global Logistics

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Question 1
Free
Multiple Choice

The five major decisions addressed by logistics managers are

Choose correct answer/s
A

transportation, warehousing, location, reverse logistics, and third-party logistics.

B

location, transportation, warehousing, reverse logistics, and tactical.

C

strategic, third-party logistics, warehousing, transportation, and location.

D

None of the above answers is entirely correct.

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Question 2
Free
Multiple Choice

Complete the following definition of logistics according to the Council of Supply Chain Management Professionals: Logistics plans,implements,and controls the forward and reverse flows and storage of goods and related information between the point of origin and consumption…

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A

in order to meet the firm's requirements.

B

in order to meet customer requirements.

C

in order to meet regulatory requirements.

D

in order to provide the lowest-cost solution.

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Question 3
Free
Multiple Choice

Which of the following integration partnerships is especially important when considering logistics?

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A

Logistics and finance.

B

Logistics and information systems.

C

Logistics and marketing.

D

Logistics and human resources.

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Question 4
Free
Multiple Choice

Which of the following is true concerning logistics?

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A

Logistics is often included as the "place" in the 4Ps of marketing.

B

Inventory management is often included in definitions of logistics.

C

The government plays a key role in logistics decisions.

D

All of the above.

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Question 5
Free
Multiple Choice

Annual logistics expenditures worldwide are

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A

less than 5% of the global GDP (less than approximately $1.5 trillion).

B

between 5% and 10% of the global GDP (between approximately $1.5 and $3.0 trillion).

C

between 10% and 20% of the global GDP (between approximately $3.0 and $6.0 trillion).

D

more than 20% of the global GDP (more than approximately $6.0 trillion).

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Question 6
Multiple Choice

Which of the following does NOT represent one of the critical logistics decisions?

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A
The trade-offs between transporting product by rail or waterway (e.g., barge).
B
Transitioning from traditional warehouses to distribution centers.
C
Insourcing logistics through company-owned aircraft.
D
Using market surveys to estimate future demand.
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Question 7
Multiple Choice

Which of the following is NOT correct concerning the economics of transportation?

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A
Larger shipments cost less per unit of weight.
B
Economies of distance replace economies of scale in transportation decisions.
C
Long distances drive down the cost per mile.
D
The transportation cost per unit increases as the utilization of container space decreases.
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Question 8
Multiple Choice

Which of the following is correct concerning government and transportation?

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A
Governments own parts of transportation systems, even whole systems.
B
Deregulation in the United States meant transportation companies could raise their prices.
C
Outside the United States, governments tend to own more of the transportation systems in place.
D
All of the above.
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Question 9
Multiple Choice

A decision to consolidate shipments typically means the company has placed an emphasis on

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A
reducing costs.
B
improving delivery service.
C
decreasing warehouse inventory.
D
all of the above.
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Question 10
Multiple Choice

Pooled delivery is the term used to describe

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A
when two or more companies arrange to consolidate shipments in the same truck.
B
when a company consolidates two or more shipments into a single shipment to a location.
C
when a company outsources delivery to a common carrier such as UPS or FedEx.
D
none of the above.
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Question 11
Multiple Choice

Which of the following was NOT given as one of the five modes of transportation?

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A
Water.
B
Internet.
C
Pipelines.
D
Air.
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Question 12
Multiple Choice

In addition to cost,which of the following is a key factor to consider in transportation mode decisions?

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A
Performance against promised delivery times.
B
Access to the mode, from both the supplier and customer perspectives.
C
Special handling requirements.
D
All of the above.
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Question 13
Multiple Choice

The chief advantage of shipping by truck is

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A
lower cost.
B
the ability to consolidate shipments.
C
location flexibility.
D
the ability to ship less-than-truckload amounts.
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Question 14
Multiple Choice

Which of the following transportation modes has the lowest cost per ton?

Choose correct answer/s
A
Truck.
B
Rail.
C
Pipeline.
D
Multiple mode.
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Question 15
Multiple Choice

Comparing warehouses and distribution centers,which of the following is true?

Choose correct answer/s
A
Warehouses that ship directly to retail stores are called distribution centers.
B
Distribution centers place more emphasis on fast transfer of material than warehouses.
C
Distribution centers place more emphasis on maintaining minimum inventories than warehouses.
D
All of the above are true.
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Question 16
Multiple Choice

Which of the following is NOT a basic type of distribution center?

Choose correct answer/s
A
Cross-docking distribution center.
B
Break-bulk distribution center.
C
Finished goods distribution center.
D
Consolidation distribution center.
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Question 17
Multiple Choice

When a distribution center immediately sorts large incoming shipments into smaller lots and into empty waiting trucks,this is called

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A
freight forwarding.
B
breaking bulk.
C
cross-docking.
D
none of the above.
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Question 18
Multiple Choice

Which of the following is NOT a common function performed by a warehouse or distribution center?

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A
Final assembly and product testing.
B
Storage of a raw material used in production.
C
Labeling and pricing of products.
D
Collection point for returned products.
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Question 19
Multiple Choice

Which of the following statements concerning logistics networks is NOT correct?

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A
Network design decisions are strategic because they can impact the competitive ability of the firm.
B
Typically logistics networks start with the warehouses, then show shipping to distribution centers, which in turn ship to customers.
C
The two primary logistics network decisions are the number of warehouses needed and where they should be located.
D
Network design decisions affect both logistics cost and delivery time to customers.
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Question 20
Multiple Choice

Which of the following is NOT a significant contributing factor to warehouse location decisions?

Choose correct answer/s
A
Cost of facility maintenance.
B
Government incentives.
C
Proximity to suppliers.
D
All of the above are significant contributing factors.
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