Quản trị Logistics đề ôn thi cuối kì

1.“Some companies use suitable mode of transportation with an acceptable cost to meet customer delivery requirements as well as increase satisfaction for the customer”. As such, the company could be considered a.Productivity but not effective. b.Efficient but not effective. c.Effective but not efficient. d.Reengineering but not productivity Some companies use premium transportation to meet customer delivery requirements. ( cách hỏi khác) 2.Which one includes in order processing activity? a.Negotiate terms and conditions b.Select suitable material handling equipment c.Checking the status of orders. d.Choose the best location for warehouse establishment. 3.The department often measures inventory in terms of its cost or value in dollars, whereas tends to measure inventory in terms of units. a.production; sales b.marketing; logistics c.sales; finance d.financial ; logistics 4.The approach mentions all relevant cost items are considered simultaneously when making a decision. a.interfunctionality b.total cost c.systems d.rhochrematics

CHAPTER 1: OVERVIEW LOGISTICS AND SUPPLY CHAIN

1 “Some companies use suitable mode of transportation with an acceptable cost

to meet customer delivery requirements as well as increase satisfaction for the

customer” As such, the company could be considered

a Productivity but not effective

b Efficient but not effective

c Effective but not efficient

d Reengineering but not productivity

"Some companies use premium transportation to meet customer delivery

requirements" ( cách hỏi khác)

2 Which one includes in order processing activity?

a Negotiate terms and conditions

b Select suitable material handling equipment

c Checking the status of orders

d Choose the best location for warehouse establishment

3 The _department often measures inventory in terms of its cost or value

in dollars, whereas _tends to measure inventory in terms of units

a production; sales

b marketing; logistics

c sales; finance

d financial ; logistics

4 The _approach mentions all relevant cost items are considered

simultaneously when making a decision

a interfunctionality

b total cost

c systems

d rhochrematics

5 The _approach indicates that a company's objectives can be realized

by recognizing the mutual interdependence of major functional areas

a interfunctionality

b systems

c rhochrematics

d supply chain

6 A cost trade-off is a situation where:

a some costs are eliminated by efficient management controls

b all costs are reflected as a percentage variation from standard costs

c some costs increase and some costs decrease

d all costs react according to their individual degrees of inflation in the economy

7 A cost trade-off is a situation where:

a some costs increase and some costs remain constant

b all costs are reflected as a percentage variation from standard costs

c The firm accepts for using premium transportation to release more products

in their warehouse

d some costs are eliminated by efficient management controls

8 utility refers to the value or usefulness that comes from a customer being able to take possession of a product

a Form

b Time

c Place

d Possession

9 "How well a company does what it says it's going to do" represents _

a leading edge logistics

11 Which does include in warehousing activity?

a Estimate product demand in the future

b Select the carrier who can provide lower freight for the firm

c Use appropriate equipment to load unload the products

d Basing on featured characteristics of product, the firm' will select the suitable method to store product

12 Which concept refers to the storage of raw materials and movement to the producer?

14 _refers to an item that the firm holds with a very large amount of

quantity at the same time there is no demand for it

a Return goods policy Issuance

b Design transportation route with very short delivery time

c Reply quickly demand for product fixing from customers

d Question A & C are correct

17 In the past, which field does logistics not connect with?

a Materials Handling

b Procurement management

c Warehousing location

d Order processing

19 Which of the following mentions to contribution of logistics to place utility?

a Procter and Gamble of General Mills repackage products during distribulion into special sizes, sample packs, or multi-packs

b Online retailers like Amazon.com and Alibaba.com delivery products directly to your home or office

c The firm brings a variety of payment methods for the customer such as by cash, money transfer, electronic wallet

d Four-day late delivery of apples likely has more serious results than a four-day late delivery of a box of paper

20 Beverages sold in small size presentations are perfects to fit the needs of

consumers that are occasionally thirsty, as opposed to big-size presentation that are more suitable for family gatherings or group meetings” is considered for the

25 Which of the following mentions to contribution of logistics to time utility?

a Online retailers like Amazon.com and Alibaba.com delivery products directly to your home or office

b The firm brings a variety of payment methods for the customer such as by cash, money transfer, electronic wallet

c Four-day late delivery of apples likely has more serious results than a four-day late delivery of a box of paper

KAHOOT CHƯƠNG OVERVIEW LOGISTICS AND SUPPLY CHAIN

1 Logistics clearly contributes to and utility

A Reduction in economic regulation

B Growing power of manufacturers

D Do-it-yourself (DIY) retailers

5 The four general types of economic utility are production, possession, time and place

8 The movement and storage of materials into a firm refers to:

10 The overall aim of logistics is to:

A Achieve high customers satisfaction

B High quality service

D All answers are right

CHAPTER 8: INVENTORY MANAGEMENT

B The EOQ model assumes a variable lead time

C Quantity discounts are possible

D If an order quantity is smaller than the EOQ, the annual holding cost is lower than the annual ordering cost

If an item is ordered at its economic order quantity, the annual carrying cost should be:

A equal to the annual ordering cost

B slightly less than the annual ordering cost

3 The trade-off that exists between carrying and ordering costs is that they respond

in opposite ways to the number of orders or size of orders That is, an increase in the number of orders leads to order costs and carrying costs

8 When demand and delivery lead time are known and constant, and demand is nine per day, and purchase lead time is four days, the reorder point is:

9 Which of the following is the reason that companies hold a supply of inventory?

A Companies would like to purchase in bulk to take advantage of quantity discounts

B Companies would like to increase inventory costs

C Companies would like to increase production change

D Companies would like to increase setup costs

10 There are some of the ways that inventory can be reduced in the supply chain except from:

A the use of premium transportation

B smaller, more frequent orders

C Supply-push

D the elimination or consolidation of slower-moving products

11 Use this information below to calculate the optimal order quantity:

- Annual demand for backpacks is 45,000 units

- The cost to place an order is $250

- The per unit cost of the item is $30.00

- The annual holding rate is 27.5%

13 Which organizational function is not a focus of the Supply Chain Operations Reference (SCOR) model?

A the cost of pilferage while in storage

B the cost associated with processing the invoice

C the cost of transmitting the order

D the cost of clerical staff for preparing the purchase

Which of the following is an example of an ordering cost for products purchased from

a supplier?

A The cost of clerical staff for preparing the purchase

B The cost of pierogi while in storage

C The cost associated with damaged products due to out of date

D The cost of buying insurance

15 Which of the following are characteristics of an agile supply chain?

A an organization's ability to respond to changes in demand with respect to volume and variety

B eliminating all waste, including time, and to ensure a level schedule

C an organization's ability to respond to o changes in demand with respect to

quantity and quality

D apply when customer demand is relatively stable and variety is low

16 Dead inventory refers to a product for which there is no sales during a period

A 12 month

17 What is meant by ABC analysis of inventory?

A ABC analysis of inventory is o synonymous with vendor-managed inventory

B All inventories are not of equal value to a firm and, as a result, all inventory should not be managed in the same way

C All inventories are equal value to a firm O and, as a result, all inventory should be managed in the same way

D ABC analysis of inventory is an alternative to the EOQ model

18 The order of product flow in the supply chain is as follows:

A Component manufacturer, raw material supplier, retailer, wholesale distributor, end product manufacturer, end-product consumer

B Raw material supplier, retailer, component manufacturer, wholesale distributor, end product manufacturer, end-product consumer

C Raw material supplier, component manufacturer, end product

manufacturer, wholesale distributor, retailer, end-product consumer

D Raw material supplier, component manufacturer, retailer, wholesale distributor, end product manufacturer, end-product consumer

19 Which of the following is FALSE?

A The boomerang effect refers to variability in demand orders among supply chain members

B The supply chain concept originated in the logistics literature

C The SCOR model identifies six key processes including plan, source, make, deliver, return, and enable associated with supply chain management

D Supply chain disruptions (e.g., terrorist attacks, natural disasters) have caused some supply chains to reassess their emphasis on inventory reduction

20 Holding low levels of inventory result in _ inventory carrying costs and some stockout costs

A Companies would like to increase inventory costs

B Companies would like to get more profit when buying the product at lower price and selling at higher price

C Companies would like to purchase in bulk to take advantage of quantity discounts

D Companies would like to meet an increasing demand of customer

22 Which of the following method that the firm can apply to reduce inventory

through the supply chain?

A Break orders with smaller quantities, and place frequently

C The use of poor transportation

23 Which of the following is FALSE?

A The bullwhip effect refers to variability in demand orders among supply chain members

B Supply chain disruptions (eg, terrorist attacks, natural disasters) have caused some supply chains to reassess their emphasis on inventory reduction

C The supply chain concept originated in the marketing literature

D The SCOR model identifies six key processes including plan, source, make, deliver, return, and enable associated with supply chain management

24 The purchase cost of a widget is $8, and the holding rate is 20% of purchase cost; cost of processing an order is $30, annual demand is for 300 widgets, and supply and usage patterns are stable What is the economic order quantity (EOQ)

KAHOOT CHƯƠNG INVENTORY MANAGEMENT

1 _refers to stocks of goods and materials that are maintained for many purposes

4 The higher the average cost of a stockout, the more likely a company is going

to want to hold safety stock

5 The higher the average cost of a stockout, the more likely a company is going

to want to hold safety stock

CHƯƠNG 10 WAREHOUSING

1 What is the biggest advantage of public warehousing?

A offers users a great deal of control over their storage needs

B can be constructed to meet user specifications and companies can also control product placement within a facility

C offers access to products when an organization needs or wants them

D users can save money because there is no capital investment

2 Which of the following is not one of the common causes of warehousing fires?

A cutting or welding too close to combustibles

B heat source too close to combustibles

C lightning strikes

D electrical failure or malfunction

3 As aisle space , the storage capacity of a facility

a decreases; remains constant

b increase; remains constant

c increases; decreases

d remains constant; decreases

4 Which of the following is true?

a consolidation of several units into smaller units to increase shipping costs

b the unit load is of limited value to shippers that deal in larger quantities

c the unit load allows mechanical devices to be replaced for manual labor

d unit loads may encourage pilferage

5 Which of the following statements is true?

a clean and sanitary warehousing facilities can increase employee turnover

b contract warehousing simultaneously mitigates the negative aspects and

accentuates the positive aspects of public and private warehousing

c contract warehousing is owned or occupied on a long-term lease by the firm using them

d assorting refers to separating products into grades and qualities desired by different target markets

6 The theft usually takes place in the warehouse that shows poor

a warehousing safety

b Warehousing productivity

c warehousing cleanliness and sanitation

d warehousing security

7 A major drawback to metal and plastic pallets is their

9 A unit load involves

A loading an entire vehicle with shipments from three or fewer shippers

B the usage of a pallet rack system of storage

C convoy of rail cars carrying the same product

D consolidation of several units into larger units to improve efficiency in handling and to reduce shipping costs

10 What's kind of goods that should be stored in cold warehouse?

A camping equipment

B Technological devices

C cement

D flower

11 Which of the following statements regarding perishable products is true?

A perishable products require normal packaging as they move from source to customer

B these goods are not sensitive to time

C there is no special requirement for loading goods

D they require temperature storage

12 Which of the following is the principle which should be considered by the firm when loading the fuel drums on the vessel?

A The firm should place heavy items on fuel drums

B The firm should place heavy items under fuel drums

C The firm should use dunnage to fulfill all blank spaces and fix fuel drums in the container

13 "Facilities may have walls and doors that can withstand several hours of intense fire as well as have proper sprinkling systems as well as excellent ventilation" These are design elements which should be considered when storing

A Automobile

B hazardous materials

C Technological goods

D FMCG products

14 Which of the following is not an example of warehouse automation?

A radio frequency identification

B automated guided vehicles

C carts are pushed/pulled by stevedores

D automated storage and retrieval systems

15 What's meaning of the following label?

17 What's following element which requires for consolidated shipping?

A Destination points of all shipments have to be the same

B Characteristics of goods have to be the same

C A forwarder will be responsible for collecting shipments from all shippers

D All answers are right

18 The basic unit in unit loading is a

A container B crate C pallet D box

19 Which of the following statements regarding hazardous products is true?

A hazardous products should be placed together with foodstuff

B no need to install fire protection equipment for warehouse which is used to storage dangerous goods

C chemical drums are piled up as high as possible to maximize storage spacing

D users need to install warning boards/signals at the storing area of dangerous goods

20 Which of the following statements is false?

A Buildings that store hazardous materials often have walls and doors that can withstand several hours of intense fire

B A one-dock warehouse layout, in contrast to a two-dock layout, increases the space needed for storage docks

C Radio frequency identification is an example of warehouse automation

D Narrower aisles can increase the space utilization of a facility

21 Multiclient warehousing mixes attributes of and warehousing

A Common; private

B Private; contract

C Public; contract

D Public; common

22 Which of the following is the advantage of unit load?

A it enables mechanical devices to be substituted for manual labor

B the mechanical devices, such as a forklift, that can be substituted for manual labor can

be very expensive and need to routine maintenance.

C It represents a larger quantity of an item than a single box and may be of limited value

to organizations that deal in small quantities

D a lack of standardization of pallet sizes

23 The Globally Harmonized System of Classification and Labeling of Chemicals (GHS) was developed by the

A World Trade Organization

B United Nations

C World Bank

D International Chamber of Commerce

24 Which of the following is not a characteristic of private warehousing?

A requires capital investment from user

B good for companies dealing with large volumes of inventory

C warehouses can be constructed to meet user specifications and companies can also

25 Which of the following pairs of goods are incompatible when storing in the

B International Chamber of Commerce

C International Air Transport Association

D World Trade Organization

27 Which of the following statements is false?

A Narrower aisles can increase the space utilization of a facility

B Radio frequency identification is an example of warehouse automation

C Buildings that store hazardous materials often have walls and doors that can withstand several hours of intense fire

D A one-dock warehouse layout, in contrast to a two-dock layout, increases the space needed for storage docks

28 What's the meaning of the following label?

30 What's the meaning of the following label?

31 Why are labels important?

A labels clarify handling requirements for a package, making shipping and handling dangerous goods a safer process

B hazmat labels help carriers determine stowage and segregation on board planes, trucks and vessels

C emergency responders use hazard labels for accident clean-up and potential

evacuations

D all answers are correct

32 .packaging tends to be cheaper, more versatile, and more friendly than packaging

consumer-A mental; glass

B wooden; mental

C glass; wooden

D plastic; paper

33 What's the meaning of the following label?

A perishable goods inside the carton

B environmental friendly products

C hazardous waste for the environment

D seafood products

34 Which of the following is false?

A carts and cranes are examples of handling equipment

B racks and bins are examples of storage equipment

C materials handling refers to the short distance movement that usually takes place within the confines of a building such as a plant or distribution center and between a building and a transportation service provider

D container is used for transporting the cargo by airway, waterway (including

seaway and inland waterway), railway and roadway

35 Which of the following is bulk cargo?

A Machinery

B Spirits

36 Which of the following is a logistical consequence of packaging inefficiency?

A decreased damage

B slower materials handling

C lower storage costs

D decreased loss

37 Why milk boxes are rectangle?

A Milk needs to be refrigerated Rectangular boxes occupy less shelf space, and less shelf space is more valuable when that shelf space has to be cooled

B maximize storing space and all boxes can piled up with many layers

C The ability to comfortably hold the rectangle box in one's hand

D All answers are correct

38 Which of the following is dangerous goods?

B The test can be performed as a single test or as a series of impact tests to evaluate the packaging's ability to perform in environments with a horizontal impact hazard

C aims to simulate the types of vibrations that packages suffer during handling, transportation, and shipping

D is a simulation of the falls that a package holding goods may experience during shipping and handling

40 All are characteristics of private warehousing, except _

A feasible when demand patterns are irregular

B users have a great deal of control

C generates high fixed costs for the user

D may reduce an organization's flexibility

41 Which of the following is the example of the product's ability to withstand some elements?

A metal pails can be used for the packaging of liquids

B ice cream can be exposed to freezing conditions while vaccine cannot

C weight of foam is lighter than steel

D sugar should be packaged in bags

42 Which of the following pair of goods are incompatible when storing in the

KAHOOT CHƯƠNG WAREHOUSING

1.Warehouses emphasize _ and their primary purpose is to maximize _

A Rapid movement of product; usage of available storage space

B Rapid movement of product; throughput

C Product storage; usage of available storage space

D Product storage; throughput

2 _ is process where a product is received in a facility and shipped at the earliest time, without storage

5 _ refer to breaking a homogeneous supply into smaller lots

A Sorting out

B Allocating

6 What is considered to be the biggest drawback to public warehousing?

A High fixed cost to user

B Lack of safety regulation

C Lack of locational flexibility

D Lack of control by the user

7 Throughput refers to

A Storage capacity of a warehousing facility

B Volume through a pipeline

C Inventory turnover in a one- month period

D Amount of product entering and leaving a facility in a given time period

8 The warehousing function that combines the several small shipments to a specific market area is

A Break bulk function

A Rapid movement of product; throughput

B Product storage; throughput

C Product storage; usage of available storage space

D Rapid movement of product; usage of available storage space

KAHOOT CHƯƠNG 11 PACKAGING

1 is the science, art and technology of enclosing or protecting products for distribution, storage, sale and use

2 Which of the following is the wrong definition of TEU?

A TEU stands for Twenty-foot Equivalent Unit

B 40ft long container measure 2TEUs

C It is method of calculating vessel load or capacity

D TEU is also understood as ton

3 Which of the given reasons is NOT a valid reason for packaging of food items?

A Security and portion control

B Marketing and convenience

C Protection and information transmission

D Increase the weight of goods

4 What of the following is false?

A Package labeling is usually done at the end of the assembly line

B Labeling regulations may differ from country to country

C Pictures are preferable to words for labeling a product

D Labeling requirements may differ from state to state

5 Each of the following is a shipping hazard that a package may be exposed to except

A Material is used to block and brace products inside carrier equipment

B A slang term for a particular type of ocean liner

C A type of packaging material that is placed inside of boxes

D Additional transportation fees that are charged to small shippers

7 are required when a continuous flow of material/product operating over a long period

12 The major advantage of the unit load is that it enables mechanical devices to

be substituted for manual labor

13 Product destiny refers to a product’s

A Weight per volume

14 refers to materials used for the containment, protection, handling, delivery, and presentation of goods

KAHOOT CHƯƠNG 12 TRANSPORTATION

1 _is generally the fastest form of transportation for shipments exceeding

3 Which of the following is not likely to move by air transportation?

A wind power propeller

B wearing apparel

C cut flowers

D fruits and vegetables

4 The primary advantage for motor carriers is _

A flexibility (linh hoạt)

B reliability

C speed

D capability

5 is the most reliable (đáng tin cậy) form of transportation

7 _ _have a level of market concentration and dominance that is not found

in the other modes

A function in a manner similar to freight forwarders

B are the same as a freight forwarder

C specialize in truckload shipments

D are used only for agricultural products

10 A transportation broker _

A looks to match a shipper's freight with a carrier to transport it

B is the same as a freight forwarder

C deals only with agricultural products

D tends to be spun off from carriers or management consulting firms

10 CÂU HỎI TRONG CUỘC THI LOGISTICS

1 Which mode of transport is considered the most expensive according to the unit price of a shipment ?

5 What of the following is NOT the advantage of rail freight ?

A High degree of flexibility

B Capable of hauling large loads

C Capable of hauling large loads

D Burn less fuel per ton-mile than trucks

6 When choosing a mode of transport, in terms of the maximum transport capacity and the cheapest price, which method should you choose?

7 Which of the following is a methodology that focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity?

together MRO stands for

A Maintenance, repair, operating supplies

B Maintenance, repair, optimization

C Maintenance, renew, operating supplies

D Maintenance, renew, optimization

9 Which of the following functions is not included in the seaway bill?

A Confirm an insurance policy

B Claims ownership for goods

C Confirm the receipt of goods on board

D Confirm a contract of carriage

10 What is a perfect order ?

A simultaneous achievement of relevant customer metrics

B an order that arrives on time

C an order that arrives undamaged

D an order that is easy for the receiver to fill

ĐỀ THI KỲ TRƯỚC

1 Which of the following statements about a one-dock layout is FALSE?

A Each and every dock can be used for both shipping and receiving

B Product may sometimes be reloaded in the vehicle that delivered it

C Goods move in a straight configuration

D It requires carriers to pick up and deliver at specific times

2 The economic order quantity (EOO) determines _

A the relevant inventory flow for a particular time period

B the point at which carrying costs equal ordering costs

C the point at which a company should reorder

D the point at which the sum of carrying costs and ordering costs is maximized

3 _offers the opportunity to buy direct from the supplier with reduced costs and shorter cycle

A increase the amount of packing materials used

B use more environmentally - friendly packaging materials

C use reusable containers

D retain or support services that collect the used package and recycle it

5 Which of the following statements is true?

A Supply chain is a subset of logistics

B Transportation and logistics are the same

C Logistics and supply chain are the same

D Logistics is a subset of supply chain

6 Less-than-truckload motor carriers

A carry the shipment directly from shipper to consignee

B are exempt from hours - of - service regulations

C serve only regional markets

D operate through a series of terminals

7 Choose the WRONG answer Humanitarian logistics represents

A a branch of logistics which specializes in organizing the delivery and warehousing of supplies during natural disasters or complex emergencies to the affected area and people

B the process of planning, implementing and controlling the efficient, cost - effective flow and storage of goods and materials, as well as related information, from the point of origin to the point of consumption for the purpose of alleviating the suffering of

vulnerable people

C an emerging application of logistics to only - for - profit organizations,

D a sector to deliver emergency relief more effectively , and help organizations to make a difference in disaster response

8 The department often measures inventory in terms of its cost or value in dollars, whereas tends to measure inventory in terms of units

A finance ; logistics

B marketing ; logistics

9 Choose the WRONG answer Tailored logistics is applied when _

A customer needs vary, and companies can tailor their logistics systems to serve their customers better and more profitably

B companies use one logistics approach to target all their customers as well as all their partners

C groups of customers with similar logistical needs and wants are provided with logistics service appropriate to these needs and wants

D companies want to use various logistics approaches to target various groups of their customers

10 Pipeline transport characteristics include _

A Cost optimization and environmental - impact optimization by means of the piggy - back system with railway, utilization of vehicles specific to the volume of goods

B High mass - transport capacity , high network - forming capability, high reliability and thus plan ability, environmentally friendly by avoiding emissions , limited

products' type

C Especially suited for long - haul and intercontinental transport, suited for almost any type of goods, transport of large volumes of goods possible

D Relatively low network density and thus limited possibilities for door - to - door

transport, strict adherence to timetables and allocated train lengths

11 _refers to being out of an item at the same time there is demand for it

14 Which of the given reasons, is NOT a valid reason for packaging of food items?

A Increase the weight of goods

B Protection and information transmission

C Marketing and convenience

D Security and portion control

15 Why warehouses are different with distribution centres?

A Because warehouses are larger than distribution centres

B Because warehouses are only for storage while distribution centres are for both storage and distributing

C Because warehouses can be distribution centres while distribution centres cannot be warehouses

D Because warehouses store product in a short period while distribution centres store product in a long period

16 Many organizations hold safety stocks as part of their inventory Which of the following is a reason for holding safety stocks?

A To improve stock accuracy levels

B To improve stock holding levels

C To cater for demand forecast errors

D To cater for a large storage capacity

17 Which of the following is not exactly a goods handling equipment?

A Rubber tyred gantry crane

19 _refers to the removal of intermediaries between producer and consumer

A Disintermediation

B Direct channels

C Market demassification

D Consolidation

20 What is considered to be the biggest drawback to public warehousing?

A High fixed cost to user

B Lack of safety regulation

C Lack of locational flexibility

D Lack of control by the user

21 ABC analysis of inventory

A applies activity - based costing to managing inventory

B is synonymous with vendor - managed inventory

C is an alternative to the EOQ model

D recognizes that inventories are not of equal value to a firm

22 Which of the following is a reverse logistics activity?

A Delivering finished goods to your customer

B Recycling products and components

C Developing a collaborative relationship with your supplier

D Managing the quality of products

23 _refers to breaking a homogeneous supply into smaller lots

A allocating

B accumulating

C sorting out D assorting

24 Which of the following statements is right about Fixed Order Quantity?

A A hybrid inventory system in which the inventory analyst reviews the inventory

position at fixed time periods

B This system easily let the company facing the stock - out situations

C The two important parameters here are the order quality and the reorder point

D An inventory management system in which replenishment stock is ordered when the stock reaches a reorder point and the replenishment quantity is kept fixed irrespective

of external circumstances

25 Which of the following is WRONG about Intermodal transportation?

A Intermodal transportation is the use of two or more modes, or carriers, to transport goods (freight ) from shipper to consignee

B Intermodal transportation concerns the movements of passengers or freight from an origin to a destination relying on several modes of transportation

C Intermodal transportation service makes use of a combination of different

transportation modes to smoothly transfer containers from one transportation mode to another, ensuring cargo is delivered safely to its final destination

D Intermodal freight consists of products and raw materials that are transported in a

container by a variety of the same

26 Cathkidston is a store which mainly sells fashionable bags and clothes This store wants to calculate the ordering cost per year and the carrying cost per order for their next business year based on the number of items that the store expects to sell They expect to sell 1200 items every month, their ordering cost per order is $80 The average value of an item is $160 The carrying cost is 26% of the value of an item If Cathkidston calls for orders every week, how much will the ordering cost for a year and the carrying cost for an order be? Note: 1 year has 52 weeks and assuming 1 month has 4 weeks

Annual ordering cost: 80x52 = 4160$

1200 items/months => 1200/4 = 300 items/week

C(h)= (41.6 x 300) / 2 = 6240$

27 Intexshop specializes in selling computer hardware equipment They purchase their inputs with the price at $35 per item and they plan to sell 8,000 items every year The ordering cost is $22 per arder and their annual inventory carrying cost is 26% of the price of an item What is the economic order quantity? How much is their total inventory cost?

A EOQ » 82 items and TC = $ 282, 519 4

B EOQ » 197 items and TC = $ 281 , 898 6

C E0Q » 197 items and TC = $ 281, 789 8

D E0O » 82 items and TC = $ 283, 298 4

29 Following the fixed transporting schedule of carriers is the common characteristic

of which transportation modes?

A Sea freight, inland water transport, pipeline

B Air freight , sea freight , rail freight

C Road freight, inland water transport, air freight

D Rail freight, inland pipeline, road freight

30 The order cycle is _

A also called the vendor cycle

B the time that it takes for a check to clear

C also called the replenishment cycle

D the time that it takes from when a customer places an order until the selling firm

receives the order

31 A supply chain is a sequence of firms that perform activities required:

A To create synergy in their training programs

B To support the acquisition of raw materials

C To create and deliver goods to consumers

D To facilitate wholesalers inventory selections

32 Packaging testing methods include:

A compression , vibrations, rough handling, horizontal impacts, dropping, overexposure

to extreme temperatures moisture

B vibrations, vertical impacts, horizontal impacts, rough packaging , pushing , stacking , Immersing in water

C immersing in water, horizontal throwing, lifting up , vibrations, overexposure to

extreme temperatures or moisture

D stacking, pouring water over , drying , rough handling , lifting up , compressing,

33 Which of the following is not a characteristic of sea freight?

A Suited for transporting almost any type of goods

B In long - haul transport abroad, this freight transport is often used for the first and the last transport stages

C Possibly transport the largest volume of goods compared to other modes

D Suited for long - haul and intercontinental transports

34 Inventory shrinkage

A is another name for inventory turnover

B refers to situations where the size and / or volume of inventory is decreased over time

C refers to the fact that more items are recorded entering than leaving warehousing facilities

D refers to a technique of stabilizing unit loads by using shrink wrap packaging

35 Every customer getting the same type and level of logistics service refers to

A Humanitarian logistics

B Tailored logistics

C Mass logistics

D Green logistics

36 7Rs in Logistics stand for:

A Right product, Right quantity , Right condition or quality , Right place , Right time , Right people , Right cost or price

B Right product, Right service , Right procedure , Right machine, Right workers , Right management, Right materials

C Right supply chain , Right transportation, Right warehouse , Right packaging , Right inventory , Right handling , Right distribution centers

D Right production, Right marketing , Right finance , Right accounting, Right human resource , Right estate , Right operations

37 Which of the following statements is FALSE?

A A product's chemical characteristics have little to no influence on the way the product

is handled

B Perishable products require special packaging as they move from source to customer

C Some products might be exposed to freezing weather ; others might not

D The various properties of goods must be made known to consumers to help them make the correct buying decision and

properly care for the product

38 _refers to the removal of intermediaries between producer and consumer

A Consolidation

B Disintermediation

C Direct channels

D Market demassification

CHAPTER 1: AN OVERVIEW OF LOGISTICS

Multiple Choice Questions (correct answers are bolded)

1 Logistics clearly contributes to _ and _ utility

a time; place

b form; time

c place; form

d possession; time

e none of the above

2 _ utility refers to the value or usefulness that comes from a customer being able to take possession of a product

e All of the above are types of economic utility

5 “How well a company does what it says it’s going to do” represents _

8 Which of the following is not a reason for the increased importance of logistics?

a growing power of manufacturers

b reduction in economic regulation

c globalization of trade

d technological advances

e all of the above are reasons

9 Widespread reductions in economic regulation of US transportation carriers occurred

d do-it-yourself (DIY) retailers

14 World trade grew at an average annual rate of approximately percent between

15 The approach indicates that a company’s objectives can be realized by

recognizing the mutual interdependence of major functional areas

a total cost

b supply chain

c interfunctional logistics

d intrafunctional logistics

19 A cost trade-off is a situation where:

a all costs react according to their individual degrees of inflation in the economy

b all costs are reflected as a percentage variation from standard costs

c some costs increase and some costs decrease

d some costs are eliminated by efficient management controls

20 The department often measures inventory in terms of its cost or value in dollars, whereas tends to measure inventory in terms of units

a marketing; logistics

b finance; production

c marketing; production

d finance; logistics

21 A common interface between production and logistics involves:

a the types of material handling equipment

b the length of production runs

c the use of plastic versus wood pallets

d the mode of transportation

22 refers to the delay of value-added activities such as assembly, production, and packaging to the latest possible time