Question 1 of 35 1.43/ 1.43 Points
Which of the following levels of supply chain information systems is most likely to provide the firm with a competitive advantage?
Question 2 of 35 0.0/ 1.43 Points
A supply chain compliance system
A.Results in reduced inventories
B.Authorizes that the trade partners are authorized economic operators
In C.Monitors C-TPAT compliance
D.B and C
Question 3 of 35 0.0/ 1.43 Points
The objective of Extensible Markup Language (XML)
In A.Allow for more flexibility when exchanging information between supply chain partners
B.Defines precise formats for information exchange
C.Can be easily converted to Hyper Text Markup Language (HTML)
D.A and C
Question 4 of 35 0.0/ 1.43 Points
Software as a Service (SaaS) allows for all of the following except
A.Shifts much of the software and related hardware cost from fixed to variable based on time or number of transactions
B.Typically allows data access via the Internet
C.Increase company control over data
In D.Reduces the need for firms to develop and maintain specialized expertise
Question 5 of 35 0.0/ 1.43 Points
Knowing the location and status of inventory and resources is referred to as:
Question 6 of 35 1.43/ 1.43 Points
The land bridge combines sea and rail transport
Question 7 of 35 1.43/ 1.43 Points
Air transport is characterized by low fixed and high variable cost
Question 8 of 35 1.43/ 1.43 Points
The transportation mode having the best overall operating characteristics is truck.
Question 9 of 35 1.43/ 1.43 Points
Since 1995 the use of intermodal transportation has:
A.Remained about the same
Question 10 of 35 1.43/ 1.43 Points
Among the following choices which is typically the most expensive transportation mode:
Question 11 of 35 1.43/ 1.43 Points
The transportation economic principle that deals with economy of distance is:
Question 12 of 35 1.43/ 1.43 Points
If a transportation vehicle has completed a delivery and is returned empty, the situation is called a:
Question 13 of 35 1.43/ 1.43 Points
With respect to transportation regulation today:
A.There is no economic regulation of transportation
B.There is more economic regulation than ever before
C.There is very little safety/social regulation
D.There is more safety/social regulation than ever before
Question 14 of 35 0.0/ 1.43 Points
Which combination of transportation operating service characteristics not ?
A.Speed: air is best; pipeline is worst
B.Availability: motor is best; pipeline is worst
C.Capability: air is best; truck is worst
In D.Dependability: pipeline is best; air is worst
Question 15 of 35 0.0/ 1.43 Points
What happens to the EOQ when the unit cost increases (assuming all other variables remain the same)?
A.EOQ does not change
In B.EOQ increases
D.EOQ remains the same
Question 16 of 35 1.43/ 1.43 Points
When calculating a Reorder Point (ROP), which of the following factors WOULD NOT affect the calculation?
B.Delivery lead time.
C.Demand during the delivery lead time.
D.Standard deviation of demand during delivery lead time.
Question 17 of 35 1.43/ 1.43 Points
A batch of Raisin Bran that has been made at Kellogg's, but not yet packaged in its final cereal box would be an example of ______ inventory.
D.Maintenance, repair and operating supplies (MRO)
Question 18 of 35 1.43/ 1.43 Points
Which of the following is included in the cost of carrying inventory?
A.Heating and lighting a warehouse
D.All of the above
Question 19 of 35 0.0/ 1.43 Points
______________ ______________ is the primary reason that time to market has decreased over the past two decades.
Question 20 of 35 1.43/ 1.43 Points
Supply Chain Management promotes a network of highly efficient independent businesses?
Question 21 of 35 0.0/ 1.43 Points
There are eight critical supply chain processes?
Question 22 of 35 1.43/ 1.43 Points
A Supply Chain is best described by which of the following:
A.A group of cooperative carriers
B.A formal association of competitive companies
C.Two firms who create a strategic alliance
D.A group of collaborative companies
Question 23 of 35 1.43/ 1.43 Points
Collaboration is the act of:
A.Sharing secret information
B.Working with competitors
C.Integrating a supply chain
D.Legal in selected supply chain arrangements
Question 24 of 35 0.0/ 1.43 Points
Cash-to Cash Conversion?
A.Is typically related to inventory turn
B.Is related to freight payment
C.Is the time required to convert raw materials into finished inventory
In D.Is a measure of manufacturing efficiency
Question 25 of 35 0.0/ 1.43 Points
The primary reason that total logistics cost has reduced as a percentage of GDP is:
A.Nominal GDP has increased
B.Transportation has decreased as a percent of total cost
C.Inventory has decreased as a percent of total cost
In D.Inventory has increased as a percent of total cost
Question 26 of 35 0.0/ 1.43 Points
The "Pareto Principle" is:
A.Unique to logistical performance measurement
B.A concept developed in manufacturing to integrate logistics and procurement
C.Used in logistics to develop fine line inventory classification
In D.Seldom the result of logistics system design
Question 27 of 35 0.0/ 1.43 Points
In general, offering consumers higher levels of service output in terms of greater spatial convenience or product variety results in ________ logistics and distribution cost. Higher
higher or increased
Question 28 of 35 0.0/ 1.43 Points
The customer accommodation cycle for make-to-plan items is typically longer than the cycle for assemble-to-order items.
Question 29 of 35 0.0/ 1.43 Points
Make-to-order strategies typically have lower inventory and warehousing cost than make-to plan strategies.
Question 30 of 35 0.0/ 1.43 Points
Which of the following reflects does not reflect a strategic focus on procurement?
A.focus on total cost of ownership.
B.supply base reduction.
C.focus on purchase price.
In D.win-win negotiation.
Question 31 of 35 1.43/ 1.43 Points
From a strategic perspective, companies should strive to:
A.provide customer success to all customers
B.realize different customer accommodation approaches may be appropriate for different customers
C.all customers desire close customer success types of relationships
D.never refuse to do business with a customer
Question 32 of 35 1.43/ 1.43 Points
The most exacting measure of logistics performance regarding availability is:
B.Orders shipped complete
D.Average number of items on hand
Question 33 of 35 0.0/ 1.43 Points
Achieving customer satisfaction with logistical performance does not mean that customers will be loyal.
Question 34 of 35 0.0/ 1.43 Points
This manufacturing approach typically has the longest customer experienced lead time?
Question 35 of 35 1.38/ 1.38 Points
Providing greater spatial convenience to customers typically requires greater logisitics expense.