MKT 411 Chapter 9-13 MindTap Questions With Complete Solutions
A current warehouse system has five warehouses with 4,000 units at each warehouse. The company
desires to change to three warehouses to become more centralized and keep the same customer service
levels. Determine the average warehouse inventory levels, using the square root rule. (Choose the
closest answer.)
a. 11,619
b. 6,667
c. 15,492
d. 25,820 - (ANSWER)c. 15,492
Which of the following marked the end of the initial push by Congress to deregulate the entire U.S.
transportation industry?
a. The Transportation Act of 1920
b. The Shipping Act of 1984
c. The Granger Laws
d. The Interstate Commerce Act of 2013 - (ANSWER)b. The Shipping Act of 1984
It is argued that transportation deregulation is good because:
a. it ensures adequate transportation service throughout the country
b. it encourages competition
c. it protects consumers in terms of monopoly pricing
d. all of these choices are correct - (ANSWER)b. it encourage competition
________________ are the most flexible mode of transportation and account for 70 percent of all the
freight tonnage moved in the U.S.
a. rail carriers
,MKT 411 Chapter 9-13 MindTap Questions With Complete Solutions
b. air carriers
c. water carriers
d. motor carriers - (ANSWER)d. motor carriers
Which of the following is a direct benefit from the adoption of NAFTA?
a. a reduction in immigrants crossing the border from Mexico
b. an increase in trade between U.S. and China
c. an increase in manufacturing job opportunities in the U.S.
d. an increase in trade between U.S., Canada, and Mexico - (ANSWER)d. an increase in trade between
U.S., Canada, and Mexico
Reverse logistics can have a positive impact on the environment through activities such as?
a. recycling
b. risk pooling
c. reneging
d. data warehousing - (ANSWER)a. recycling
For integrated supply chains, logistics is considered:
a. somewhat important
b. not at all important
c. important
d. critically important - (ANSWER)d. critically important
The acts of receiving shipments, breaking down shipments, repackaging shipments, and distributing
components to a manufacturing location or finished products to customers by a distribution center is
referred to as:
a. piggy backing
b. risk pooling
c. customs brokering
, MKT 411 Chapter 9-13 MindTap Questions With Complete Solutions
d. crossdocking - (ANSWER)d. crossdocking
What type of firm would be most interested in using a third-party logistics service?
a. A freight forwarder
b. Small firm with no logistics expertise
c. Large integrated global manufacturing company
d. A for-hire transportation company - (ANSWER)b. small firm with no logistics expertise
Returns management is also known as _______.
a. Inverted logistics
b. Backward logistics
c. Reverse logistics
d. Waste reduction - (ANSWER)c. reverse logistics
A primary advantage for motor carriers is the weather.
a. True b. False - (ANSWER)b. False
_______________ carry the majority of the world's water-transported manufactured goods.
a. Barges
b. Supertankers
c. Containerships
d. None of these choices are correct. - (ANSWER)c. containerships
A ___________________ consolidates large numbers of small shipments to fill entire truck trailers or rail
cars to achieve truckload or carload transportation rates.
a. Load broker
b. Transportation broker
c. Consolidation forwarder
A current warehouse system has five warehouses with 4,000 units at each warehouse. The company
desires to change to three warehouses to become more centralized and keep the same customer service
levels. Determine the average warehouse inventory levels, using the square root rule. (Choose the
closest answer.)
a. 11,619
b. 6,667
c. 15,492
d. 25,820 - (ANSWER)c. 15,492
Which of the following marked the end of the initial push by Congress to deregulate the entire U.S.
transportation industry?
a. The Transportation Act of 1920
b. The Shipping Act of 1984
c. The Granger Laws
d. The Interstate Commerce Act of 2013 - (ANSWER)b. The Shipping Act of 1984
It is argued that transportation deregulation is good because:
a. it ensures adequate transportation service throughout the country
b. it encourages competition
c. it protects consumers in terms of monopoly pricing
d. all of these choices are correct - (ANSWER)b. it encourage competition
________________ are the most flexible mode of transportation and account for 70 percent of all the
freight tonnage moved in the U.S.
a. rail carriers
,MKT 411 Chapter 9-13 MindTap Questions With Complete Solutions
b. air carriers
c. water carriers
d. motor carriers - (ANSWER)d. motor carriers
Which of the following is a direct benefit from the adoption of NAFTA?
a. a reduction in immigrants crossing the border from Mexico
b. an increase in trade between U.S. and China
c. an increase in manufacturing job opportunities in the U.S.
d. an increase in trade between U.S., Canada, and Mexico - (ANSWER)d. an increase in trade between
U.S., Canada, and Mexico
Reverse logistics can have a positive impact on the environment through activities such as?
a. recycling
b. risk pooling
c. reneging
d. data warehousing - (ANSWER)a. recycling
For integrated supply chains, logistics is considered:
a. somewhat important
b. not at all important
c. important
d. critically important - (ANSWER)d. critically important
The acts of receiving shipments, breaking down shipments, repackaging shipments, and distributing
components to a manufacturing location or finished products to customers by a distribution center is
referred to as:
a. piggy backing
b. risk pooling
c. customs brokering
, MKT 411 Chapter 9-13 MindTap Questions With Complete Solutions
d. crossdocking - (ANSWER)d. crossdocking
What type of firm would be most interested in using a third-party logistics service?
a. A freight forwarder
b. Small firm with no logistics expertise
c. Large integrated global manufacturing company
d. A for-hire transportation company - (ANSWER)b. small firm with no logistics expertise
Returns management is also known as _______.
a. Inverted logistics
b. Backward logistics
c. Reverse logistics
d. Waste reduction - (ANSWER)c. reverse logistics
A primary advantage for motor carriers is the weather.
a. True b. False - (ANSWER)b. False
_______________ carry the majority of the world's water-transported manufactured goods.
a. Barges
b. Supertankers
c. Containerships
d. None of these choices are correct. - (ANSWER)c. containerships
A ___________________ consolidates large numbers of small shipments to fill entire truck trailers or rail
cars to achieve truckload or carload transportation rates.
a. Load broker
b. Transportation broker
c. Consolidation forwarder
