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SCM 301 Final Examination and Already Solved Solutions 2026 Updated.

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Warehousing - Answer Companies storing their purchases, work-in progress, and finished goods Distribution Center - Answer A warehouse that is used to receive bulk shipments, break them down, repackage items, and distribute them to a manufacturing center or retail center Crossdocking - Answer Unloading an inbound vehicle and reloading the product onto an outbound vehicle with little to no storage Sorting - Answer Separating products into grades and qualities Assorting - Answer Building up a variety of products Risk Pooling - Answer the relationship between the number of warehouses, system inventories, and customer service. The effect of risk pooling can be estimated by the square root rule. More Centralized - Answer = lower safety stock, lower average inventory, higher lead times More Decentralized - Answer = higher safety stock, higher average inventory, lower lead times Consolidation Warehouse - Answer collect LTL shipments for transport in TL/CL quantities Private Warehouse - Answer warehouses that are owned and used by an organization (used by large companies, high volume of products, fixed cost) Public (3PL) Warehouse - Answer warehouses that are rented or leased to an organization by another organization (used by smaller companies, low volume of products, variable cost) Cold Chains Warehouse - Answer - temperate controlled transportation and warehouses Benefits of Private Warehouses - Answer • reduces purchasing and transportation cost

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SCM 301 Final Examination and
Already Solved Solutions 2026
Updated.
Warehousing - Answer Companies storing their purchases, work-in progress, and finished
goods



Distribution Center - Answer A warehouse that is used to receive bulk shipments, break them
down, repackage items, and distribute them to a manufacturing center or retail center



Crossdocking - Answer Unloading an inbound vehicle and reloading the product onto an
outbound vehicle with little to no storage



Sorting - Answer Separating products into grades and qualities



Assorting - Answer Building up a variety of products



Risk Pooling - Answer the relationship between the number of warehouses, system
inventories, and customer service. The effect of risk pooling can be estimated by the square
root rule.



More Centralized - Answer = lower safety stock, lower average inventory, higher lead times



More Decentralized - Answer = higher safety stock, higher average inventory, lower lead
times



Consolidation Warehouse - Answer collect LTL shipments for transport in TL/CL quantities



Private Warehouse - Answer warehouses that are owned and used by an organization (used
by large companies, high volume of products, fixed cost)



Public (3PL) Warehouse - Answer warehouses that are rented or leased to an organization by
another organization (used by smaller companies, low volume of products, variable cost)



Cold Chains Warehouse - Answer - temperate controlled transportation and warehouses



Benefits of Private Warehouses - Answer • reduces purchasing and transportation cost

, • more control

• tax advantages



Disadvantages of Private Warehouses - Answer • financial risk, can't spend that money
elsewhere

• insurance companies prefer to insure public



Benefits of Public Warehouses - Answer • Flexibility and investment cost savings

• 3PL repackaging, assembling, short & long term storage



Disadvantage of Public Warehouses - Answer Lack of Control



Basic Warehouse Operations - Answer • Movement- receiving, putting away, order picking,
shipping

• Storage- Warehouse management system (where product is store, how much you have)



Warehouse Productivity Measures - Answer • productivity ratio

• orders correctly filled

• pounds/units per day



Warehousing Trends - Answer • More public warehouses (3PL)

• sharing information within company and with customers

• added value by packaging or assembling products



Transportation Management Systems - Answer software that allows companies to select the
best mix of transportation modes, services, and pricing



Global Trade Management Systems - Answer provide global visibility, standardization, and
documentation of imports/exports as goods are shipped between countries



Warehouse Management Systems - Answer Software facilitating the proper storage and
movement of inventory



Bill of Lading - Answer common carrier is responsible for all losses, damages, delays in
shipment besides acts of nature. States what supplier is shipping.



Reverse Logistics - Answer Movement of goods from the customer back to the supplier

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