WGU D470 Transportation and Logistics Exam
With Complete Solutions!!
volume-to-weight ratio - ANSWER>>volume (L x W x H)/weight
Allows for effective utilization of space and avoidance of mode restrictions.
Stages of PLC - ANSWER>>Introductory Stage, Growth Stage, Maturity Stage, Decline
Stage
4 Vs of Operation Management? (Unilever's Operations Manageent) -
ANSWER>>Volume, Variety, Variability and Visibility.
Volume Operational Production Strategy - ANSWER>>Concerned with the amount of
production of a particular product, that is to be produced to meet its overall demand in
the market. Physical number of units or items produced
Variety Operational Production Strategy - ANSWER>>Concerned with the assortment
of goods/services to be manufactured and sold to customers. Diversity. Selling diverse
products or services assists organizations in raising their sales and profit potential
while reducing product dependence.
Variation Operational Production Strategy - ANSWER>>Refers to how much the level
of demand changes over some time due to external factors.
Visibility Operational Production Strategy - ANSWER>>Refers to value chain of a
company's all processes put together.
Project Production - ANSWER>>one-at-a-time production of a product made to
customer order
,Mass Production - ANSWER>>Process of making large quantities of a product quickly
and cheaply
Continuous Production - ANSWER>>the production of a very-high-volume commodity
product with highly automated equipment. Machines constantly make the product.
Batch Production - ANSWER>>producing a limited number of identical products - each
item in the batch passes through one stage of production before passing on to the next
stage
Time Performance - ANSWER>>A measure of how often a supplier meets agreed-upon
delivery dates (used in supply-chain management metrics).
Quality Performance - ANSWER>>The product or service performs the function
identified by the consumer. (minimize waste)
Flexibility Performance - ANSWER>>The ability to respond proactively or reactively to
uncertainties in the business environment.
Dependability Performance - ANSWER>>Can be counted on to follow through and
achieve results with consistency. (the way it was intended and on time)
Log-Reengineering Process-LRP Goal ANSWER >>Analyze workflow both within and
between enterprises where the objective is to achieve maximum efficiency in the
end-to-end process and to eliminate tasks that do not add value for customers. Utilized
to attain quantum gains in operational efficiencies.
Reverse Logistics ANSWER The area of logistics dealing with bringing goods back to
the manufacturer due to defects or to recycle materials.
Cross-docking - ANSWER>>A technique whereby goods arriving at a warehouse from
, a supplier are unloaded from the supplier's truck and loaded onto outbound trucks,
thereby avoiding warehouse storage.
Postponement - ANSWER>>a hybrid production method whereby basic units of a
finished good are manufactured in advance of actual demand and held in strategic form
or location until demand occurs, when final customization takes place
What is the most effective strategy to reduce empty miles in haulage? -
ANSWER>>Picking up lots from suppliers after drop-off to customers. (ex. picking up
raw materials on the way back to the warehouse from customer deliveries)
Operational Decision in Shipping Company's Functionality - ANSWER>>Vehicle
maintenance.
Operational Decisions - ANSWER>>Short-term decisions usually made on a weekly,
daily, or hourly basis.
Outsourcing Drivers ANSWER>>* Opportunity for users to concentrate on their core
business or core competence.
* Organisational and cost gains
* Focus their managerial skills in their core business
* Accessibility to broader knowledge. (tech and experience)
* Capital cost advantage as there is no need to invest into the facilities and resources
for the distribution.
* Lower ownership and responsibility taken off of the balance sheet=more profitable on
paper
* Economies of scale
* More transparency in operating costs
* Flexibility
Outsourcing Strategy - ANSWER>>* Development of an invitation to contractors to bid
on the work. Request For Information (RFI)
With Complete Solutions!!
volume-to-weight ratio - ANSWER>>volume (L x W x H)/weight
Allows for effective utilization of space and avoidance of mode restrictions.
Stages of PLC - ANSWER>>Introductory Stage, Growth Stage, Maturity Stage, Decline
Stage
4 Vs of Operation Management? (Unilever's Operations Manageent) -
ANSWER>>Volume, Variety, Variability and Visibility.
Volume Operational Production Strategy - ANSWER>>Concerned with the amount of
production of a particular product, that is to be produced to meet its overall demand in
the market. Physical number of units or items produced
Variety Operational Production Strategy - ANSWER>>Concerned with the assortment
of goods/services to be manufactured and sold to customers. Diversity. Selling diverse
products or services assists organizations in raising their sales and profit potential
while reducing product dependence.
Variation Operational Production Strategy - ANSWER>>Refers to how much the level
of demand changes over some time due to external factors.
Visibility Operational Production Strategy - ANSWER>>Refers to value chain of a
company's all processes put together.
Project Production - ANSWER>>one-at-a-time production of a product made to
customer order
,Mass Production - ANSWER>>Process of making large quantities of a product quickly
and cheaply
Continuous Production - ANSWER>>the production of a very-high-volume commodity
product with highly automated equipment. Machines constantly make the product.
Batch Production - ANSWER>>producing a limited number of identical products - each
item in the batch passes through one stage of production before passing on to the next
stage
Time Performance - ANSWER>>A measure of how often a supplier meets agreed-upon
delivery dates (used in supply-chain management metrics).
Quality Performance - ANSWER>>The product or service performs the function
identified by the consumer. (minimize waste)
Flexibility Performance - ANSWER>>The ability to respond proactively or reactively to
uncertainties in the business environment.
Dependability Performance - ANSWER>>Can be counted on to follow through and
achieve results with consistency. (the way it was intended and on time)
Log-Reengineering Process-LRP Goal ANSWER >>Analyze workflow both within and
between enterprises where the objective is to achieve maximum efficiency in the
end-to-end process and to eliminate tasks that do not add value for customers. Utilized
to attain quantum gains in operational efficiencies.
Reverse Logistics ANSWER The area of logistics dealing with bringing goods back to
the manufacturer due to defects or to recycle materials.
Cross-docking - ANSWER>>A technique whereby goods arriving at a warehouse from
, a supplier are unloaded from the supplier's truck and loaded onto outbound trucks,
thereby avoiding warehouse storage.
Postponement - ANSWER>>a hybrid production method whereby basic units of a
finished good are manufactured in advance of actual demand and held in strategic form
or location until demand occurs, when final customization takes place
What is the most effective strategy to reduce empty miles in haulage? -
ANSWER>>Picking up lots from suppliers after drop-off to customers. (ex. picking up
raw materials on the way back to the warehouse from customer deliveries)
Operational Decision in Shipping Company's Functionality - ANSWER>>Vehicle
maintenance.
Operational Decisions - ANSWER>>Short-term decisions usually made on a weekly,
daily, or hourly basis.
Outsourcing Drivers ANSWER>>* Opportunity for users to concentrate on their core
business or core competence.
* Organisational and cost gains
* Focus their managerial skills in their core business
* Accessibility to broader knowledge. (tech and experience)
* Capital cost advantage as there is no need to invest into the facilities and resources
for the distribution.
* Lower ownership and responsibility taken off of the balance sheet=more profitable on
paper
* Economies of scale
* More transparency in operating costs
* Flexibility
Outsourcing Strategy - ANSWER>>* Development of an invitation to contractors to bid
on the work. Request For Information (RFI)
