BCOR 360 FINAL EXAM (NEWEST EXAM | ACTUAL
COMPLETE ALL REAL EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED ANSWERS) |
ALREADY GRADED A+ | LATEST EXAM 2025
/2026 | JUST RELEASED !!!
Which of these conditions is likely to cause a decrease in the
probability of a stockout? - ANSWER-lower lead times
The campus bookstore sells 4,000 sets of graduation regalia
each year. Placing an order from their supplier costs $25
regardless of order quantity, so they usually place a large order
(a half year's supply) at a time. It costs $5 per year to hold a cap
and gown in inventory, primarily insurance costs for the highly
flammable material.
What is their optimal order quantity? - ANSWER-200
Safety stock increases when - ANSWER-average demand
increases
Some companies want their supply chain partners (suppliers)
to co-locate, i.e., move as close as possible to them.
This would reduce - ANSWER-transportation inventoy
,The inventory that companies hold to protect themselves
against uncertainties in either demand or replenishment time is
called - ANSWER-safety stock
Which of these is NOT an assumption of the basic continuous
review model? - ANSWER-The order quantity is constant,
regardless of the demand.
Hart's Floral Shop sells bouquets for special occasions. Annual
demand is 500 bouquets, the company's cost to place an order
with its vendor is $25, and the cost to hold a bouquet in
inventory for a year is $15. If Hart orders from its vendor in
quantities of 45 bouquets, what is the total annual inventory
holding cost? Choose the closest number. - ANSWER-338
What percent of North American gross domestic product is
accounted for by logistics? - ANSWER-almost 8%
service firm that takes care of all of the logistics requirements
for other companies is a - ANSWER-third party logistics
provider.
,Which logistics activity accounts for the largest percentage of
logistics-related greenhouse gas emissions? - ANSWER-
highway
The drought of 2011 devastated hay crops in the plains states
and horse owners ranged far and wide to purchase hay for their
horses when winter arrived. Hay can be purchased "up north"
for $4 a bale and a few entrepreneurs with large trailers were
more than willing to pick up a few hundred bales and haul them
south where demand was high. The transportation cost was $6
per bale and a packing and loading cost of $1 was typical. The
landed cost of a bale of hay this winter was - ANSWER-11
Which of these statements about reverse logistics is BEST? –
ANSWER-Reverse logistics systems are usually less cost-
efficient than forward-based systems.
The landlord's favorite place to buy shrimp in New Orleans was
the Cajun Seafood market on Claiborne and he did not hesitate
to stock up on shrimp when he dropped by the shotgun double
house he bought as an investment a few years ago. Sadly, it
was 685 miles one way to visit the property and even though
gas was available at $1.88 per gallon and the car achieved 25
miles per gallon, it was an expensive trip. He packed a cooler
with $12 worth of ice regardless of the quantity of shrimp he
, bought to bring home. The shrimp were a bargain at $7.99 per
pound for jumbos and he always tried to fit 35 pounds of the
crustaceans in the cooler.
What is the landed cost of a pound of shrimp? - ANSWER-11.28
Your new Garden Weasel fails to "completely satisfy" you so
you decide to return it for a full refund. What is the name for the
system that will carry your weasel back to the manufacturer? -
ANSWER-reverse logistics
Acme wants to locate a warehouse to serve their major
customers that are shown in the table. What is the location that
will minimize the transportation costs for their family of
products?
Customer
Annual Volume
X-Coordinate
Y-Coordinate
Coyote, LLC
25
3
7
Destry
13
5
COMPLETE ALL REAL EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED ANSWERS) |
ALREADY GRADED A+ | LATEST EXAM 2025
/2026 | JUST RELEASED !!!
Which of these conditions is likely to cause a decrease in the
probability of a stockout? - ANSWER-lower lead times
The campus bookstore sells 4,000 sets of graduation regalia
each year. Placing an order from their supplier costs $25
regardless of order quantity, so they usually place a large order
(a half year's supply) at a time. It costs $5 per year to hold a cap
and gown in inventory, primarily insurance costs for the highly
flammable material.
What is their optimal order quantity? - ANSWER-200
Safety stock increases when - ANSWER-average demand
increases
Some companies want their supply chain partners (suppliers)
to co-locate, i.e., move as close as possible to them.
This would reduce - ANSWER-transportation inventoy
,The inventory that companies hold to protect themselves
against uncertainties in either demand or replenishment time is
called - ANSWER-safety stock
Which of these is NOT an assumption of the basic continuous
review model? - ANSWER-The order quantity is constant,
regardless of the demand.
Hart's Floral Shop sells bouquets for special occasions. Annual
demand is 500 bouquets, the company's cost to place an order
with its vendor is $25, and the cost to hold a bouquet in
inventory for a year is $15. If Hart orders from its vendor in
quantities of 45 bouquets, what is the total annual inventory
holding cost? Choose the closest number. - ANSWER-338
What percent of North American gross domestic product is
accounted for by logistics? - ANSWER-almost 8%
service firm that takes care of all of the logistics requirements
for other companies is a - ANSWER-third party logistics
provider.
,Which logistics activity accounts for the largest percentage of
logistics-related greenhouse gas emissions? - ANSWER-
highway
The drought of 2011 devastated hay crops in the plains states
and horse owners ranged far and wide to purchase hay for their
horses when winter arrived. Hay can be purchased "up north"
for $4 a bale and a few entrepreneurs with large trailers were
more than willing to pick up a few hundred bales and haul them
south where demand was high. The transportation cost was $6
per bale and a packing and loading cost of $1 was typical. The
landed cost of a bale of hay this winter was - ANSWER-11
Which of these statements about reverse logistics is BEST? –
ANSWER-Reverse logistics systems are usually less cost-
efficient than forward-based systems.
The landlord's favorite place to buy shrimp in New Orleans was
the Cajun Seafood market on Claiborne and he did not hesitate
to stock up on shrimp when he dropped by the shotgun double
house he bought as an investment a few years ago. Sadly, it
was 685 miles one way to visit the property and even though
gas was available at $1.88 per gallon and the car achieved 25
miles per gallon, it was an expensive trip. He packed a cooler
with $12 worth of ice regardless of the quantity of shrimp he
, bought to bring home. The shrimp were a bargain at $7.99 per
pound for jumbos and he always tried to fit 35 pounds of the
crustaceans in the cooler.
What is the landed cost of a pound of shrimp? - ANSWER-11.28
Your new Garden Weasel fails to "completely satisfy" you so
you decide to return it for a full refund. What is the name for the
system that will carry your weasel back to the manufacturer? -
ANSWER-reverse logistics
Acme wants to locate a warehouse to serve their major
customers that are shown in the table. What is the location that
will minimize the transportation costs for their family of
products?
Customer
Annual Volume
X-Coordinate
Y-Coordinate
Coyote, LLC
25
3
7
Destry
13
5
