SCM 414 EXAM 1 QUESTIONS & ANSWERS
The goal of logistics is to ______.
support procurement, manufacturing, and customer accommodation
Correct
support product delivery
support procurement and manufacturing
reduce total cost - Answers -support procurement, manufacturing, and customer
accommodation
Which one of these concepts is not part of logistical integration objectives?
Variance reduction.
Inventory reduction.
Using less parcel shipping.
Responsiveness. - Answers -Using less parcel shipping.
Facility network design is concerned with which of the following?
How many buildings.
The location of the buildings.
The ownership structure of the buildings.
All of the answers - Answers -All of the answers
Echelon logistics operating arrangements accomplish which of the following?
Utilize warehouses to create inventory assortments and achieve consolidation
economies.
Focus on reducing transportation cost.
Require at least 2 warehouse locations.
Are only used in the grocery industry. - Answers -Utilize warehouses to create
inventory assortments and achieve consolidation economies.
Logistics is ______.
the process that links supply chain participants into integrated operations
the catalyst of activity between different supply chain functional areas such as
procurement and warehousing
a critical component to supply chain success
concerned with getting the right product to the right place at the right time, at minimum
cost
All of the above - Answers -All of the above
A large, multinational company may have how many different logistics performance
cycles?
Every firm ultimately only has 1 logistics performance cycle.
Less than 10.
Greater than 10.
Potentially thousands. - Answers -Potentially thousands.
The goal of logistics is to ______.
support procurement, manufacturing, and customer accommodation
Correct
support product delivery
support procurement and manufacturing
reduce total cost - Answers -support procurement, manufacturing, and customer
accommodation
Which one of these concepts is not part of logistical integration objectives?
Variance reduction.
Inventory reduction.
Using less parcel shipping.
Responsiveness. - Answers -Using less parcel shipping.
Facility network design is concerned with which of the following?
How many buildings.
The location of the buildings.
The ownership structure of the buildings.
All of the answers - Answers -All of the answers
Echelon logistics operating arrangements accomplish which of the following?
Utilize warehouses to create inventory assortments and achieve consolidation
economies.
Focus on reducing transportation cost.
Require at least 2 warehouse locations.
Are only used in the grocery industry. - Answers -Utilize warehouses to create
inventory assortments and achieve consolidation economies.
Logistics is ______.
the process that links supply chain participants into integrated operations
the catalyst of activity between different supply chain functional areas such as
procurement and warehousing
a critical component to supply chain success
concerned with getting the right product to the right place at the right time, at minimum
cost
All of the above - Answers -All of the above
A large, multinational company may have how many different logistics performance
cycles?
Every firm ultimately only has 1 logistics performance cycle.
Less than 10.
Greater than 10.
Potentially thousands. - Answers -Potentially thousands.
