UTK SCM 413 Exam 1 Questions With Complete Solutions
'Spot-stocking' of inventory is the practice of what? Correct
Answers Placing inventory in a local warehouse in anticipation
of future need in that local market
A company with limited experience in warehousing and a need
to establish temporary warehouse facilities in multiple
geographical locations would most likely use: Correct Answers
public warehouses.
A cross-dock facility: Correct Answers converts incoming
shipments from suppliers to outgoing shipments for delivery.
A customer has requested that the Jones firm perform product
labelling in their distribution warehouse. Jones firm is doing
what? Correct Answers performing value added services.
A firm should strive to offer high availability (fill rates) and
consistent delivery (lead time) for all products. Correct Answers
False
A firm that groups small shipments for delivery to a retail mall
is doing ______. Correct Answers consolidation
A firm that supports an automotive assembly plant by providing
just-in time inventory is engaged in ______. Correct Answers
Sequencing
, A firm that supports an automotive assembly plant by providing
just-in time inventory is engaged in: Correct Answers
Sequencing
A firm which provides critical operations functionality to
members of a supply chain is a(n): Correct Answers integrated
service supplier (ISP).
A firm's ability to satisfy customer requirements in a timely
manner is referred to as Correct Answers Responsiveness
A high-quality logistics system offers high levels of inventory
availability and predictable operational performance. This is
what known as: Correct Answers service reliability.
A supply chain is best described as a(n)________blank of
________blank companies. Correct Answers group,
collaborative
According to the textbook, which of the following is not one of
the six operational objectives that must be achieved to
operationalize logistical integration? Correct Answers Shipment
Size
After estimating a safety stock level, a logistician discovers that
the average lead time used to develop this estimate is actually
25% higher. This means: Correct Answers Safety stock
requirements must be increased
'Spot-stocking' of inventory is the practice of what? Correct
Answers Placing inventory in a local warehouse in anticipation
of future need in that local market
A company with limited experience in warehousing and a need
to establish temporary warehouse facilities in multiple
geographical locations would most likely use: Correct Answers
public warehouses.
A cross-dock facility: Correct Answers converts incoming
shipments from suppliers to outgoing shipments for delivery.
A customer has requested that the Jones firm perform product
labelling in their distribution warehouse. Jones firm is doing
what? Correct Answers performing value added services.
A firm should strive to offer high availability (fill rates) and
consistent delivery (lead time) for all products. Correct Answers
False
A firm that groups small shipments for delivery to a retail mall
is doing ______. Correct Answers consolidation
A firm that supports an automotive assembly plant by providing
just-in time inventory is engaged in ______. Correct Answers
Sequencing
, A firm that supports an automotive assembly plant by providing
just-in time inventory is engaged in: Correct Answers
Sequencing
A firm which provides critical operations functionality to
members of a supply chain is a(n): Correct Answers integrated
service supplier (ISP).
A firm's ability to satisfy customer requirements in a timely
manner is referred to as Correct Answers Responsiveness
A high-quality logistics system offers high levels of inventory
availability and predictable operational performance. This is
what known as: Correct Answers service reliability.
A supply chain is best described as a(n)________blank of
________blank companies. Correct Answers group,
collaborative
According to the textbook, which of the following is not one of
the six operational objectives that must be achieved to
operationalize logistical integration? Correct Answers Shipment
Size
After estimating a safety stock level, a logistician discovers that
the average lead time used to develop this estimate is actually
25% higher. This means: Correct Answers Safety stock
requirements must be increased
