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Exam (elaborations)

Buad 331 Exam 2 (Mod. 9) Questions With Verified Accurate Answers

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BUAD 331 EXAM 2 (MOD. 9) QUESTIONS WITH VERIFIED ACCURATE ANSWERS

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BUAD 331 EXAM 2 (MOD. 9) QUESTIONS WITH
VERIFIED ACCURATE ANSWERS

______ + ______ = Rate bargaining power when negotiating rates.

-Volume + Consistency
-Technology + Consistency
-Rates + Consistency
-Volume + Good Relationships
-Volume + Value Density - Answers -Volume + Consistency

Carriers will give you better rates if you give them revenue miles in ______________.

-Both cash and prizes
-Both cash and bonuses
-More delivery time
-Both directions
-Dollars - Answers -Both directions

What warehouse activity includes identifying the location of the product required to fill
an order?

-Shipping
-Order picking
-Put away
-Shipment assembly
-Towline - Answers -Order picking

What type of storage technique assigns a specific location for each SKU every time it is
stored?

-Assortment
-Random
-Product profiling
-Spot stocking
-Dedicated - Answers -Dedicated

What emerging trend will alleviate the need to carry certain inventory such as spare
automotive or aircraft parts?

-Drones
-Automation in warehouses
-Additive manufacturing
-Digital supply chains

, -People moving back to cities - Answers -Additive manufacturing

Which of these is NOT a key component of transportation management?

-Meet delivery promises
-Track and monitor goods in transport
-Process appropriate information to avoid regulatory approval
-Execute the move, ensuring goods are picked up and delivered on time and
undamaged - Answers -Process appropriate information to avoid regulatory approval

____________ is part of the supply chain involved in managing the forward and reverse
flow and storage of goods, services, and related information between the point of origin
and the point of consumption to meet customers' requirements.

-Procurement
-Logistics
-Transportation
-Negotiation - Answers -Logistics

What invention by Malcolm McLean revolutionized how products are shipped and
reduced cost so that it is considered a key facilitator of global trade?

-Drones
-Driverless trucks
-TARS from the movie Interstellar
-Shipping containers
-Forklifts - Answers -Shipping containers

What mode of transportation is the biggest competition for an inland barge?

-Truck
-Pipeline
-Rail
-Air
-Forklifts - Answers -Rail

What type of warehouse has the advantage of minimizing labor disputes, facilitating
economies of scale, and letting experts run the warehouse?

-Public
-Private
-Exempt
-Bonded logistics park
-Subcontracted - Answers -Public

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