OMGT FINAL MC PT. 3 EXAM
QUESTIONS AND ANSWERS
The transportation mode other than highway with the highest annual tonnage in the
United States is: - Correct Answers -A) rail.
Which of these statements about reverse logistics is BEST? - Correct Answers -D)
Reverse logistics systems are usually less cost-efficient than forward-based systems.
The transportation mode with the highest dollar value of freight in the United States is: -
Correct Answers -D) highway.
A logistics manager uses this type of system to select a carrier for an outgoing shipment
or to develop a weekly schedule of deliveries. - Correct Answers -B) planning
Which of these is NOT a logistics activity? - Correct Answers -A) inspection
What percent of North American gross domestic product is accounted for by logistics? -
Correct Answers -D) almost 8 percent
Which of the following statements about learning curves is BEST? - Correct Answers -
C) Underestimated learning effects may cause overestimation of capacity needs.
A firm that is interested in consistent on-time delivery would probably design their
transportation and warehousing system to include: - Correct Answers -A) air
transportation with a spot stock warehouse.
The mode of transportation that is highly cost effective for bulky items but has relatively
poor delivery reliability and speed is: - Correct Answers -B) water.
A company that makes the rocket widget has one machine capable of producing this
unique item. The machine requires an attendant, who works 40 hours a week for $12
per hour and has made himself available for a maximum of 8 hours of overtime. It costs
$20 per hour to run the machine and it is capable of producing 10,000 rocket widgets
per hour. The widgets sell for $10 per hundred and cost $1 per hundred in materials. If
the production manager wishes to develop a sales and operations plans using an
optimization model, which of the following statements is valid? - Correct Answers -D)
None of these statements will help plan production using optimization modeling.
QUESTIONS AND ANSWERS
The transportation mode other than highway with the highest annual tonnage in the
United States is: - Correct Answers -A) rail.
Which of these statements about reverse logistics is BEST? - Correct Answers -D)
Reverse logistics systems are usually less cost-efficient than forward-based systems.
The transportation mode with the highest dollar value of freight in the United States is: -
Correct Answers -D) highway.
A logistics manager uses this type of system to select a carrier for an outgoing shipment
or to develop a weekly schedule of deliveries. - Correct Answers -B) planning
Which of these is NOT a logistics activity? - Correct Answers -A) inspection
What percent of North American gross domestic product is accounted for by logistics? -
Correct Answers -D) almost 8 percent
Which of the following statements about learning curves is BEST? - Correct Answers -
C) Underestimated learning effects may cause overestimation of capacity needs.
A firm that is interested in consistent on-time delivery would probably design their
transportation and warehousing system to include: - Correct Answers -A) air
transportation with a spot stock warehouse.
The mode of transportation that is highly cost effective for bulky items but has relatively
poor delivery reliability and speed is: - Correct Answers -B) water.
A company that makes the rocket widget has one machine capable of producing this
unique item. The machine requires an attendant, who works 40 hours a week for $12
per hour and has made himself available for a maximum of 8 hours of overtime. It costs
$20 per hour to run the machine and it is capable of producing 10,000 rocket widgets
per hour. The widgets sell for $10 per hundred and cost $1 per hundred in materials. If
the production manager wishes to develop a sales and operations plans using an
optimization model, which of the following statements is valid? - Correct Answers -D)
None of these statements will help plan production using optimization modeling.
