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IDIS 240 VESTAL LATEST EXAM 2026.pdf 1. Document information

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IDIS 240 VESTAL LATEST EXAM 1. Document information

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IDIS 240 VESTAL LATEST EXAM 2026/2027 QUESTIONS
AND SOLUTIONS RATED A+
✔✔Logistics - ✔✔Wait Time
Delivery Time
Local Delivery
Reverse Logistics
Breaking Bulk
Packaging
Assortment
Local Access
Purchase Time

✔✔What is Customer Service? - ✔✔The greater the difference between the service
outputs of the manufacturer and the requirements of the consumer, the more likely
intermediaries will be used.

✔✔What are the Levels of distribution? - ✔✔Exclusive

Selective

Intensive

✔✔What is Supply Chain Management? - ✔✔A Management System that coordinates
and integrates all the activities preformed by supply chain members into a seamless
process, from the source to the point of consumption, resulting in enhanced customer
and economic value.

✔✔Contractor - ✔✔Person who provides supplies or service under contract

✔✔Breaking Bulk - ✔✔Shipping something in individual components

✔✔Why is Supply Chain needed? - ✔✔-inadequate finances for certain functions
-product assortment
-"contact efficiency"

✔✔What are the 5 Specific Outputs? - ✔✔-selling the product

-inventory on hand

-credit extending for customers

-transportation to customer's location

-servicing such as assembling product

, ✔✔Why Do Distributors have channel power? - ✔✔-they can economically provide the
services needed to get the product to the consumer

-they can anticipate future trends and future changes

-servicing and providing aftermarket support

✔✔What are the trends benefiting Distributors? - ✔✔-information of trends is becoming
more valuable

-JIT inventory always needs to be ready

-mass customization of products

-reduction of vendors

✔✔What are the levels of distribution? - ✔✔-Exclusive - one Maserati dealer

-Selective - few Rolex dealers

-Intensive - many Coca-Cola dealers

✔✔Product Based Purchasing - ✔✔buy off what will make a profit; old-fashioned

✔✔Consumer Based Purchasing - ✔✔buy based off what the customer needs

✔✔Receiving - ✔✔Must avoid error and be done in a timely manner

✔✔Counter Sales - ✔✔- interaction with a counter and display

✔✔Inside Sales - ✔✔no face to face interaction; difficult to sell

✔✔Outside Sales - ✔✔going to the customers place of business

✔✔When is a Sale Completed? - ✔✔A sale is completed once the product is bought
and utilized.

✔✔Order Filling - ✔✔Fulfilling an order once the ticket is printed; should be done in an
efficient manner

✔✔Buy Out - ✔✔When a distributor sells out of something, they must go to a local
dealer and buy it and sell for a loss in order to keep future business

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