SCM 413 MULTIPLE CHOICE SECTION
EXAM 1 QUESTIONS AND CORRECT
ANSWERS
The more significant the service ________ impact upon a customer's business, the greater the
priority placed on error-free logistical performance.
A. Cost
B. Complexity
C. Failure
D. Growth ANSW✅✅C. Failure
Dealing with the varied aspects of serving customers is typically called
A. Customer Management
B. Customer Accommodation
C. Customer Servicing
D. Customer Appreciation ANSW✅✅B. Customer Accommodation
Facility network design is concerned with which of the following?
A. How many buildings
B. The locations of buildings
C. The ownership structure of the buildings
D. All of the choices are correct ANSW✅✅D. All of the above
Echelon logistics operating arrangements are characterized by which of the following?
A. Utilizing warehouses to create inventory assortments and achieve consolidation economies.
B. Focusing on reducing transportation cost.
C. Presence of at least 2 warehouse locations.
D. Application only in the grocery industry. ANSW✅✅A. Utilizing warehouses to create inventory
assortments and achieve consolidation economies.
, At the heart of supply chain integration is the goal of leveraging partners' core competencies to
achieve overall reduction of
A. Inventory Dwell Time
B. Inventory turnover rate
C. Improved cash flow
D. Reduced Warehouse time ANSW✅✅A. Inventory Dwell Time
In government circles, acquisition has traditionally been referred to as
A. Purchasing
B. Procurement
C. Buying
D. Obtaining ANSW✅✅B. Procurement
Direct logistics operating arrangements accomplish which of the following?
A. Place product in warehouses for consolidation.
B. Focus on reducing transportation cost.
C. Ship products direct to the consumers destination from one or more locations.
D. Utilizes lowest possible transportation costs. ANSW✅✅C. Ship products direct to the
consumers destination from. one or more locations.
The goal of logistics is to ________
A. support procurement, manufacturing, and customer accommodation
B. support product delivery
C. support procurement and manufacturing
D. reduce total cost ANSW✅✅A. support procurement, manufacturing, and customer
accommodation
A large, multinational company may have how many different logistics performance cycles?
A. Every firm ultimately only has 1 logistics performance cycle.
B. Less than 10
C. Between 10 and 50
D. Potentially thousands ANSW✅✅D. Potentially thousands
EXAM 1 QUESTIONS AND CORRECT
ANSWERS
The more significant the service ________ impact upon a customer's business, the greater the
priority placed on error-free logistical performance.
A. Cost
B. Complexity
C. Failure
D. Growth ANSW✅✅C. Failure
Dealing with the varied aspects of serving customers is typically called
A. Customer Management
B. Customer Accommodation
C. Customer Servicing
D. Customer Appreciation ANSW✅✅B. Customer Accommodation
Facility network design is concerned with which of the following?
A. How many buildings
B. The locations of buildings
C. The ownership structure of the buildings
D. All of the choices are correct ANSW✅✅D. All of the above
Echelon logistics operating arrangements are characterized by which of the following?
A. Utilizing warehouses to create inventory assortments and achieve consolidation economies.
B. Focusing on reducing transportation cost.
C. Presence of at least 2 warehouse locations.
D. Application only in the grocery industry. ANSW✅✅A. Utilizing warehouses to create inventory
assortments and achieve consolidation economies.
, At the heart of supply chain integration is the goal of leveraging partners' core competencies to
achieve overall reduction of
A. Inventory Dwell Time
B. Inventory turnover rate
C. Improved cash flow
D. Reduced Warehouse time ANSW✅✅A. Inventory Dwell Time
In government circles, acquisition has traditionally been referred to as
A. Purchasing
B. Procurement
C. Buying
D. Obtaining ANSW✅✅B. Procurement
Direct logistics operating arrangements accomplish which of the following?
A. Place product in warehouses for consolidation.
B. Focus on reducing transportation cost.
C. Ship products direct to the consumers destination from one or more locations.
D. Utilizes lowest possible transportation costs. ANSW✅✅C. Ship products direct to the
consumers destination from. one or more locations.
The goal of logistics is to ________
A. support procurement, manufacturing, and customer accommodation
B. support product delivery
C. support procurement and manufacturing
D. reduce total cost ANSW✅✅A. support procurement, manufacturing, and customer
accommodation
A large, multinational company may have how many different logistics performance cycles?
A. Every firm ultimately only has 1 logistics performance cycle.
B. Less than 10
C. Between 10 and 50
D. Potentially thousands ANSW✅✅D. Potentially thousands
