1 2024/2025 Exam Questions and
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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 - 🧠ANSWER ✔✔A. Inventory Dwell Time
In government circles, acquisition has traditionally been referred to as
A. Purchasing
B. Procurement
C. Buying
D. Obtaining - 🧠ANSWER ✔✔B. Procurement
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,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 - 🧠ANSWER ✔✔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 - 🧠ANSWER ✔✔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
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, D. All of the choices are correct - 🧠ANSWER ✔✔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. - 🧠ANSWER ✔✔A. Utilizing
warehouses to create inventory assortments and achieve consolidation
economies.
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. - 🧠ANSWER ✔✔C. Ship
products direct to the consumers destination from. one or more locations.
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