International Logistics Exam 1 Study questions
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with correct detailed answers
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As |discussed |in |class, |what |kind |of |supply |chain |lies |within |the |"zone |of |strategic
fit"? |- |CORRECT |ANSWER-Certain |demand |and |efficient |supply |chain.
As |discussed |in |class, |choose |the |appropriate |supply |chain |strategy |which |matches
the |correct |lifecycle |stage: |- |CORRECT |ANSWER-Forecasting |and |increasing |capacity |during |product |
growth.
The |supplier |scoring |model |discussed |in |class |includes |all |of |the |following |except: |- |CORRECT |
ANSWER-Customer |order |cycle.
As |reported |in |the |Motorola |article, |benefits |of |the |Motorola |Internet |Negotiation
Tool |include |all |of |the |following |except |- |CORRECT |ANSWER-The |ability |to |engage |less |suppliers |in |the
|negotiations.
Items |that |have |high |profit |impact |and |high |supply |risk |are |classified |in |terms |of
purchasing |requirements |as |what |type |of |item? |- |CORRECT |ANSWER-A. |Strategic
What |is |a |supply |chain? |- |CORRECT |ANSWER-The |system |of |suppliers, |manufacturers, |transportation, |
distributors, |and
vendors |that |exists |to |transform |raw |materials |to |final |products |and |supply |those
products |to |customers.
List |and |describe |some |of |the |parties |involved |in |a |supply |chain. |- |CORRECT |ANSWER-Could |include |
suppliers, |manufacturers, |transportation, |distributors, |vendors
third |party |logistic |providers, |etc.
| | | | |
with correct detailed answers
| | | |
As |discussed |in |class, |what |kind |of |supply |chain |lies |within |the |"zone |of |strategic
fit"? |- |CORRECT |ANSWER-Certain |demand |and |efficient |supply |chain.
As |discussed |in |class, |choose |the |appropriate |supply |chain |strategy |which |matches
the |correct |lifecycle |stage: |- |CORRECT |ANSWER-Forecasting |and |increasing |capacity |during |product |
growth.
The |supplier |scoring |model |discussed |in |class |includes |all |of |the |following |except: |- |CORRECT |
ANSWER-Customer |order |cycle.
As |reported |in |the |Motorola |article, |benefits |of |the |Motorola |Internet |Negotiation
Tool |include |all |of |the |following |except |- |CORRECT |ANSWER-The |ability |to |engage |less |suppliers |in |the
|negotiations.
Items |that |have |high |profit |impact |and |high |supply |risk |are |classified |in |terms |of
purchasing |requirements |as |what |type |of |item? |- |CORRECT |ANSWER-A. |Strategic
What |is |a |supply |chain? |- |CORRECT |ANSWER-The |system |of |suppliers, |manufacturers, |transportation, |
distributors, |and
vendors |that |exists |to |transform |raw |materials |to |final |products |and |supply |those
products |to |customers.
List |and |describe |some |of |the |parties |involved |in |a |supply |chain. |- |CORRECT |ANSWER-Could |include |
suppliers, |manufacturers, |transportation, |distributors, |vendors
third |party |logistic |providers, |etc.