D470 WGU Transportation, Logistics, And Distribution
• Questions With Step-By-Step Solutions
Key Components of Logistics Accurate Answer:- Transportation,
Inventory, Warehousing
Logistics Equation Accurate Answer:- Logistics = Materials
management + Distribution
Logistics Accurate Answer:- The management of the flow of goods
between point of origin and point of destination to meet customer and
corporate requirements.
Distribution Accurate Answer:- The action of sharing something out
among a number of recipients
Supply chain Scope Accurate Answer:- All activities required to move a
product or service from the supplier to the customer, including sourcing,
manufacturing, logistics, and distribution
Volume to Weight Ratio Accurate Answer:- describes how much a
substance weighs compared to how much space it occupies
Four Stages of the Product Life Cycle Accurate Answer:- -Introductory
-Growth
-Maturity
-Decline
Slip Sheet Accurate Answer:- a thin, flat sheet, typically made of plastic,
paperboard, or corrugated fiberboard, used as a unit load support instead of a
traditional pallet for shipping and handling goods. It allows for more efficient
use of space
Distributed Order Management (DOM) Accurate Answer:- A system
that can analyze every transaction and determine the most efficient shipping
location
, Supply chain Equation Accurate Answer:- Supply Chain = Suppliers +
Logistics + Customers
Total Logistics Concept (TLC) Accurate Answer:- Aims to treat the
many different elements that come under the broad category of distribution
and logistics as one single integrated system.
Sub-Optimization Accurate Answer:- A situation where a part of a
system or process is optimized at the expense of the overall performance of
the entire system
Cost Trade-Offs Accurate Answer:- Measuring and interpreting
interrelationships to determine how the entire logistics system will be
impacted.
4 Different Levels of Trade-off Accurate Answer:- 1. Within Logistics
Components (Warehousing)
2. Between Logistics Components
3. Between Company Functions
4. Between the company and external organizations
Planning & Control Cycle Accurate Answer:- 1. Objective
2. Planning
3. Monitoring
4. Feedback
Integrate Accurate Answer:- To bring together and make whole
Direct Product Profitability (DPP) Accurate Answer:- Allocating
(assign) all the appropriate costs and allowances to a given product.
Materials Requirements Planning (MRP)/Distribution Requirements Planning
(DRP) Accurate Answer:- Computerized planning tools that make the
necessary materials or inventory available when ready
Materials Requirements Planning II (MRPII) Accurate Answer:-
Improves productivity though detailed planning and control of production
resources.
• Questions With Step-By-Step Solutions
Key Components of Logistics Accurate Answer:- Transportation,
Inventory, Warehousing
Logistics Equation Accurate Answer:- Logistics = Materials
management + Distribution
Logistics Accurate Answer:- The management of the flow of goods
between point of origin and point of destination to meet customer and
corporate requirements.
Distribution Accurate Answer:- The action of sharing something out
among a number of recipients
Supply chain Scope Accurate Answer:- All activities required to move a
product or service from the supplier to the customer, including sourcing,
manufacturing, logistics, and distribution
Volume to Weight Ratio Accurate Answer:- describes how much a
substance weighs compared to how much space it occupies
Four Stages of the Product Life Cycle Accurate Answer:- -Introductory
-Growth
-Maturity
-Decline
Slip Sheet Accurate Answer:- a thin, flat sheet, typically made of plastic,
paperboard, or corrugated fiberboard, used as a unit load support instead of a
traditional pallet for shipping and handling goods. It allows for more efficient
use of space
Distributed Order Management (DOM) Accurate Answer:- A system
that can analyze every transaction and determine the most efficient shipping
location
, Supply chain Equation Accurate Answer:- Supply Chain = Suppliers +
Logistics + Customers
Total Logistics Concept (TLC) Accurate Answer:- Aims to treat the
many different elements that come under the broad category of distribution
and logistics as one single integrated system.
Sub-Optimization Accurate Answer:- A situation where a part of a
system or process is optimized at the expense of the overall performance of
the entire system
Cost Trade-Offs Accurate Answer:- Measuring and interpreting
interrelationships to determine how the entire logistics system will be
impacted.
4 Different Levels of Trade-off Accurate Answer:- 1. Within Logistics
Components (Warehousing)
2. Between Logistics Components
3. Between Company Functions
4. Between the company and external organizations
Planning & Control Cycle Accurate Answer:- 1. Objective
2. Planning
3. Monitoring
4. Feedback
Integrate Accurate Answer:- To bring together and make whole
Direct Product Profitability (DPP) Accurate Answer:- Allocating
(assign) all the appropriate costs and allowances to a given product.
Materials Requirements Planning (MRP)/Distribution Requirements Planning
(DRP) Accurate Answer:- Computerized planning tools that make the
necessary materials or inventory available when ready
Materials Requirements Planning II (MRPII) Accurate Answer:-
Improves productivity though detailed planning and control of production
resources.
