Correct Answers | New Update
The logistics value proposition is ______.
A. the unique commitment of a firm to an individual or customer group
B. a general strategy used by a firm
C. a marketing campaign
D. what every firm hopes to achieve - 🧠ANSWER ✔✔the unique
commitment of a firm to an individual or customer group
Logistics systems should be designed to achieve customer service goals
while maintaining lowest possible financial investment in ______.
A. inventory
B. human resources
C. trucks
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,D. cost - 🧠ANSWER ✔✔Inventory
Warehousing, Materials Handling, and Packaging are unique in the sense
that they ______.
A. are very complicated to manage
B. are an integral part of the other logistics areas
C. are very expensive
D. are frequently overlooked - 🧠ANSWER ✔✔Are an integral part of the
other logistic areas
Supply chain synchronization attempts to achieve which of the following?
A. Make sure all parties are operating in the same time zone.
B. Coordinate multiple firms activities across the supply chain.
C. Coordinate activities within a single firm.
D. Reduce total cost. - 🧠ANSWER ✔✔Coordinate multiple firms activities
across the supply chain.
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,Performance cycles contain which of the following?
A. Inventory and transportation.
B. Inputs and outputs.
C. Warehousing and manufacturing. Ups and downs. - 🧠ANSWER
✔✔Inputs and Outputs
On-time delivery is an aspect of a firm's performance in ______.
A. availability
B. operational performance
C. malfunction recovery
D. speed - 🧠ANSWER ✔✔operational performance
In general, offering consumers higher levels of service output in terms of
greater spatial convenience or product variety ______.
A. has little impact on logistics and distribution cost
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, B. results in lower logistics and distribution cost
C. results in higher logistics and distribution cost
D. does not impact configuration of a supply chain - 🧠ANSWER ✔✔results
in higher logistics and distribution cost
In Terry Esper's TedX video from Ohios State University, he concluded by
saying that logistics can give someone ________.
A. Better income
B. Fear
C. Confidence
D. Dignity - 🧠ANSWER ✔✔Dignity
Industrial packaging for logistics should consider:
A. Marketing and sales strategies B. Weight considerations, but not cubic
volume
C. Communication transfer through barcoding
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