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SCM 413 MIDTERM (QUIZZES + HOMEWORK) AND CORRECT ANSWERS

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SCM 413 MIDTERM (QUIZZES + HOMEWORK) AND CORRECT ANSWERS Performance cycle uncertainty has the following trait: ______. ANSW-the larger the variance to desired goal, the bigger the impact On-time delivery is an aspect of a firm's performance in ______. ANSW-Operational performance In Terry Esper's TedX video from Ohios State University, he concluded by saying that logistics can give someone ________. ANSW-Dignity In general, offering consumers higher levels of service output in terms of greater spatial convenience or product variety ______. ANSW-results in higher logistics and distribution cost

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SCM 413 MIDTERM (QUIZZES +
HOMEWORK) AND CORRECT
ANSWERS
Performance cycle uncertainty has the following trait: ______. ✅✅ANSW-the larger the variance
to desired goal, the bigger the impact



On-time delivery is an aspect of a firm's performance in ______. ✅✅ANSW-Operational
performance



In Terry Esper's TedX video from Ohios State University, he concluded by saying that logistics can
give someone ________. ✅✅ANSW-Dignity



In general, offering consumers higher levels of service output in terms of greater spatial convenience
or product variety ______. ✅✅ANSW-results in higher logistics and distribution cost



Which are the basic element of logistics service? ✅✅ANSW-- service reliability

- product availability

- operational performance

Performance cycles contain which of the following? ✅✅ANSW-Inputs and outputs.



Warehousing, Materials Handling, and Packaging are unique in the sense that they ______.
✅✅ANSW-are an integral part of the other logistics areas



The logistics value proposition is ______. ✅✅ANSW-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 ______. ✅✅ANSW-Inventory



When a transaction proceeds through every step of the order management process without fault,
exception handling, or intervention, this is known as ______. ✅✅ANSW-a perfect order

, In general, offering consumers higher levels of service output in terms of greater spatial convenience
or product variety ______. ✅✅ANSW-results in higher logistics and distribution cost



Value added services is one important way that firms have responded to the challenges of:
✅✅ANSW-customer success



The gap reflecting management's lack of knowledge or understanding of the customer is related to a
gap in: ✅✅ANSW-knowledge



A focus on customer requirements is associated with: ✅✅ANSW-customer success



Providing value-added services is a critical aspect of ______. ✅✅ANSW-customer success



An omnichannel supply chain is one that ______. ✅✅ANSW-refers to the firm's ability to serve
consumers direct and through many other channel partners



Which of the following statements most clearly expresses a company's commitment to "customer
success"? ✅✅ANSW-"We attempt to meet the requirements of our customers."



Warehouse facilities used for inbound materials are known as: ✅✅ANSW-supply facing
warehouses



The practice when inventory from multiple locations is received and combined for shipments to
customers is called: ✅✅ANSW-consolidation



Positioning inventory in a local market warehouse in anticipation of responding to customer need
during the critical sales period is called: ✅✅ANSW-spot-stocking



Service reliability involves the combined attributes of logistics and concerns a firm's ability to
perform all order-related activities as well as provide customers with critical information regarding
logistical operations and status. (True or False) ✅✅ANSW-True
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