supply chain chap8 quiz
Which of these is NOT a logistics activity? A. inspection B. material handling C. warehousing D. inventory management
A. Inspection
The drought of 2011 devastated hay crops in the plains states and horse owners ranged far and wide to purchase hay for their horses when winter arrived. Hay can be purchased "up north" for $4 a bale and a few entrepreneurs with large trailers were more than willing to pick up a few hundred bales and haul them south where demand was high. The transportation cost was $6 per bale and a packing and loading cost of $1 was typical. The landed cost of a bale of hay this winter was A. $10. B. $4. C. $6. D. $11.
D. $11
Which of the following is an example of consolidation warehousing? A. A single manufacturer holds a wide array of goods close to the source of demand. B. A single manufacturer takes output directly from a single manufacturing plant and sends it directly to a single customer. C. Large shipments from multiple suppliers are re-sorted into customized shipments to individual stores. D. A single manufacturer takes output from several of its manufacturing plants and combines them into one shipment to a major customer
D. A single manufacturer takes output from several of its manufacturing plants and combines them into one shipment to a major customer
A firm that is interested in consistent on-time delivery would probably design their transportation and warehousing system to include A. pipeline transportation with a postponement warehouse. B. water transportation with a hub and spoke warehouse. C. rail transportation with a consolidation warehouse. D. air transportation with a spot stock warehouse.
D. air transportation with a spot stock warehouse
What percent of North American gross domestic product is accounted for by logistics? A. almost 20 percent B. almost 12 percent C. almost 16 percent D. almost 8 percent
D. almost 8 percent
A service firm that takes care of all of the logistics requirements for other companies is a
Third Party Logistics Provider
Hub and spoke systems are characterized by
Warehouses that are used
Hub and Spoke systems are characterized by... A. "spokes" that are represented by the sites that receive the goods. B. inventory locations that are close to producers, not customers. C. "hubs" that hold inventory until the appropriate season or upswing in demand D. warehouses that are used as sorting facilities
Warehouses that are used as sorting facilities
The mode of transportation that is highly cost effective for bulky items but has relatively poor delivery speed is
Water
Which of these statements about reverse logistics is BEST? A. Reverse logistics systems are designed to be less flexible than forward-based systems B. Reverse logistics systems are usually less cost-efficient than forward-based systems C. Reverse logistics systems usually use the same processes and players that comprise the forward-based systems D. Reverse logistics systems usually play no role in customer satisfaction
B. Reverse logistics systems are usually less cost-efficient than forward-based systems
One form of warehousing that features light manufacturing and packaging duties and allows firms to put off final assembly or packaging until the last possible moment is A. pac-man warehousing. B. postponement warehousing. C. assortment warehousing. D. spot stock warehousing.
B. postponement warehousing
Your new Garden Weasel fails to "completely satisfy" you so you decide to return it for a full refund. What is the name for the system that will carry your weasel back to the manufacturer? A. reverse logistics B. upstream ordering C. reverse ordering D. upstream logistics
A. reverse logistics
The landlord's favorite place to buy shrimp in New Orleans was the Cajun Seafood market on Claiborne and he did not hesitate to stock up on shrimp when he dropped by the shotgun double house he bought as an investment a few years ago. Sadly, it was 685 miles one way to visit the property and even though gas was available at $1.88 per gallon and the car achieved 25 miles per gallon, it was an expensive trip. He packed a cooler with $12 worth of ice regardless of the quantity of shrimp he bought to bring home. The shrimp were a bargain at $7.99 per pound for jumbos and he always tried to fit 35 pounds of the crustaceans in the cooler. What is the landed cost of a pound of shrimp? A. $8.78 B. $11.28 C. $9.80 D. $9.42
B. $11.28
Last year the Perfection Logistics Company delivered 3.1 million packages and damaged 45,000 deliveries, sent 28,000 to the wrong address, and was late 20,000 times. Assuming no package had more than one error, Perfection's percent perfect order is A. 3,007,000 B. 97% This is the correct answer.C. 93.7% D. 93,000
B. 97%
Which logistics activity accounts for the largest percentage of logistics-related greenhouse gas emissions? A. Rail freight B. Ocean freight C. Highway freight D. Buildings
C. highway freight
