LOG 250 2WA Advanced Global Logistics

_____________ miles is the distance by which the various components of a particular food item have to travel before final consumption.

food (transportation, elapsed, product)

In terms of handling TEUs, which of the following ports handle the most volume?

shanghai (jebel ali, singapore, rotterdam)

______________ can be defined as an exchange of business documents such as Purchase Orders, Invoices, etc. in an electronic format.

EDI (DRP, MRP, ERP)

At its most basic level, __________ software integrates inventory, order management, accounting, human resources, customer relationship managements and some other functions into one complete system to streamline processing and information across the entire organization.

ERP (VMI, CPFR, MRPII)

All of the following are KPIs usually found in measuring warehouse performance EXCEPT:

sustainability (productivity, quality, errors free, costs)

When furniture is returned it is sometimes simply inspected, repackaged and shipped back to the store?

true

Procurement and Forecasting is part of:

supply chain management (manufacturing, distribution, logistics)

Which of the following are forms of supply chain risk?

all disruptions above (caused by inability of suppliers to deliver on time, caused by currency exchanges, caused by natural disasters, caused by quality problems, disruptions in distribution flows)

___________ is the most important logistics market in South America?

brazil (the us, panama, chile)

_______________________________ refers to the sensors and data communication technology that is built into physical objects that enables them to be tracked and controlled over the internet.

the internet of things (logistics network, dark web, data analytics)

Government security regulations are examples of internal risks in the supply chain?

false

In an open-loop system, the flows enter at one point of the logistics system and leave at another. Companies using this system might assume responsibility for collecting and finding markets for their products, and use the recovered materials for themselves?

false

In contract warehousing the vendor has all of the risk associated with warehousing?

false

In the glass container recycling loop all materials associated with that container are recycled and made into new bottle and jars?

false

Service supply chains DO NOT need to be managed differently than manufacturing supply chains?

false

Supply lead time and supplier lead time are equal?

false

The Agile Supply Chain is a demand-push chain designed to cope with level demand?

false

The potential legal issues in sourcing internationally is about the same as sourcing domestically?

false

Traditional manufacturing is more complex than remanufacturing?

false

_____________ is the ability of a system to return to its original (or desired) state after being disrupted.

resilience (cool, hyperbolic, robust)

When college students graduate and enter into the labor force at some point they will probably end up in the service sector?

true

Food Miles are the fastest growing source of greenhouse gas emissions?

true

Expansion by ____________ involves developing services geographically on the back of volumes of a key client.

"piggybacking" (alliances, cohorts, treaties)

Growing food closed to home allows us to have fresher foods, and more varieties of food?

true

In regard to logistics and supply chain systems complexity refers to the interdependency among parts of a system?

true

In the first stage of globalization, selling just domestically, cultural sensitivity is of little importance?

true

In today's best supply chains the customer is at the core?

true

Its has been estimated that by 2030 60% of the world's population will live in urban areas?

true

Marketing is more complicated in reverse logistics than in forward logistics?

true

One of Christopher's Types of Supply Chain Complexity is network complexity, which means there are too many nodes and links?

true

Over 90% of US international trade passes through ports?

true

Product Mixing can help avoid using LTL for smaller shipments?

true

RFID offers a solution that eliminates human error but currently has high entry barriers?

true

Returns and defective products make up 25% of the total value of all assets processed in reverse logistics operations?

true

Risk is inherently resistant to objective measurement?

true

Simulation allows you to compare alternate process designs?

true

Stochastic models possess some inherent randomness. The same st of parameter values and initial conditions will lead to an ensemble of different outputs?

true

Successful supply chain economics are information intensive?

true

The "product" in service marketing is intangible in nature?

true

The consumer is an integral part of the production chain in the "maker movement?"

true

The rapid growth of data analytics and big data have been aided by cloud computing?

true

There is a balancing act between supply chain security and efficient flows in the supply chain?

true

There is a healthy demand for recyclable plastics in the United States?

true

In improving sustainability of supply chain systems a good way is to redesign the supply chain itself. One way is to use scale to reduce the negative effects of logistics activities. Which of the following IS NOT a way to do this?

using 2 twenty foot containers instead of 1 forty foot container (moving freight in larger loads)

It is estimated that over 80% of carbon savings are only achievable at the supply chain design stage. Which of the following IS NOT one of those ways to produce savings at this stage?

using LED lighting in a warehouse (replacing small deliveries direct to all end customers with centralized deliveries using a hub, deciding where to locate warehouses and distribution centers, deciding which transportation mode to use)

_____________ is the computer-to-computer exchange of business documents in a standard electronic format between business partners.

EDI (CPFR, VMI, ERP)

Class __ (dangerous cargo) is the highest rate charged in freight rates.

D (b, a, c)

Establishing credit for the first time when engaging in international trade may add lead time. Having a _____________ is usually required.

LOC (bank loan, abundance of cash, good credit rating)

______________ is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material.

VMI (WMS, ERP, CPFR)

In using the _____________________costing approach, the indirect or overhead cost contributors are viewed as activity pools.

activity based (opportunity cost, landed cost, total cost of ownership)

Which of the following best describes what "data sensing" is?

captures data using sensors and tags and storage of that data (focuses on access across networks, data transport)

Which of the following two American brands use countertrade as a marketing tool?

caterpillar and coca-cola (subway and jason's deli, the storm cellar and dccc bookstore, coca-cola and cheerwine)

There is a risk of supply interruption when dealing in global trade. It may be because of disputes with governments. The current dispute between the United States and __________ over tariffs is an excellent example.

china (brazil, soviet union, germany)

Governments often encourage the development of technology corridors or __________ such as can be found in China and Mexico.

clusters (foreign trade zones, papadoras, mamadoros)

Using the threat of importing as a lever to pressure concessions from a domestic supplier is an example of using ______________?

competitive clout (countertrading, currency fluctuations, offsets)

The global logistics performance index (LPI) ranks all of the following in its performance measure to obtain an index EXCEPT.

cost (international shipments, customs, infrastructure, logistics competence, tracking and tracing, timeliness)

In the ________________ model there is only one possible answer for a given set of inputs.

deterministic (dynamic, stochastic, static)

A ___________ model represents the behavior of an object over time. It is used where the object's behavior is best described as a set of states that occur in a defined sequence.

dynamic (deterministic, stochastic, static)

The three specific influences from the rise of the internet has been (1) Online retailing, (2) Cloud computing and (3) ________________?

e-procurement (erp systems, mrp systems, social networking

A seller may insist that title of goods does not pass until payment is made. Instead of a LOC a Bill of __________ is often used.

exchange (confirmation, lading, procurement)

One way to reduce inventory is to reduce lot sizes. Reducing lot sizes has impacts on all of the following EXCEPT?

exclusivity (capacity requirements, setup and ordering costs, inventory levels, availability)

Data Miners are usually of 2 types: "Farmers" and "-------------"?

explorers (ranchers, hadoopers, beneficiaries)

3D printing has a transformation capability into the product such as heating the product alters its shape?

false

All signees to the Kyoto Protocol are required to decrease emissions?

false

By region, North America has the most internet users in the world?

false

Carbon monoxide accounts for about 95% of all greenhouse gas emissions?

false

Consumers are on the upstream side of the supply chain?

false

Cultural difference across the world do not present opportunities for risk?

false

Holidays in different countries have NO impact on international distribution?

false

Integration and collaboration are the same thing?

false

Outbound refers to goods moving from a supplier to a manufacturer?

false

The population of the United states is roughly equal to that of China?

false

A Carbon _____________ is a measure of the impact our activities have on the environment, and in particular climate change.

footprint (measure, dioxide, performance)

The _________ ________________ ______________ Act was passed by the United States because of perceived problems involving companies dealing with offshore customers.

foreign corrupt practices (wto, affordable health care, interstate commerce practices)

Which of the following have the correct steps in order in decision modeling using the management science approach?

formulation, solution, interpretation (interpretation, formulations, solution; interpretation, revision, solution; formulation, solution, repeat)

_____________ is the home to some of the world's largest logistics companies like DHL and DB Schenker?

germany (brazil, russia, the us)

Which of the following IS NOT considered a service firm?

gun manufacturer (hospitality, healthcare, transportation, banking, education)

There are 3 key decisions that must be made when selecting and managing offshore suppliers. Of the following list which one IS NOT one of the three?

how much money to spend (role of service providers, structure of the global sourcing group, how sources will be identified and evaluated)

Which of the following IS NOT one of the four sourcing options for any business function?

in house manufacturing (domestic outsourcing, international outsourcing, international sourcing to affiliates, domestic in-house sourcing)

The ___________ rules of international commercial terms are a series of pre-defined commercial terms published by the International Chamber of Commerce. they are widely used in international commercial transactions. EXW is an example.

incoterm (ucc, wto, gatt)

Which of the following IS NOT one of the four drivers behind the increased emphasis on green issues?

increased importance of blockchain (cost reduction, market pressure, social responsibility, legislation)

A single provider of transportation which includes air, sea and ground is known as an ___________________?

integrator (forwarding agent, henry, broker)

____________________ offer a seamless end-to-end service from consignor to consignee?

integrators (freight carriers, freight forwarders, couriers)

_________ is the one of the most important factors in selecting a site for a distribution center?

labor (railroad access, the electric grid, climate)

China, India, and Indonesia have become attractive for global trade primarily because of the low cost of their __________?

labor (taxes, materials, unionization)

Which of the following provides the LEAST environmental efficiency and product value recovery?

landfilling (recycling, remanufacturing, resale)

Contract warehousing is _________________

less costly than private warehousing (less costly that public warehousing, more costly than private warehousing)

_____ refers to the basic costs to move something.

line haul (back haul, deadhead)

A __________ supply chain creates value through the provision of standardized, repeatable processes that ensure the delivery of freight to the end customer in a timely fashion.

manufacturing (service)

Third Party Logistics Providers generally provide 4 categories of service. Which of the following usually not one of them?

manufacturing (transportation, reverse logistics, warehousing, information technology)

A typical Supply chain Management system may address ALL OF THE FOLLOWING ISSUES EXCEPT:

market segmentation (vendor selection, planning, customer relationships, logistics, manufacturing)

Inland waterways are also known as __________________?

navigable rivers (navigable lakes, navigable creeks, navigable canals)

Which of the following IS NOT an "internal" change agent on technology?

new form of competition (effectiveness, enhanced efficiency, ability)

Many nations insist as a condition of sale of a major product such as aircraft, to their country so that the seller agrees to buy a specified value of goods or services from that country. These type of arrangements are called ____________ agreements?

offset (bilateral, incentive, triangular)

In the use of ___________________, the goal is to get the lowest possible item delivery cost with certain constraints (product integrity and delivered within a prescribed window.)

optimization (inventory modeling, forecasting, simulation)

In determining the best location for distribution facilities subject to meeting supply, demand, and delivery time constraints, the ___________ model is the best of the four models.

optimization (inventory, simulation, decision making/forecasting)

Cloud computing does have some drawbacks. Which of the following IS NOT 1 of them?

pay per use allows companies to avoid high capital investment (upgrades and updates can be numerous and too frequent, security issues, limited amount of customization)

The Service Marketing Mix has 7 P's while Goods have 4 P's. Which of the following are the additional 3 P's?

people, process, physical evidence (people, process, promotion; profit, process, physical evidence; place, process, physical evidence)

In selecting a source location and evaluating it, the absolute best way to do so is _____________?

physical visit to the site (use of consultants, using the chamber of commerce, internet research)

Restaurants and food are typical of which of the following?

product and service supply chains (service only supply chains)

International distribution is different from domestic distribution. Which of the following IS NOT one of those differences?

providing excellent customer service (measurement, language, currency, culture, distance)

Rebuilding or refurbishing auto parts is an example of _________.

remanufacturing (landfilling, reusing, recycling)

Which of the following IS NOT one of the four supply chain flows?

retail flow (demand flow, product flow, info flow, cash flow)

In comparing the modes of transportation,, in ranking availability, _______________ is the best because they can drive from origin to destination.

road (sea, rail, pipeline)

A __________ supply chain strategy enables a company to manage regular fluctuations in demand efficiently under normal circumstances regardless of the occurrence or a major disruption.

robust (interactive, resilient, charismatic, global)

As far as capability, __________ is the best because it can handle all types and sizes of cargo.

sea (road, rail, pipeline)

Which mode of transport from those listed is the ideal for transporting heavy and bulky goods

sea freight (air freight, truck freight)

inspecrability intangibility perishability variability

services cannot be separated from their providers services cannot be seen, tasted, felt, heard, or smelt before purchase services cannot be stored for later use quality of service depends upon who provides them and when, where, and how

Which of the following IS NOT usually a benefit of outsourcing logistic functions?

share core competencies (ability to locate stock/inventory at fewer plants and distribution centers, reduction in inventories, to provide the same or better levels of service)

We reviewed 3 types of supply relationships. Which of the following IS NOT one of them?

situational relationships (long-term virtual operation, vertical integration, partnership supply relationships)

Selecting a specific mode of transportation is a function of all of the following EXCEPT:

the destination country (distance traveled, availability of different services, freight rates to be charged, volume and value of freight)

Which of the following IS NOT one of the key industry trends in global logistics as identified in your reading?

standardization of products (organic growth in the industry, product differentiation, the forming of alliances, supplier rationalization)

The ____________ model is a tool for estimating probability distributions of potential outcomes.

stochastic (static, dynamic, deterministic)

Is the Art and science of integrating the flows of products, information, and financials through the entire supply pipeline from the supplier's supplier to the customer's customer.

supply chain management (operations management, logistics management)

A ____________ is a tax that a government collects on goods coming into a country.

tariff (subsidy, quota, bond)

Which of the following IS NOT 1 of the 5 contributing factors for Global Flows and Trade as identified in the lecture presentation?

tariffs and duties (globalized economy, land and resources, urbanization, technology and information, population size and distribution)

_________________ is(are) becoming the most important differentiator in the logistics industry as consumer behavior and expectations change.

technology (fierce competition, regional cooperation, strategic alliances)

The term "mega-cities" refers to urban center with at least __________ people?

ten million (500 thousand, one million, 100 million)

____________________ is the point at which in production the move is made from the base product to a customized product.

the decoupling-point (the point of no return, synchronous point, dccc point)

Factory demand is created by distribution centers?

true

Due to early deregulation in the logistics industry _______ has the most mature contract logistics market in Europe?

the united kingdom (poland, the us, germany)

The first stage of outsourcing logistics usually involves ___________?

transportation (purchasing, warehousing, software)

Of all the services provided by 3PL's. which service is used most often?

transportation management (warehousing, intermodal, private fleets)

Semi-finished and finished products of medium and small sizes and weights are ideal for transportation by __________?

truck (rail, air, ship)

3D printing is also known as "additive manufacturing?"

true

4PLs usually cover air freight, inventory control and warehousing, Sea freight and customs clearance, and trucking?

true

A "detriment" is defined as the numerical measure of harm or loss associated with an adverse event?

true

A Transportation Management System may be a service offered by a Logistics Information technology provider?

true

A core issue in transportation is to find ways of allowing economic growth without comparable growth in transportation?

true

An attribute of absolute advantage is lower cost and or access to items not available locally?

true

Collaboration is dependent on the provision of mutual benefit?

true

Compared to Cost of Goods Sold, an average of 7 to 10% is directly or indirectly attributable to reverse logistics?

true

Containing the scope of the supply chain can lead to higher performance and lower risk by limiting disruptions to just one section of the supply chain?

true

EDI is a key enabler of supply chain integration?

true

Employment in the service sector in the US is growing?

true

Three challenges of big data supply chains were listed. Which of the following is not one of the 3?

viscosity (velocity, variability, volume)

Volumetric charging of freight is a combination of both dimensional weight in lbs. and __________?

volume / LxWxH (length and width, stowability, color)

Which of the following companies is the largest importer and exporter of containers by TEU?

walmart (home depot, food lion, target)

Which of the following IS NOT an intermediary in the distribution channel?

wms software (agents, wholesalers, warehousers, transportation companies)

The level of quality of many offshore suppliers is often consistent with the quality of domestic suppliers for all of the following reasons EXCEPT?

world class tech applied to manufacturing (newer and better capital equipment, better quality control systems, worker responsibility for quality of their work)