BUNDLE - LSCM EXAMS

LSCM Review Exam 2 Questions & Answers 2024/2025 Many organizations have directed significant attention toward working more closely with supply chain partners, including not only customers and suppliers but also various types of logistics suppliers. - ANSWERStrue A horizontal relationship re...

LSCM Final Review Exam 2 Questions & Answers 2024/2025 Pareto Analysis may be used to classify parts, customers, or activities. When determining the pareto segments to classify oarts, you should: - ANSWERSThere will rarely be a clean break at the 80% (or 20%) point so your cut-off is subjective...

LSCM Exam 3 Questions & Answers 2024/2025 A sales and operations planning process (S&OP) can produce a forecast internally that all functional areas agree upon and can execute. a. True b. False - ANSWERSTrue Nonintegrated air carriers do not supply door-to-door service. a. True b. Fa...

LSCM FINAL EXAM 3 QUESTIONS & ANSWERS 2024/2025 Inventory is an ASSET on the balance sheet and a(n) ____ on the income statement. - ANSWERSexpense Direct-to-customer Drop-Shipped Fulfillment means: - ANSWERSDirect shipment to retailer bypassing the retailer's network The ____ the profit ...

LSCM Exam 1 2024 with 100% Correct Answers Landed costs are independent of sales/FOB terms. t/f - ANSWERSF An advantage of e-sourcing and e-procurement is that there is little risk involved t/f - ANSWERSF e-Sourcing and e-procurement are the same t/f - ANSWERST The mathematical calcul...

LSCM Final Exam 1 2024 with 100% Correct Answers 5 Major External Forces - ANSWERS1.Government Policy & Regulation 2.Globalization 3.Organizational Consolidation 4.Empowered Consumer 5.Technology Supply Chain Flows - ANSWERS1.Product Flow 2.Financial Flow 3.Information Flow 4.Value Fl...

LSCM Final Exam 2024 with 100% Correct Answers measure - ANSWERSno calculations, simple dimensions (e.g. # units) metric - ANSWERSmore complex and usually involves a calculation or a combination of measurements, often in the form of a ratio (e.g. inventory future days of supply) index - A...

LSCM Prep Exam 1 2024 with 100% Correct Answers Which of the answers below is an example of the creation of form utility by a logistics activity? - lumber is cut and made into a chair - firms finance manager approves purchases on credit - when dell combines components with software to produ...

LSCM Prep Final Exam 2024 with 100% Correct Answers 3PL's are asset-based logistics providers that physically move product through the supply chain. - ANSWERSF 4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically ...

LSCM Study Exam 1 2024 with 100% Correct Answers The common currency of most of the countries of the European Union is called...? - ANSWERSthe Euro On occasion, a firm will respond to a competitor's move by retaliating. For example, Linde Gas (an American firm producing industrial gasses) e...

LSCM Final Exam 2024 with Complete Solutions What is true regarding optimization models? - ANSWERSOptimization models are based on precise mathematical procedures that are guaranteed to find the "best" solution for the problem under evaluation. What is the effect of tapering rates on facil...

LSCM Exam 2 2024 with Complete Solutions Customer service is anything that touches the customer. - ANSWERSTrue Customer relationship management is a new concept only recently receiving attention. - ANSWERSFalse Activity-based costing works well in warehouse-type environments but does not ...

LSCM Review Exam 2 2024 with 100% Correct Answers Many firms have directed significant attention towards working more closely with supply chain partners, including not only customers and suppliers but also various types of logistics suppliers. - ANSWERSTrue A horizontal relationship refers t...

LSCM Study Final Exam 2 2024 with 100% Correct Answers Which of these is not a production method? - ANSWERSCreate-to-order Which of the following is not a reactive capability strategy? - ANSWERSResource requirements planning Adjusting a forecast for seasons basically uses a combination of...

LSCM final review exam 2 2024 with 100% correct answers In our class, we discussed what happens when a driver is late in a scenario without supply chain visibility. Select the correct statement below to describe the issue. - ANSWERSIn every organization, there are multiple calls, emails, and co...

LSCM Final Exam 1 2024 with Complete Solutions the advising clause of a contract between an exporter and an agent/distributor spells out the obligation of both parties in the area of - ANSWERSadvertising, trade show attendance, and ownership of ideas. the most sensitive issue is an internati...

LSCM Study Guide Exam 1 2024 with Complete Solutions Exponential smoothing can use constants higher than 1, but not more than 5, and is one of the most commonly used techniques. - ANSWERSTrue Customer service is of equal importance to both logistics and marketing. - ANSWERSTrue Supply and...

LSCM prep exam 2 2024 with complete solutions

LSCM Prep Exam 1 2024 with Complete Solutions Within the US, which transportation mode moves the most tonnage by mile? which moves the least? - ANSWERSTruck/motor carrier. Pipeline From which country does the US obtain the greatest proportion of oil? What percent is used for transportation? ...

LSCM Final Exam 2 2024 with Complete Solutions A critical outcome of the supply chain is - ANSWERSthe right product to the right place. Most retailers are essentially supply chain companies since - ANSWERSThey buy products produced by others. Which of the below is not one of the external ...