Supply Chain Exam 3 Questions With Verified Answers
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Module
Supply Chain
Institution
Supply Chain
Supply Chain Exam 3 Questions With Verified Answers
______________ creates the efficient flow of goods between supply chain partners, allowing profits and competitive advantage to be maximized.
a. Transportation planning
b. Procurement
c. Operations
d. Logistics - Answer-D
/._____________...
______________ creates the efficient flow of goods between supply chain partners,
allowing profits and competitive advantage to be maximized.
a. Transportation planning
b. Procurement
c. Operations
d. Logistics - Answer-D
/._______________ are the most flexible mode of transportation and account for 70
percent of all the freight tonnage moved in the U.S.
a. Air Carriers
b. Water Carriers
c. Rail Carriers
d. Motor Carriers - Answer-D
/._______________ carry the majority of the world's water-transported manufactured
goods.
a. Supertankers
b. Barges
c. Containerships
d. None of these choices are correct. - Answer-C
/.________________ is important because what we do today will affect future
generations.
a. Progressive design
b. Customer churn
c. An offshore factory
d. Sustainable development - Answer-D
/.A ___________________ consolidates large numbers of small shipments to fill entire
truck trailers or rail cars to achieve truckload or carload transportation rates.
a. Transportation broker
b. Load broker
c. Freight forwarder
d. Consolidation forwarder - Answer-C
/.A basic strategy for managing capacity is:
a. Queue management strategy
b. Focus strategy
c. Differentiation strategy
d. Level demand strategy - Answer-D
, /.A current warehouse system has five warehouses with 4,000 units at each warehouse.
The company desires to change to three warehouses to become more centralized and
keep the same customer service levels. Determine the average warehouse inventory
levels, using the square root rule. (Choose the closest answer.)
a. 15,492
b. 11,619
c. 6,667
d. 25,820 - Answer-A
/.A customer who enters the waiting line but leaves the system prior to receiving service
is said to have:
a. Balked
b. Stalled
c. Reneged
d. Disposed - Answer-C
/.A customer's lifetime value is calculated by:
a. Summing the annual sales of the customer and then dividing by the projected lifetime
b. The firm's MRP system
c. Summing the projected annual profitability of the customer
d. Finding the NPV of a customer's projected lifetime profits for the firm - Answer-D
/.A firm wanting to import items duty free and then use the component for local
production of a product that is then exported would most likely utilize a(n):
a. Duty-free Territory
b. International Cross Docking Zone
c. International Processing Center
d. Foreign Trade Zone - Answer-D
/.A practical independent measure firms can take to improve information security is:
a. Continuously monitor employee desktop applications, e-mails and phone calls
b. Do not collect information about their customers
c. Eliminate employee internet use at work
d. None of these choices are correct - Answer-A
/.A primary advantage for motor carriers is the weather.
a. True b. False - Answer-FALSE
/.A product positioned strategy:
a. Places warehouses midway between the sources of supply and the customers
b. Places warehouses close to the sources of supply
c. Places warehouses close to customers
d. None of these choices are correct. - Answer-B
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