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LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials!

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LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! What is considered the most important responsibility a logistics manager has to customers? order fulfillment The logistics manager must coordinate several activities that ultimately lead to completing the custom...

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  • November 16, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+
GRADED .Buy Quality Materials!
What is considered the most important responsibility a logistics manager has to
customers?
order fulfillment

The logistics manager must coordinate several activities that ultimately lead to
completing the customer's order.
Logistics managers are responsible for 4 important aspects of your company's
business. Which of these is one of those aspects?
the level and flow of inventory

Logistics managers are responsible for transportation, distribution, and warehousing,
inventory control, and order fulfillment.
Q1:

What are the two key features in the flow of information within a logistics
network?
accessibility an relevance
Q2:

What is the ultimate goal of successful logistics management?
having a proper balance between inbound and outbound freight
Q3:

Where does the "bullwhip effect" have its greatest impact?
on retailers
Q4:
If you guess incorrectly about the inventory level you hold for the highest-
demand products, what will be the most damaging result to your company's
bottom line?
lost revenue from holding too much inventory
Q5:

A logistics manager wants to keep costs down, and not have to pay the extra cost
of rush shipments if demand exceeds forecasted sales. Which inventory
approach will the manager most likely use?
stored inventory
Q6:

Which business function is responsible for moving products through a supply
chain to the customer?
distribution

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