Total shipping cost - Study guides, Class notes & Summaries

1. The total cost approach: a. Considers a trade-off in undertaking certain logistics decisions b. Is a logistics concept based on evaluation of the total cost implications of various activities c. Is a logistics concept based on the premise that the flow of materials within and outside the firm should be considered only in the context of their interaction. d. Is all of the above : b 1. ........... applies to the timely movement of materials from the sources of supply to the point of...

A shipping crate is a cube with volume 64 ft3. What is the internal height of the crate? correct answers 4 ft. The cost of the bolts used to fasten the panels in an elevator cab is $5 for 4 bolts. If a particular job calls for 80 bolts, what is the cost? correct answers $100 One amp is equal to 6,240,000,000,000,000,000 electrons per second. Write this rate using scientific notation. correct answers 6.24 x 10 18th power electrons per second The plans for the installation of cab walls ca...

LA Claims Adjuster Property and Causality Practice Exam 2 Questions and Answers Already Passed A single Declarations page common to all coverages A single conditions section common to all coverages A commercial package policy always includes Send the insured a reservation of rights letter If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person The basic limit for coverage F-medical payments of the standard homeowners form is nor...

to what extent did the political landscape change 1918-79? ARGUMENT- changes massively, war most prominent change PARA 1- rise of labour+decline of the liberals. Lloyd-george outed asquith, seen as traitor. caused a split in the liberals, failed to reunite for 1918 election. Tories rejected coalition, allowed labour to rise. ww1 led to more trade union members, no more fptp. labour became the main opposition in 1929, parties shared the goal of getting rid of liberals PARA 2- ww2. the war ...

5 lean principles - -eliminating waste -increasing speed and response throughout -improving quality (reducing variability) -reducing cost -maintaining respect for all workers assembly line balancing - -most difficult part of assembly -workers must be cost trained -U shaped assembly lines keep balance -process layout: flexible, high WIP -assembly layout: little flexibility , low WIP broad view of operations - "thats not my job" center of gravity method - -find location of distributio...

SCM 300 EXAM 4 | 2024 QUESTIONS AND ANSWERS The work of logistics involves ______. - transportation, inventory, order processing, warehousing, and facility network design The goal of logistics is to ______. - support procurement, manufacturing, and customer accommodation In 2016 US business logistics costs represented what portion of Gross Domestic Product (GDP)? - 7.5% Facility network design is concerned with which of the following? - How many buildings. The location of the ...

What information is contained in a balance sheet? - ANSWER-Report of a company's financial position as of a point in time. What is an owners' equity item? Accounts receivable Loans payable Capital stock Cash - ANSWER-Capital Stock A company ended July with assets of $150,000 and owner's equity of $60,000. What is the amount of liabilities at the end of July? - ANSWER-$90,000 What is reported in a multiple-step income statement that is not reported in a single-step income state...

QMB 3602 Final Exam Questions With Reviewed Correct Answers 1. A minimum-cost flow problem has 6 supply nodes, 4 transshipment nodes, and 5 demand nodes. Each supply node can ship to each transshipment node but cannot ship to any demand node or to any other supply node. Each transshipment node can ship to each demand node, but cannot ship to any supply node or to any other transshipment node. How many arcs will be included in the model? ANSWER : With 6 supply nodes, 4 transs...

Amanda is measuring the temperature. She looks at the thermometer and sees that it is somewhere between 65 and 66 degrees Fahrenheit. She is okay with the temperature in between two integers because she knows temperature is not ________ data, but temperature is _________ data.  a) Nominal, Ordinal  b) Nominal, Discrete  c) Continuous, Discrete  d) Discrete, Continuous Feedback: The correct answer is D. Temperature is not a measure that comes in increments (discrete) but is co...

Paradigm Change for business competition - Form, time, place, exchange --> Creating value Porter Chain Value - Inbound logistics, operations, outbound logistics, sales, service (primary activities) -Supplier base--> Integrated enterprise --> market/ distribution network Integrated Supply Chain Management - Traditional business coordination with particular organization within the supply chain for purposes of improving long term performances of individual enterprises and supply chai...