DeVry BSOP434 Final Exam

Question 1. 1.(TCO 10) The most recent development in the supervision of trucks and their drivers involves: (Points : 5) cooperation among various law enforcement agencies. tachographs. digital cameras positioned at various locations along interstate and primary highways. global satellites. Question 2. 2.(TCO 10) One problem with a _____ logistics structure is that, because logistics activities are scattered throughout the firm, they likely remain subservient to the objectives of the department in which they are housed. (Points : 5) matrix fragmented decentralized unified hierarchical Question 3. 3.(TCO 3) Transportation attributes include which of the following factors? (Points : 5) Reliability Capability Flexibility Speed All of the above Question 4. 4.(TCO 3) A transportation manager who purchases a pre specified level of transportation services, regardless of the mode and/or carrier providing the transportation services, is known as a(n): (Points : 5) amodal shipper. logistics manager. modal shipper. transportation manager. None of the above Question 5. 5.(TCO 2) All of the following terms have been used to refer to business logistics except: (Points : 5) business logistics. industrial distribution. logistics management. All of the above are correct. Question 6. 6.(TCO 2) Which of the following is not a key attribute of supply-chain management? (Points : 5) Inventory control Leveraging technology Customer power All are key attributes. Question 7. 7.(TCO 1) The EOQ determines: (Points : 5) the point at which a company should reorder. the point at which carrying costs equal ordering costs. the point at which the sum of carrying costs and ordering costs is maximized. the relevant inventory flow for a particular time period. Question 8. 8.(TCO 1) Which of the following is part of the inventory classification? (Points : 5) Cycle stock Speculative stock Pipeline stock All of the above Question 9. 9.(TCO 8) Incoterms refer to: (Points : 5) a specific method of payment for international shipments. the standardization of international trade terminology. the standardized procedures for handling international shipments. the terms of sale for international shipments. Question 10. 10.(TCO 8) Which of the following is a political restriction on international trade? (Points : 5) Nontariff barriers Barring certain types of shipments Tariffs All of the above Question 11. 11.(TCO 7) The _____ recognizes U.S. organizations for their achievements in quality and performance. (Points : 5) Six Sigma ISO 9000 U.S. Department of Commerce Commendation of Quality Malcolm Baldrige National Quality Award Question 12. 12.(TCO 7) Procurement and _____ are viewed as synonymous terms. (Points : 5) purchasing inbound logistics supply management materials management Question 13. 13.(TCO 4) Logisticians and supply chain managers have a particular interest in _____ taxes. (Points : 5) real estate corporate income inventory severance

1. (TCO 4) The purpose of _____ zones is to encourage business development in economically depressed portions of a particular city. (Points : 5)

commercial

free trade

privatization

empowerment

Question 2. 2. (TCO 5) What is a placard? (Points : 5)

A device used to monitor engine speed

A distinct sign that identifies hazardous material

A protective wrap for shipments that might freeze while in transit

A type of manually operated materials handling equipment

Question 3. 3. (TCO 5) The basic unit in unit loading is: (Points : 5)

a box.

a crate.

a pallet.

a container.

Question 4. 4. (TCO 6) The order cycle is: (Points : 5)

the time it takes for a check to clear.

the time it takes from when a customer places an order until the selling firm receives the order.

also called the replenishment cycle.

also called the vendor cycle.

Question 5. 5. (TCO 6) Order transmittal is: (Points : 5)

the same thing as an order cycle.

the series of events that occur between the time a customer places an order and the time the seller receives the order.

the series of events that occur between the time the customer perceives the need for something and the time the seller receives the order.

the series of events between the time a customer places an order and the time the order cycle begins.

Question 6. 6. (TCO 9) Spreadsheets represent what general type of information management system? (Points : 5)

A communication system

A transaction processing system

A decision support system

An office automation system

Question 7. 7. (TCO 9) The most relevant general software package for logisticians is(are): (Points : 5)

word processing.

e-mail.

presentation packages.

spreadsheets.

Question 8. 8. (TCO 12) Which of the following is not a basic type of demand forecasting model? (Points : 5)

Exponential smoothing

Cause and effect

Judgmental

Time series

Question 9. 9. (TCO 12) Which of the following is true? (Points : 5)

Computer software for demand forecasting dates back about 25 years.

One challenge to collaborative planning, forecasting, and replenishment is getting supply chain partners to share data.

The Excel software package tends to generate forecasts that generate very little error.

SAP is the most widely used software package for demand forecasting.

Question 10. 10. (TCO 11) _____ refers to how easy a commodity is to pack into a load. (Points : 5)

Ease of handling

Recoupering

Stowability

Drayage

Question 11. 11. (TCO 11) The most important single transportation document is the: (Points : 5)

bill of lading.

freight bill.

commercial invoice.

certificate of origin.

Question 12. 12. (TCO 13) Distribution centers emphasize _____ and their primary purpose is to maximize_____. (Points : 5)

product storage; throughput

product storage; usage of available storage space

rapid movement of product; throughput

rapid movement of product; usage of available storage space

Question 13. 13. (TCO 13) Which of the following is not a characteristic of public warehousing? (Points : 5)

It requires no capital investment from user.

The user receives a regular bill for space used.

It's good for companies dealing with large volumes of inventory.

There is a lack of control by the user.

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Question 1. 1. (TCO 4) Discuss the advantages of grid systems, such as the center-of-gravity and the weighted center-of-gravity approaches. (Points : 10)

Question 2. 2. (TCO 9) Name the six general types of information systems and give one logistics application for each one that you name. (Points : 10)

Question 3. 3. (TCO 9) Why are some companies hesitant to adopt RFID technology? (Points : 10)

Question 4. 4. (TCO 12) Briefly discuss cause and effect demand forecasting. (Points : 10)

Question 5. 5. (TCO 13) According to the text, what is contract warehousing? (Points : 10)

Question 6. 6. (TCO 14) Why is there a high risk associated with implementing Distribution Resource Planning (DRP)? (Points : 10)

Question 7. 7. (TCO 3) How are carriers legally classified? (Points : 10)

Question 8. 8. (TCO 6) What is pick-to-light technology? (Points : 10)

Question 9. 9. (TCO 5) Compare and contrast the various handling characteristics associated with bulk cargoes. (Points : 30)

Question 10. 10. (TCO 6) Examine the order picking and assembly operations. Assess how and why they are needed. (Points : 30)

Question 11. 11. (TCO 11) Compare and contrast the three primary factors for determining rates. (Points : 30)