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Terms in this set (60)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. Logistical operations have two main flows inventory and information Which one of these concepts is not part of logistical integration objectives? Using less parcel shipping. Logistics is - the process that links supply chain participants into integrated operations Performance cycle uncertainty has the following trait: the larger the variance to desired goal, the bigger the impact Total Cost Logistics Model takes into consideration all expenditures necessary to perform logistical requirements Echelon logistics operating arrangements accomplish which of the following? Utilize warehouses to create inventory assortments and achieve consolidation economies. The three factors fundamental to transportation performance are cost, speed, and consistency Supply chain synchronization attempts to achieve which of the following? Coordinate multiple firms activities across the supply chain. The more significant the service ______ impact upon a customer's business, the greater the priority placed on error free logistical performance. failure Direct logistics operating arrangement accomplish which of the following? Ship products direct to the consumers destination from one or more locations. Since 2007 total US business logistics costs have increased dramatically, by more than 10% The logistics value proposition is the unique commitment of a firm to an individual or customer group The key element of order process is achieve accurate information to support logistics performance Warehousing, Materials Handling, and Packaging are unique in the sense that they
are an integral part of the other logistics areas Combined logistics operating arrangements do which of the following? Use both direct and echelon logistics solutions depending on the specific needs. Performance cycles contain which of the following? Inputs and outputs. When a firm "spot stocks" inventory they are engaged in placing inventory in a local warehouse in anticipation of future need Which type of material handling system typically has the highest fixed cost and the lowest variable cost? Automated. One function of a distribution warehouse is consolidation, which means the facility is being used to group small inbound shipments into one large outbound shipment A firm that supports an automotive assembly plant by providing just-in time inventory is engaged in sequencing A firm that groups small shipments for delivery to a retail mall is doing pooled delivery When orders are shipped directly to the customer, it is called drop shipping Which of the following is not an objective of industrial packaging? Advertising. Which of the following material handling systems offers the most flexibility? Information directed. Which of the following is not a benefit of public warehousing? Typically unionized. Public warehouses typically have low fixed and high variable cost Best warehousing practice is to allow the fast moving product to move quickly through the warehouse Which of the following is the rationale for plastic packaging? Sustainability. A company which has limited experience in warehousing who has a need to establish temporary warehouse facilities in multiple cities would most likely use: Public warehouses The four economic benefits of warehousing are: Consolidation, sorting, seasonal storage, and reverse logistics When a firm "spot stocks" inventory they are engaged in: Placing inventory in a local warehouse in anticipation of future need "Slotting" a warehouse means: Products are assigned a specific warehouse location The use of a Warehouse Management System(WMS) to route fork trucks on-demand is called: Task Interleaving A disadvantage of RFID tags versus UPC codes is that RFID is more expensive true
The warehouse functionality of sorting means that products are being assembled in custom assortments to meet the needs of specific orders. true The best approach to developing a distribution warehouse is to locate a vacant building and then design a material handling system that will work in that structure. false Declining transport rates per unit of weight as the weight shipped increases represents economy of scale The Jones Company learned that several other shippers located in its hometown had customers located in the same markets it serves. With this information, Jones could find it advantageous to investigate the potential of pooled delivery consolidation
There is increasing consolidation for the major logistics and supply chain service providers. Which of the following is the major justification for this consolidation? To offer a broad platform of integrated services. Which of the following are the major reasons for supply chain outsourcing? - To take advantage of operational economies of scale. Which of the following transportation modes is the best for end-to-end delivery? Motor Which of the following is NOT a driver of consolidation in the third-party logistics industry? Manufacturing capability. An organization that provides non-asset-based global network, inbound and outbound optimization is generally characterized as 4PL or logistics integrator If you want the consignee to be responsible for goods while they are in-transit you should ship products. to FOB origin Economic regulation of transportation includes all the following, EXCEPT regulation of drivers Which of the following is not an example of transportation safety regulation? Transitioning from stage three to stage four diesel engines to reduce emissions. Which of the following is not a characteristic of a global supply chain? Increased standardization. The tapering principle of transportation rates suggests that transportation charges increase at a decreasing rate with distance traveled To facilitate classification of a large variety of different items being shipped on a single invoice or order, a traffic manager may want to consider
FAK (freight-all-kinds) rates Which of the following modes of transportation has high fixed and low variable costs? Rail. The majority of the laborers for 3PL and 4PL organizations are typically non-union Which of the following modes of transportation has low fixed and high variable costs? Air. Which of the following is not an argument for using best of breed software products? Solution integration. Ocean transportation from Asia to the west coast of the US would typically require how much time? Two months. Logistics and supply chain outsourcing in North America is a ______ industry. growing The document that lists and details the contents and conditions of a shipment is called the bill of lading Sets with similar termsChapter 1157 terms claireroselatta Chapter 11. ops50 terms ncoron00 Supply Chain exam 1 (quizzes from cengage)105 terms geena_derosato OM chapter 1154 terms Jenna_Rose87 Sets found in the same folderBowersox Ch 313 terms Ben_Traub Smart Book Assignment Chapter 364 terms jaytol9262 Marketing 333 Test 161 terms rose_leadem SCM final62 terms katefehrle1 Other sets by this creatorMGT 409 EXAM 174 terms emmawegher5 MGT 409 Exam 167 terms emmawegher5 exam 1 scm26 terms emmawegher5 scm exam 3100 terms emmawegher5 Recommended textbook solutionsHuman Resource Management15th EditionJohn David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine 249 solutions Operations Management: Sustainability and Supply Chain Management12th EditionBarry Render, Chuck Munson, Jay Heizer 1,698 solutions
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Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions Other Quizlet setsBio: Quiz review 652 terms ande_joyce11 Metabolism 1: E1 - Digestion and Absorption of Car…21 terms jdbostek17 BIOE 2010: Biocompatibility Part I: Synthetic:39 terms e_kennedy09 Criminal Justice Quiz 527 terms lexi934772PLUS Related questionsQUESTION The best way to track employee motion is 2 answers QUESTION "I go above & beyond to exceed Guest exceptions." would best describe which one of Disney's 4 keys? 2 answers QUESTION An unusual aspect of the Green Mountain case is it included: 15 answers QUESTION 3. Which of these is NOT a standard method of compensation in the salon industry? 5 answers Which of the following activities are key parts of logistics?The five elements of logistics. Storage, warehousing and materials handling.. Packaging and unitisation.. Inventory.. Transport.. Information and control.. What do logistics systems provide?A logistics management system underpins that effort and includes inbound and outbound transportation management, warehouse management, fleet management, order processing, inventory control, supply and demand forecasting, and managing third-party logistics (3PL) service providers.
Which type of logistics ensures that each machine in a plant has the right material in the right quantity at the right time?The term production logistics is used to describe logistic processes within The Textile industry. The purpose of production logistics is to ensure that each machine and workstation is being fed with the right product in the right quantity and quality at the right time.
Which activity is a part of logistics management?Logistics management activities typically include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply/demand planning, and management of third party logistics services providers.
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