LOGISTICS

Form utility is created by …..

• A.     Logistics function

• A.     Distribution function

• A.     Manufacturing function

• A.     Procurement function

Logistics, in its simplest form, …

• A.     Is a military term, as it was developed originally to supply the battlefield

• A.     Combines inbound logistics with the outbound logistics of physical distribution

• A.     Is another term for transportation management

• A.     Does not involve customer service or other related functions

Capacity is …

• Determined by raw materials flows

• The maximum amount of work that an organization is capable of completing in a given period of time.

• Determined by raw materials flows

• Determined by lean manufacturing

Just-in-time (JIT) is a practice originally followed in __

• China

• America

• Britain

• Japan

The supply chain function works with marketing to manage the movement of physical goods throughout the supply chain. This supply chain activity is

• Purchasing

• Forecasting

• Logistics

• Capacity planning

Which problem is distribution NOT going to solve?

• a.     Coordination between places of origin and destination is complex.

• a.     Production and consumption are not matched

• a.     Small-quality shipping is costly.

• a.     Quality of a product is poor inside the manufacturing plant.

“3PL” involves hiring a supplier to provide __ service.

• Design

• Marketing

• Contract manufacture

• Logistics

Which of the following is the first stage in a supply chain for a chocolate bar? V

• A.     The manufacturer of the chocolate bar

• A.     The supplier of cocoa beans

• A.     The manufacturer of the chocolate bar

• A.     The retailer

Which mode of transportation does NOT have a transit time disadvantage? AI

• Rail

• Pipeline

• Water

• Air

When holding goods in a warehouse, which of the following cost is involved?

• Processing cost

• Inventory cost

• Transportation cost

• Facility cost