Logistics Quiz

What is the definition of logistics?

• Selling products to customers

• Producing goods in a factory

• Managing the flow and storage of materials from origin to consumption

• Moving goods from one place to another

What are the five rights in logistics?

• Right quality, right quantity, right customer, right time, right place

• Right material, right place, right time, right quantity, right customer

• Right quantity, right price, right customer, right time, right place

• Right material, right cost, right customer, right time, right place

What are the three main functions of a warehouse?

• Movement, Storage, Information transfer

• Transportation, Inventory, Customer service

• Receiving, Shipping, Packaging

• Order picking, Cross docking, Inventory management

What is the main purpose of inventory management?

• To minimize the total cost of logistics activities

• All of the above

• To predict the impact of corporate policies

• To increase corporate profitability

What are the functions of packaging?

• Protection, Apportionment, Unitization, Communication

• Containment, Protection, Unitization, Convenience

• Containment, Unitization, Communication, Convenience

• Containment, Protection, Apportionment, Communication

What is the economic impact of logistics?

• Effects on price

• Variety of goods

• All of the above

• Land values