LM Quiz 1

What is the primary purpose of logistics management?

• To reduce customer service levels

• To eliminate all transportation costs

• To increase product prices

• To move inventory in a supply chain effectively and efficiently

Which of the following is NOT a major function of logistics?

• Transportation

• Marketing Strategy

• Inventory Management

• Order Processing

What does 'JIT' stand for in inventory management?

• Job Inventory Technique

• Just In Transit

• Joint Inventory Tracking

• Just In Time

Which activity is part of outbound logistics?

• Order Receiving

• Receiving shipments

• Sourcing materials

• Inventory control

What is the role of warehousing in logistics?

• To manufacture products

• To manage supplier relationships

• To store finished goods until delivery

• To sell products directly to customers

Which of the following best describes 'Logistical Packaging'?

• Packaging that influences logistical efficiency

• Packaging that is only for retail products

• Packaging that is not important in logistics

• Packaging based on marketing objectives

What is a key factor in the success of logistics?

• High inventory levels

• Minimal use of technology

• Ignoring customer feedback

• Effective integration of logistics components

Which of the following is a component of the customer value chain?

• All of the above

• Procurement

• Transportation

• Marketing & Sales

What does the term 'Inbound Logistics' refer to?

• Pre-production logistical activities

• Transportation of finished goods

• Marketing logistics

• Post-production activities

Which of the following is a primary objective of logistics management?

• To reduce the number of suppliers

• To eliminate inventory

• To extend customer service at least cost

• To increase product prices