Logistics and Supply Chain Quiz

Which of the following best defines logistics?

• The marketing of products only

• The management of people in the office

• The planning and control of the movement and storage of goods

• The design of warehouses

What is the main difference between supply chains and logistics?

• Supply chains are internal; logistics is external

• Logistics is a subset of supply chains

• Supply chains are slower than logistics

• Logistics is more expensive than supply chains

Which of the following is an example of forward logistics?

• Returning a damaged phone

• Recycling used batteries

• Shipping a finished laptop to a customer

• Disposing of outdated goods

What is reverse logistics primarily concerned with?

• Advertising products

• Product movement from manufacturer to customer

• Movement of goods from customer back to source

• Moving services from one city to another

Which of the following is not a type of inventory?

• Raw materials

• Work-in-process

• Logistics staff

• Finished goods

The logistics involved in moving goods between different facilities is called:

• Internal logistics

• Production logistics

• External logistics

• Inbound logistics

What is the main objective of circular supply chains?

• Increasing the cost of production

• Reducing inventory

• Recycling and reusing materials to reduce waste

• Selling products faster

Which logistics activity handles the return of goods from customer to manufacturer?

• Forward logistics

• Inbound logistics

• Reverse logistics

• Outbound logistics

Which is a reason for holding inventory?

• To lose profits

• Seasonal demand

• To avoid storage costs

• To decrease customer service

What is a finished good?

• A product still in production

• A raw material

• A fully assembled product ready for sale

• A product stored in a raw material warehouse