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A company would like to eliminate unnecessary returns and/or minimize handling It designs a process to check and screen merchandise at the entry point into the organization This is an example of:
Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a(n):
Which of the following statements best describes the primary objective of most warehouses'?
A company desires to improve its cash flow situation by postponing its customs duties payment until the last possible point in the supply chain. The company should consider using which type of warehouse?
According to the SCOR model, the five major categories of metrics that should be used to measure the performance of Process D1: Deliver Stocked Product include assets, costs, flexibility:
A company wants to minimize tariff costs while avoiding the need to file for duty drawback. Which of the following practices would best achieve this objective?
Which of the following modes of transportation is characterized as having the highest fixed cost and lowest variable cost?
What facility location method has the advantage of analyzing both quantitative data and hard-to-evaluate criteria'?
From a health and safety perspective, which of the following sets of parameters must be taken into account when considering manual material handling?
Which of following statements best describes the relationship between order cycle time and inventory?
What is the primary value-added service that a company would receive from using land-bridge services?
Which of the following is normally within the logistics function of a manufacturing organization?
A company setting up a warehouse wants to maintain a first in, first out (FIFO) stock rotation. Which of the following storage systems should they utilize?
A trucking company purchased a tractor-trailer for $150,000 to support its short-haul business The tractor-trailer will be in service for 5 years before it will be sold at $55;000. With annual fuel costs estimated at $12,000; what is the annual depreciation for the vehicle?
What may be the cause if the value of inventory is greater than the value of the net working capital?
A major retailer has informed a product manufacturer that they must take back all of their dunnage The manufacturer's major decision in implementing reverse logistics will most likely be to:
The key factors in modal determination when comparing the trade-off between cost and service include:
An ocean carrier's goal of maximizing total revenue of the entire ship by offering very competitive rates that cover their variable costs and then increasing rates according to what the traffic will bear is referred to as:
Which of the following outcomes is a potential advantage of operating an efficient reverse logistics process?
A planning process specifically designed to balance demand and supply within an organization and arrive at a consensus forecast is known as:
Which of the following modes of transportation is typically associated with detention charges?
Which of the following outcomes of warehouse operations is the most critical in designing a warehouse"?
A non-profit transportation membership cooperative that arranges for the domestic or international shipment of member's cargo over any mode of transportation is known as a(n):
Which of the following sets of elements are the major components of inventory carrying cost?
Major retailers place pressure on a manufacturer of liquid laundry products made with water to reduce the amount of water content by half. While the result will bring savings in almost every area, where should the manufacturer focus this green initiative improvement effort?
Which of the following costs are the most intangible and subjective of all the carrying cost elements'?
An organization concentrating its efforts on meeting the internal performance standards related to availability, operational performance, and reliability has focused on which of the following aspects of the customer relationship?
The allocation of revenues and costs to customer segments or individual customers in order to estimate segment value is known as
A company has a line haul cost between Point A and Point B of $5 per mile. The distance between the two points is 750 miles. What is the cost per hundredweight (cwt) for a shipment weighing 45.000 pounds?
A company has prioritized customers A. B, and C. filling orders in that sequence. What are the impacts to customer service levels for customers B and C?
A company finds itself constantly expediting its customer's retail store deliveries in order to prevent stock-outs. The best solution to this problem is to;
An American company that ships bulk product manufactured in Asia and sold in Europe may consider which of the following intermodal practices to help minimize total transportation costs?
In building a daily route schedule, which of the following factors provides the greatest challenge for a transportation manager?
One characteristic that could make it challenging for a foreign company to penetrate the United States (U S.) market is that the U.S. often has: