SCM 413 Final Exam Questions With Complete Solutions
A carrier estimates cost of providing service and then adds on a
percent profit margin. This is called: Correct Answers Cost of
service strategy
According to Maslow, workers will __________. Correct
Answers Seek physiological needs and safety before friendship
and self-esteem issues
According to McGregor: Correct Answers Theory X workers
do not want to work
According to Weber, a finished product with a weight index of
1.5 should be located: Correct Answers Close to the intended
product customer
According to Weber, a weight ratio of less than 1.0, would
indicate: Correct Answers A weight losing product
All of the following are examples of international logistics
documentation except Correct Answers Shipping invoice
All other things being equal, domestic sourcing would be
suggested for ______. Correct Answers products with many
variations
Among the following choices which is typically the most
expensive transportation mode: Correct Answers Air
,An example of an operational consideration to support global
supply chains is: Correct Answers the amount of documentation
required
An example of positive reinforcement according to Skinner is:
Correct Answers Monetary bonus
An organization that provides logistics execution system such as
warehouse and transportation management systems is ______.
Correct Answers 3PL
An organization that provides non-asset-based global network,
inbound and outbound optimization is generally characterized as
______. Correct Answers 4PL or logistics integrator
Base point pricing is an example of Correct Answers Delivered
pricing
Borrowing money to pay for products while they are being
shipped is an example of which type of hidden cost? Correct
Answers Finance charges
Countertrade is when: Correct Answers A seller agrees to
accept products as payment as part of the sales agreement
Declining transport rates per unit of weight as the weight
shipped increases represents ______. Correct Answers economy
of scale
Economic regulation of transportation includes all the following,
EXCEPT ______. Correct Answers regulation of drivers
, Establishing defined communication protocols in case of a
contamination/security incident is an example of which of the
security best practices? Correct Answers Communication
management.
Fashion goods are at a high risk for which type of hidden cost?
Correct Answers Obsolescence
Firms that apply a higher inventory carrying cost percent would
likely do all of the following, EXCEPT ______. Correct
Answers maximize purchase quantities from suppliers to reduce
per unit cost
Fredrick Winslow Taylor is associated with which school of
management thought? Correct Answers Scientific Management
Generally the least costly method of moving product that is not
gaseous, liquid, or slurry is: Correct Answers water
If a company has no international strategy, what should their
delivery plan be? Correct Answers Direct to customer.
If a product that is to be sold in the U.S. is made in China and
shipped by ocean, what cost category is going to be higher than
if the product was made domestically? Correct Answers Both
QA inspection and freight.
If a transportation vehicle has completed a delivery and is
returned empty, the situation is called a: Correct Answers
Deadhead
A carrier estimates cost of providing service and then adds on a
percent profit margin. This is called: Correct Answers Cost of
service strategy
According to Maslow, workers will __________. Correct
Answers Seek physiological needs and safety before friendship
and self-esteem issues
According to McGregor: Correct Answers Theory X workers
do not want to work
According to Weber, a finished product with a weight index of
1.5 should be located: Correct Answers Close to the intended
product customer
According to Weber, a weight ratio of less than 1.0, would
indicate: Correct Answers A weight losing product
All of the following are examples of international logistics
documentation except Correct Answers Shipping invoice
All other things being equal, domestic sourcing would be
suggested for ______. Correct Answers products with many
variations
Among the following choices which is typically the most
expensive transportation mode: Correct Answers Air
,An example of an operational consideration to support global
supply chains is: Correct Answers the amount of documentation
required
An example of positive reinforcement according to Skinner is:
Correct Answers Monetary bonus
An organization that provides logistics execution system such as
warehouse and transportation management systems is ______.
Correct Answers 3PL
An organization that provides non-asset-based global network,
inbound and outbound optimization is generally characterized as
______. Correct Answers 4PL or logistics integrator
Base point pricing is an example of Correct Answers Delivered
pricing
Borrowing money to pay for products while they are being
shipped is an example of which type of hidden cost? Correct
Answers Finance charges
Countertrade is when: Correct Answers A seller agrees to
accept products as payment as part of the sales agreement
Declining transport rates per unit of weight as the weight
shipped increases represents ______. Correct Answers economy
of scale
Economic regulation of transportation includes all the following,
EXCEPT ______. Correct Answers regulation of drivers
, Establishing defined communication protocols in case of a
contamination/security incident is an example of which of the
security best practices? Correct Answers Communication
management.
Fashion goods are at a high risk for which type of hidden cost?
Correct Answers Obsolescence
Firms that apply a higher inventory carrying cost percent would
likely do all of the following, EXCEPT ______. Correct
Answers maximize purchase quantities from suppliers to reduce
per unit cost
Fredrick Winslow Taylor is associated with which school of
management thought? Correct Answers Scientific Management
Generally the least costly method of moving product that is not
gaseous, liquid, or slurry is: Correct Answers water
If a company has no international strategy, what should their
delivery plan be? Correct Answers Direct to customer.
If a product that is to be sold in the U.S. is made in China and
shipped by ocean, what cost category is going to be higher than
if the product was made domestically? Correct Answers Both
QA inspection and freight.
If a transportation vehicle has completed a delivery and is
returned empty, the situation is called a: Correct Answers
Deadhead
