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MKT 411 Chapter 9-13 MindTap Questions With Complete Solutions

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MKT 411 Chapter 9-13 MindTap Questions With Complete Solutions

Instelling
MKT 411
Vak
MKT 411

Voorbeeld van de inhoud

MKT 411 Chapter 9-13 MindTap Questions With Complete
Solutions

______________ creates the efficient flow of goods between
supply chain partners, allowing profits and competitive
advantage to be maximized.
a. Procurement
b. Transportation planning
c. Operations
d. Logistics Correct Answers d. Logistics

_______________ carry the majority of the world's water-
transported manufactured goods.
a. Barges
b. Supertankers
c. Containerships
d. None of these choices are correct. Correct Answers c.
containerships

________________ are the most flexible mode of transportation
and account for 70 percent of all the freight tonnage moved in
the U.S.
a. rail carriers
b. air carriers
c. water carriers
d. motor carriers Correct Answers d. motor carriers

________________ is important because what we do today will
affect future generations.
a. An offshore factory
b. Sustainable development

,c. Customer churn
d. Progressive design Correct Answers b. Sustainable
development

____________________ tends to reduce safety stocks among
supply chain members, generating even less variability in supply
chain orders?
a. Internal quality standards
b. Forward Integration
c. Information visibility
d. All of these choices are correct. Correct Answers c.
information visibility

A ___________________ consolidates large numbers of small
shipments to fill entire truck trailers or rail cars to achieve
truckload or carload transportation rates.
a. Load broker
b. Transportation broker
c. Consolidation forwarder
d. Freight forwarder Correct Answers d. Freight forwarder

A basic strategy for managing capacity is:
a. Focus strategy
b. Differentiation strategy
c. Queue management strategy
d. Level demand strategy Correct Answers d. Level demand
strategy

A certain organization trying to decide where to locate their
future factory is considering three locations. They are taking into
account three factors: labor costs, currency stability, and

, proximity to market. Using the weights for each factor listed
below and the scores achieved by each of the three considered
locations, determine which location should be chosen for the
new facility based on the weighted factory location model.
SCORES (Maximum 100)FACTORWEIGHTSITE ASITE
BSITE CLabor Cost0.25928284Currency
Stability0.35758588Proximity to
Market0.30805060Taxes0.10698891
a. Site B
b. Site C
c. Site A
d. All sites are equally attractive. Correct Answers c. Site A

A current warehouse system has five warehouses with 4,000
units at each warehouse. The company desires to change to three
warehouses to become more centralized and keep the same
customer service levels. Determine the average warehouse
inventory levels, using the square root rule. (Choose the closest
answer.)
a. 11,619
b. 6,667
c. 15,492
d. 25,820 Correct Answers c. 15,492

A customer approaches a firm with a question regarding her
order status and shipping date; the information the firm provides
is an example of which of the eight key supply chain business
processes:
a. Supply management process
b. Order fulfillment process
c. Customer service management process

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