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Question 1. 1. (TCO 10) ________ & ________ are the two basic organizational
structures associated with logistics. (Points : 5)
Centralized; hierarchical
Fragmented; centralized
Fragmented; unified
Unified; hierarchical
Question 2. 2. (TCO 10) One problem with a _________ logistics structure is that,
because logistics activities are scattered throughout the firm, they likely remain
subservient to the objectives of the department in which they are housed. (Points : 5)
matrix
fragmented
decentralized
unified
hierarchical
Question 3. 3. (TCO 3) Rate structures deal with three factors. Which of the following is
not one of them? (Points : 5)
Shipment weight
Shipment distance
Product
Shipment direction
All of the above
Question 4. 4. (TCO 3) A transportation manager who purchases a pre specified level of
transportation services, regardless of the mode and/or carrier providing the
transportation services, is known as a(n): (Points : 5)
amodal shipper.
logistics manager.
modal shipper.
transportation manager.
None of the above
Question 5. 5. (TCO 2) A function in organization that encompasses all activities
associated with the flow & transformation of goods from the raw material stage through
to the end user, as well as the associated information flows, is termed: (Points : 5)
production line.
, supply chain.
marketing channel.
warehouse.
Question 6. 6. (TCO 2) Which of the following is not a key attribute of supply-chain
management? (Points : 5)
Inventory control
Leveraging technology
Customer power
All are key attributes.
Question 7. 7. (TCO 1) Inventory held for a number of reasons, including projected price
increases, seasonal demand, & potential stockouts, is referred to as: (Points : 5)
speculative stock.
safety stock.
buffer stock.
pipeline stock.
Question 8. 8. (TCO 1) Vendor managed inventory (VMI) benefits include: (Points : 5)
reduced inventories.
fewer stockouts.
higher revenues.
a, b, & c
Question 9. 9. (TCO 8) International freight forwarders can provide a number of
functions. Which is not one of them? (Points : 5)
Booking space on carriers
Obtaining consular documents
Preparing an export declaration
Arranging for insurance
All are possible functions.
Question 10. 10. (TCO 8) What is used in areas where dock workers cannot read but need
a method to keep documents & shipments together? (Points : 5)
An RFID tag
A shipper's mark
A bar code
A shipment coordinator
Question 11. 11. (TCO 7) Which of the following statements is false? (Points : 5)