Global ops Actual Final Exam 2026|| MOST RECENT EXAM
ACTUAL COMPLETE REAL EXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ |
GUARANTEED SUCCESS!! NEWEST EXAM | JUST RELEASED!!
what are the key flows in supply chain management?
the key flows of supply chain management include:
- physical flows of materials
- flows of information that inform the supply chain
- resources (especially finance, but also others such as
people and equipment) which help the supply chain to
operate effectively)
what is logistics?
the process of planning, implementing and controlling
procedures for the efficient and effective transportation and
storage of goods including services and related information
from the point of origin to the point of consumption for the
purpose of conforming to customer requirements
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logistics involves...
- The Right Product
- In the Right Quantity and Right Condition
- In the Right Place at the Right Time
- For the Right Customer at the Right
Cost NOT JUST TRUCKS AND SHEDS
right produce, right customer, right time, right place, right condition, right
quantity, and right cost are what?
the 7 r's of logistics
what is contended to be more of a driver of globalization than any trade
agreement? (started in 1956)
containerization
what is a quicker, safer, and more cost-effective movement of freight?
containerization
what improved productivity and scale?
containerization
shipping containers carry what percent of international seaborne trade?
16%, value terms is over 60% of international seaborne trade
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where there are unnecessary flow of goods to take advantage of lower tax
rate is what?
product tourism
mode of transportation is determined by what?
volume and value of the fright, distance travelled, availability of different
services, and freight rates to be charged
specialty in managing logistics is called what?
logistics service providers (LSPs)
will have to recover certain fixed costs for transporting a consignment
categorizes as what?
LSPs
for what type of shipments does the rate per pound typically decrease as the
fixed costs can be spread over a larger weight? lighter or heavier
shipments
heavier
what is based on the dimensions of the consignment?
volumetric charging
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when is volumetric charging performered?
for bulky or difficult to handle shipments
which transportation mode has a fixed cost low because infrastructure is
already in place?
road
which transportation mode has variable cost being medium because of
rising fuel costs, maintenance and increasing use of road and congestion
charges?
road
which transportation mode has positive speed, availability, connectivity and
dependability?
road
which transportation mode has negative capability due to limited capacity on
weight and volume?
road
which transportation mode has fixed cost being high as expensive equipment
requirements?
rail
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