LSCM FINAL EXAM REVIEW WITH CORRECT ANSWERS 100% 2026

LSCM FINAL EXAM REVIEW WITH CORRECT ANSWERS 100% 2026 A sales and operations planning process (S&OP) can produce a forecast internally that all functional areas agree upon and can execute. TRUE OR FALSE - Correct Answer TRUE Nonintegrated air carriers do not supply door-to-door service. TRUE OR FALSE - Correct Answer TRUE Logistics facilities and their locations are relatively variable and easily modified in the short term. TRUE OR FALSE - Correct Answer FALSE Mean Absolute Deviation (MAD) is a good metric of forecast accuracy because it shows whether a forecast is above or below actual demand. TRUE OR FALSE - Correct Answer FALSE The railroads have not shared in the growth in transportation and so do not have any capacity issues. TRUE OR FALSE - Correct Answer FALSE 4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically involved. TRUE OR FALSE - Correct Answer TRUE Corporate reengineering is often a reason for examining the firm's current logistics/supply chain network. TRUE OR FALSE - Correct Answer TRUE Facilities may sometimes be located where senior officers prefer. TRUE OR FALSE - Correct Answer TRUE Drivers and facilitators are internal issues that an organization must address before seeking a 3PL. TRUE OR FALSE - Correct Answer FALSE A carrier is never excused from a claim. TRUE OR FALSE - Correct Answer FALSE Which management area in an organization does not normally have transportation responsibility? a. Marketing b. Manufacturing c. Procurement d. Logistics - Correct Answer b. Manufacturing The most important trade-off in logistics is between: a. warehousing and packaging. b. inventory and packaging. c. transportation and warehousing. d. transportation and inventory. - Correct Answer d. transportation and inventory. What is often the largest component of logistics costs? a. Inventory costs b. Transportation costs c. Shipper-related costs d. Administrative costs - Correct Answer b. Transportation costs Vertical collaboration refers to: a. collaboration among buyers and sellers in the supply chain. b. collaboration among carriers and shippers. c. collaboration that moves up the supply chain. d. collaboration with competitors. - Correct Answer a. collaboration among buyers and sellers in the supply chain. This mode of transportation is the one most often used in intermodal shipments. a. Air