LSCM 3960 Exam Quiz 8, 9, & 10 Rated
A+ New Update
The SCOR model provides suggested metrics: - Answer- across multiple dimensions for
each of the five Level One processes
The time that elapses from when a company receives an order until it gets paid for
delivering the order is called the: - Answer- order to cash cycle
Those customers who are in the "Danger Zone" segment are: - Answer- the least
profitable
The traditional role of customer service at the interface between marketing and logistics
manifests itself through the _____ dimension of the marketing mix. - Answer- place
Activity Based Costing: - Answer- can be combined with customer segmentation
Seasonal stocks are not influenced by: - Answer- EOQ
As Q decreases for EOQ, the cost per order: - Answer- decreases
Inventory as an asset on the balance sheet and a _____ on the income statement. -
Answer- variable expense
This type of inventory is influenced by the reliability of demand and lead time. - Answer-
WIP
The roles of the distribution center include _____. - Answer- balancing supply and
demand, protecting against uncertainty, and promoting transportation economies
One important interaction that must be considered is the tradeoff between distribution
and _____. - Answer- transportation
As the number of picks per order picker decreases on a given tour, his/her total time out
_____ and the time per pick _____. - Answer- decreases; increases
A downside of direct shipping is: - Answer- can create higher transportation charges
The key financial consideration in choosing between private and 3PL distribution
options is: - Answer- volume of product being moved
The first facility consideration is to determine: - Answer- the size of each operation
within the network
A+ New Update
The SCOR model provides suggested metrics: - Answer- across multiple dimensions for
each of the five Level One processes
The time that elapses from when a company receives an order until it gets paid for
delivering the order is called the: - Answer- order to cash cycle
Those customers who are in the "Danger Zone" segment are: - Answer- the least
profitable
The traditional role of customer service at the interface between marketing and logistics
manifests itself through the _____ dimension of the marketing mix. - Answer- place
Activity Based Costing: - Answer- can be combined with customer segmentation
Seasonal stocks are not influenced by: - Answer- EOQ
As Q decreases for EOQ, the cost per order: - Answer- decreases
Inventory as an asset on the balance sheet and a _____ on the income statement. -
Answer- variable expense
This type of inventory is influenced by the reliability of demand and lead time. - Answer-
WIP
The roles of the distribution center include _____. - Answer- balancing supply and
demand, protecting against uncertainty, and promoting transportation economies
One important interaction that must be considered is the tradeoff between distribution
and _____. - Answer- transportation
As the number of picks per order picker decreases on a given tour, his/her total time out
_____ and the time per pick _____. - Answer- decreases; increases
A downside of direct shipping is: - Answer- can create higher transportation charges
The key financial consideration in choosing between private and 3PL distribution
options is: - Answer- volume of product being moved
The first facility consideration is to determine: - Answer- the size of each operation
within the network
