BSOP 434 Logistics All Quizzes Week 3 and 6 Devry

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BSOP 434 Logistics Week 3,6 Quiz

Week 3 Overview of Logistics Quiz - Version 1

(TCO 2) Which of the following are not key attributes of supply chain management? (Points : 3) (TCO 2) Sorting customers into groups with similar logistical needs and wants and then providing them with the service appropriate to those needs and wants is known as: (Points : 3) (TCO 2) The current Global Supply Chain Forum (GSCF) model identifies ____ key processes associated with supply chain management. (Points : 3) (TCO 2) Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of: (Points : 3) (TCO 1) The EOQ determines: (TCO 1) The reorder point (ROP) is defined as the: (TCO 1) A commonly used estimate for inventory carrying costs is ____. (TCO 3) A transportation manager who purchases a prespecified level of transportation services, regardless of the mode(s) and/or carrier(s) providing the transportation services, is known as a(n): (TCO 3) Based on cost, speed, and capacity, which of the following modes is most suitable for high-value, low-volume products (may be perishable or otherwise require urgent delivery)? (TCO 3) Which mode was not the best or worst on any of the six attributes (e.g., capability, flexibility, etc.) used to compare the modes? (TCO 4) What is a free trade zone? What functions might be performed in it? (TCO 3) What are the five modes of transportation a firm can use? (TCO 6) What is order management? (TCO 5) What is package monitoring?

Week 3 Overview of Logistics Quiz - Version 2

(TCO 2) All of the following terms have been used to refer to business logistics except: (Points : 3) (TCO 2) The movement and storage of materials into a firm refers to: (TCO 2) Two of the most prominent supply chain management frameworks are the Supply-Chain Operations Reference (SCOR) model and the ____ model. (TCO 2) Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of: (TCO 1) Stocks of goods and materials maintained for satisfaction of demand are known as: (TCO 1) Inventory held for a number of reasons, including projected price increases, seasonal demand, and potential stockouts, is referred to as: (TCO 1) Inventory turnover can be calculated by: (Points : 3) (TCO 3) A transportation manager who purchases a prespecified level of transportation services, regardless of the mode(s) and/or carrier(s) providing the transportation services, is known as a(n): (TCO 3) Transportation specialists who look to match the shipper’s freight with a carrier are known as: (TCO 3) Which mode was not the best or worst on any of the six attributes (e.g., capability, flexibility, etc.) used to compare the modes? (TCO 4) How can advances in technology and communication influence the facility location decision? (TCO 3) How are carriers legally classified? (TCO 6) What are the five ways an order can be transmitted? (TCO 5) What is unit load?

Week 6 Traffic Management & Forecasting Quiz - Version 1

(TCO 7) The recognizes U.S. organizations for their achievements in quality and performance. (TCO 7) Which of the following is not a typical task or objective associated with procurement? (TCO 7) The raw materials, component parts, and supplies bought from outside organizations to support a company’s operations define: (TCO 7) A focus on satisfying internal customers is associated with which procurement objective? (TCO 8) What is used in areas where dock workers cannot read but need a method to keep documents and shipments together? (TCO 8) Incoterms refer to: (TCO 8) A letter of credit . (TCO 10) What is the primary difference between pilferage and theft? (TCO 10) refers to measurement that ensures conformity with an organization’s policies, procedures, and standards. (TCO 10) Skylights and large windows that incorporate solar energy can reduce energy usage in a warehouse between and %. (TCO 9) What are the benefits of EDI? (TCO 10) What is the difference between centralized and decentralized logistics organizations? (Points : 5) (TCO 12) What is the relationship between demand management and order management? (Points : 5) (TCO 11) What are the three primary factors for determining rates? (Points : 5)

Week 6 Traffic Management & Forecasting Quiz - Version 2

(TCO 7) Which of the following statements is false? (Points : 3) (TCO 7) What is the final step in the supplier selection and evaluation process? (Points : 3) (TCO 7) refers to the raw materials, component parts, and supplies bought from outside organizations to support a company’s operations. (Points : 3) (TCO 7) What is the final step in the supplier selection and evaluation process? (Points : 3) (TCO 8) Which of the following is a political restriction on international trade? (Points : 3) (TCO 8) International freight forwarders can provide a number of functions. Which is not one of them? (Points : 3) (TCO 8) A letter of credit . (TCO 10) What is the primary difference between pilferage and theft? (TCO 10) __ refers to measurement that ensures conformity with an organization’s policies, procedures, and standards. (Points : 3) (TCO 10) The two areas in logistics systems where most energy costs occur are __ and . (Points : 3) (TCO 9) What is the primary object of a transaction processing system? (TCO 10) What is a unified logistics structure? (TCO 12) What are the three types of demand forecasting? (TCO 11) What are the four factors used in determining a product’s freight classification?

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