Bsop 434 Logistics with Lab Week 8 Final Exam

BSOP 434 Logistics With Lab Week 8 Final Exam

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Question 1. 1. (TCO 10) ________ and ________ are the two basic organizational structures associated with logistics.  
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.  
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?  
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):  
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 and transformation of goods from the raw material stage through to the end user, as well as the associated information flows, is termed:  
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?  
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, and potential stockouts, is referred to as:  
speculative stock.
safety stock.
buffer stock.
pipeline stock.

Question 8. 8. (TCO 1) Vendor managed inventory (VMI) benefits include:...