Exam 1: Certification in Logistics, Transportation and Distribution

Which of the following theories is illustrated in the list below? Stage 1: A new product is created to fill a domestic need and produced locally. Stage 3: The newly created product is offered to international customers. Stage 4: International customers develop expertise and offer the product at a lower cost to the original country.

A tracking company picks up a shipment and takes it to a terminal where it is consolidated with over shipments going to the same city. This trucking company is most likely a:

A logistics company operates 10 distribution centers in China totaling 20 million square meters of floor space. Based on the typical utilization factors, how many total square meters are devoted to storage?

Which of the following categories is a weakness of the rail systems?

In addition to declaring the origin of goods, a certificate of origin is used to determine the:

A company calculating shipping volume in unit load device containers is focusing on which mode of transportation?

Which of the following items undermines the attempts to simplify transportation pricing?

Random stocking can be greatly improved through the use of a(n):

Which of the following order characteristics would make increased levels of inventory necessary?

Airfreight companies often use dimensional (dim) weight to cost out shipments because of which of the following attributes of the product?

Which of the following forms of supply chain risk is considered the most disruptive?

A carrier takes three weeks to deliver a product which has average sales of 1,000 units per week. The unit cost is $20 each and the carrying cost is 15%. What is the savings in the transportation inventory cost if management decides to change the mode of transportation to decrease time to one week?

The key factors in modal determination when comparing the trade-off between cost and service include:

Consignment inventory requires that manufacturers:

A company has prioritized A, B, and C, filling orders in that sequence. What are the impact to customer service levels for customers B and C?

A manager would like to insure marine cargo for a 12-month period. Which of the following policies would be best to provide coverage for all of the shipment during this period?

When determining the optimal logistics terminal location, one of the primary goals is to minimize:

A logistics manager is asked to perform a total cost analysis for the organization. Which of the following trade-offs is critical to consider?

A company that ships self-propelled cargo and prefers not to utilize specialized lifting equipment should consider which of the following types of shipping vessels?

A company would like to eliminate unnecessary returns and/or minimize handling. It designs a process to check and screen merchandise at the entry point into the organization. This is an example of: