Exam 9: Logistics

Acme wants to locate a warehouse to serve their major customers that are shown in the table.What is the location that will minimize the transportation costs for their family of products?

Universal Exports has several crates it needs to send from the United Kingdom to North Korea.They have located a firm that specializes in transferring cargo to the actual carrier that will bring the crates into North Korea.This firm could be described as:

Using the map and annual volumes shown next to each location,what is the BEST location for a central warehouse that can be used to service all of the locations?

A firm that is interested in consistent on-time delivery would probably design their transportation and warehousing system to include:

Last year the Perfection Logistics Company delivered 3.1 million packages and damaged 45,000 deliveries,sent 28,000 to the wrong address,and was late 20,000 times.Their percent perfect order is:

One form of warehousing that features light manufacturing and packaging duties and allows firms to put off final assembly or packaging until the last possible moment is:

The ________ mode of transportation is highly cost effective for bulky items but has relatively poor delivery reliability and speed.

Define logistics and explain why it is critical.

The online tracking systems offered by overnight carriers are examples of logistics information systems known as ________.

In the United States,the value of goods transported via highway is greater than the value of goods transported by all other transportation modes.

Plants A,B,C,and D produce the same item that is demanded by customers W,X,Y,and Z.Customer demand and plant capacity are shown in the bottom row and rightmost column in the table.The cost to ship one unit between each combination of plants and customers is also shown in the table.The corporation wishes to minimize the total transportation costs of this assignment problem. -What is a suitable constraint?

It looked like a scene right out of the Transformers series,albeit in a far more functional format.With the push of a button the rail car's wheels folded up into the body of the car and wheels suitable for highway transportation appeared out of nowhere.The whole process took only a minute or so and the ________ was ready to deliver steaming burritos to the growing crowd at the center of town.

A material handling system includes equipment and procedures that are needed to move items within a facility,between a facility and a transportation mode,and between different transportation modes.

A service firm that takes care of all of the logistics requirements for other companies is a:

Compare the advantages and disadvantages of ownership of logistics assets.What factors should be considered when deciding whether to own or outsource the assets needed to execute the logistics function?

Cross-docking is essentially the reverse procedure from consolidation warehousing.

In order for the weighted center of gravity method to yield an optimal solution all of the transportation costs in the area must be identical.

This transportation mode is often the most expensive on a per pound basis.

Which of these is NOT a logistics activity?

What are the three main categories of logistics information systems? What function does each serve?