Exam 8: Logistics

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.

The mode of transportation that is highly cost effective for bulky items but has relatively poor delivery speed is:

The transportation mode other than highway with the highest annual tonnage in the United States is:

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

Seasonal goods such as holiday decorations and recreational equipment may be placed in a(n)________ close to the marketplace.

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

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

The most detailed level of a logistics information system is the execution system.

Which of these is NOT a logistics activity?

Plants in Vienna, Lucerne, Bruhl, and Salzburg produce the same item that is demanded by customers in London, Paris, Milan, and Athens. 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. Use the table below to answer the following questions. -Refer to the scenario above.What of these equations would be part of the appropriate objective function?

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?

Between any two locations,a less-than-truckload shipment probably experiences fewer stops and handling than a direct truck shipment.

The most detailed level of logistics information systems is the:

The landlord's favorite place to buy shrimp in New Orleans was the Cajun Seafood market on Claiborne and he did not hesitate to stock up on shrimp when he dropped by the shotgun double house he bought as an investment a few years ago.Sadly,it was 685 miles one way to visit the property and even though gas was available at $1.88 per gallon and the car achieved 25 miles per gallon,it was an expensive trip.He packed a cooler with $12 worth of ice regardless of the quantity of shrimp he bought to bring home.The shrimp were a bargain at $7.99 per pound for jumbos and he always tried to fit 35 pounds of the crustaceans in the cooler.What is the landed cost of a pound of shrimp?

A reverse logistics system handles repairs,recycling,returns and remanufacturing.

The fireworks that were produced year-round in South Africa were sent to warehouses around the United States during the months of May and June in anticipation of large demand for the July 4th holiday.The warehousing system that is BEST suited to handle this situation is the:

Last year the Monroe Logistics Company reported 4,000 damaged deliveries,1,000 deliveries to the wrong address,500 late deliveries,and 200 deliveries billed incorrectly.Assuming no delivery had more than one error,how many deliveries were properly handled if their percent perfect order is 87%?

Hub and spoke systems are characterized by:

Plants in Vienna, Lucerne, Bruhl, and Salzburg produce the same item that is demanded by customers in London, Paris, Milan, and Athens. 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. Use this tidy table to answer the following questions. -Refer to the scenario above.What is the objective function?