Question 1

With FOB pricing,a supplier is the legal owner of a product until the product reaches its destination.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following legislative acts is NOT in support of transportation deregulation?

Accepted Answer

A) Railroad Revitalization and Regulatory Reform Act 
B) Staggers Rail Act 
C) FAA Authorization Act 
D) Reed-Bulwinkle Act 
A) Railroad Revitalization and Regulatory Reform Act 
B) Staggers Rail Act 
C) FAA Authorization Act 
D) Reed-Bulwinkle Act

Question 3

According to the textbook,in the 1950's and 1960's,mass production techniques focused on creating supplier partnerships,improving process design and flexibility,and improving product quality.

Accepted Answer

A) True 
 B)False

Question 4

Transportation management,customer relationship management,distribution network,and service response logistics are all important issues that are most closely related to:

Accepted Answer

A) Purchasing 
B) Manufacturing 
C) Integration 
D) Logistics 
A) Purchasing 
B) Manufacturing 
C) Integration 
D) Logistics

Question 5

International Cosmopolitan is a company that sells an enormous amount of fine jewelry worldwide from its headquarters in Paris,France.Presently 10% of their revenues come from sales in the United States.International Cosmopolitan would like to grow the business by about 200% over the next three years.Presently,a majority of their product is kept in a private warehouse in France.
While the shipments to United States will always be relatively small in size due to the cost and nature of the product,International Cosmopolitan would still like to take advantage of any possible distribution efficiencies by sending their shipments to a distribution center in United States that can then package their small shipments with other jewelry shipments headed towards common retailers and/or wholesalers.In order to do so they'll need to make accommodations for shipment,find retail and wholesale companies willing to distribute their product,find intermediaries to both help export the product out of France and help import the product into the United States.
Based on the above information and your knowledge of international transportation,answer the questions below in the hopes of providing International Cosmopolitan with some preliminary information that will aid them in creating a successful logistical itinerary:
∙ Which modes of transportation should be utilized in getting the product from International Cosmopolitan's warehouse in France to a distribution center in United States? Why?
∙ Which intermediaries should International Cosmopolitan consider in finding customers in United States and exporting the product out of a France? Why?
∙ Which intermediary should International Cosmopolitan consider in helping them import the product into United States? Why?
∙ Briefly discuss their warehousing plan.Does it make sense? Why

Accepted Answer

Which modes of transportation should be

Question 6

Which of the following carriers typically transports goods for the company that owns the carrier,they are not subject to economic regulation,and since the fleets are rather large the cost of transport is very likely less than if the company had hired another company to provide the service?

Accepted Answer

A) Common carrier 
B) Exempt Carrier 
C) Contract Carrier 
D) Private Carrier 
A) Common carrier 
B) Exempt Carrier 
C) Contract Carrier 
D) Private Carrier

Question 7

Today's emphasis on supplier quality has shifted from detecting defects at the time of receipt or use to prevention early in the materials-sourcing process.

Accepted Answer

A) True 
 B)False

Question 8

All of the following are typical processes involved in supply chain management except _____.

Accepted Answer

A) new-product development 
B) customer-order fulfillment 
C) supplier evaluation and selection 
D) demand and supply planning 
E) cash flow management 
A) new-product development 
B) customer-order fulfillment 
C) supplier evaluation and selection 
D) demand and supply planning 
E) cash flow management

Question 9

Global sourcing is a requirement and no longer a luxury for most firms.

Accepted Answer

A) True 
 B)False

Question 10

According to the text,a warehouse location strategy that proposes locating a warehouse closest to the sources of supply is referred to as:

Accepted Answer

A) Market positioned strategy 
B) Supply positioned strategy 
C) Product positioned strategy 
D) Intermediately positioned strategy 
A) Market positioned strategy 
B) Supply positioned strategy 
C) Product positioned strategy 
D) Intermediately positioned strategy

Question 11

Distribution management involves the management of packaging,storing,and handling of materials at receiving docks,warehouses,and retail outlets.

Accepted Answer

A) True 
 B)False

Question 12

One definition of supply chain management is "The planning and management of all activities involved in sourcing and procurement,conversion,and all logistics management activity."

Accepted Answer

A) True 
 B)False

Question 13

The primary difference between FOB origination and FOB destination is that FOB destination requires that the supplier legal own the product until it reaches the destination; in FOB origination the buyer takes ownership immediately and is thus responsible for arranging delivery.

Accepted Answer

A) True 
 B)False

Question 14

Lean production is typically associated with which of the following company's production systems?

Accepted Answer

A) Proctor and Gamble 
B) Toyota 
C) Boeing 
D) Intel 
A) Proctor and Gamble 
B) Toyota 
C) Boeing 
D) Intel

Question 15

What is the abbreviation for a truck trailer which is placed on a flat railcar that would then be pulled by a train engine?

Accepted Answer

A) TOFC 
B) COFC 
C) NVOCC 
D) TTFC 
A) TOFC 
B) COFC 
C) NVOCC 
D) TTFC

Question 16

Instead of adversarial relationships which characterize _____,_____ features a long-term,win-win relationship between a buying company and specially selected suppliers.

Accepted Answer

A) traditional purchasing….supply management 
B) traditional purchasing….logistics management 
C) supply management….traditional purchasing 
D) strategic sourcing….supply management 
E) supply chain management….strategic sourcing 
A) traditional purchasing….supply management 
B) traditional purchasing….logistics management 
C) supply management….traditional purchasing 
D) strategic sourcing….supply management 
E) supply chain management….strategic sourcing

Question 17

One operational method for managing inventory is the implementation of a software system which can be referred to as:​

Accepted Answer

A) Material requirements planning (MRP) 
B) Demand capacity tracking (DCT) 
C) Inventory sourcing (IS) 
D) Demand process reengineering (DPR) 
A) Material requirements planning (MRP) 
B) Demand capacity tracking (DCT) 
C) Inventory sourcing (IS) 
D) Demand process reengineering (DPR)

Question 18

All of the following are roadblocks between measurement and improved performance except _____.​

Accepted Answer

A) up-to-date information technology 
B) too many metrics 
C) debate over the correct metrics 
D) constantly changing metrics 
E) old data 
A) up-to-date information technology 
B) too many metrics 
C) debate over the correct metrics 
D) constantly changing metrics 
E) old data

Question 19

Real time location systems (RTLS)are used for the following type of transportation:

Accepted Answer

A) Motor carriers 
B) Rail Carriers 
C) Air carriers 
D) Water carriers 
A) Motor carriers 
B) Rail Carriers 
C) Air carriers 
D) Water carriers

Question 20

According to the textbook,conditions which must be present for successful supply chain management include:

Accepted Answer

A) Cooperation among firms 
B) Corporate contracts regarding performance expectations 
C) Short-term company focused performance 
D) Vertical Integration 
A) Cooperation among firms 
B) Corporate contracts regarding performance expectations 
C) Short-term company focused performance 
D) Vertical Integration

With FOB pricing,a supplier is the legal owner of a product until the product reaches its destination.

Which of the following legislative acts is NOT in support of transportation deregulation?

According to the textbook,in the 1950's and 1960's,mass production techniques focused on creating supplier partnerships,improving process design and flexibility,and improving product quality.

Transportation management,customer relationship management,distribution network,and service response logistics are all important issues that are most closely related to:

Which of the following carriers typically transports goods for the company that owns the carrier,they are not subject to economic regulation,and since the fleets are rather large the cost of transport is very likely less than if the company had hired another company to provide the service?

Today's emphasis on supplier quality has shifted from detecting defects at the time of receipt or use to prevention early in the materials-sourcing process.

All of the following are typical processes involved in supply chain management except _____.

Global sourcing is a requirement and no longer a luxury for most firms.

According to the text,a warehouse location strategy that proposes locating a warehouse closest to the sources of supply is referred to as:

Distribution management involves the management of packaging,storing,and handling of materials at receiving docks,warehouses,and retail outlets.

One definition of supply chain management is "The planning and management of all activities involved in sourcing and procurement,conversion,and all logistics management activity."

The primary difference between FOB origination and FOB destination is that FOB destination requires that the supplier legal own the product until it reaches the destination; in FOB origination the buyer takes ownership immediately and is thus responsible for arranging delivery.

Lean production is typically associated with which of the following company's production systems?

What is the abbreviation for a truck trailer which is placed on a flat railcar that would then be pulled by a train engine?

Instead of adversarial relationships which characterize _,_ features a long-term,win-win relationship between a buying company and specially selected suppliers.

One operational method for managing inventory is the implementation of a software system which can be referred to as:

All of the following are roadblocks between measurement and improved performance except _____.

Real time location systems (RTLS)are used for the following type of transportation:

According to the textbook,conditions which must be present for successful supply chain management include:

Purchasing Management

Creating and Managing Supplier Relationship

Ethical and Sustainable Sourcing

Demand Forecasting

Resource Planning Systems

Inventory Management

Process Management - Lean and Six Sigma in the Supply Chain

Domestic Usand Global Logistics

Customer Relationship Management

Global Location Decisions

Service Response Logistics

Supply Chain Process Integration

Performance Measurement Along the Supply Chain

Filters

Exam 1: Introduction to Supply Chain Management

With FOB pricing,a supplier is the legal owner of a product until the product reaches its destination.

Which of the following legislative acts is NOT in support of transportation deregulation?

According to the textbook,in the 1950's and 1960's,mass production techniques focused on creating supplier partnerships,improving process design and flexibility,and improving product quality.

Transportation management,customer relationship management,distribution network,and service response logistics are all important issues that are most closely related to:

Which of the following carriers typically transports goods for the company that owns the carrier,they are not subject to economic regulation,and since the fleets are rather large the cost of transport is very likely less than if the company had hired another company to provide the service?

Today's emphasis on supplier quality has shifted from detecting defects at the time of receipt or use to prevention early in the materials-sourcing process.

All of the following are typical processes involved in supply chain management except _____.

Global sourcing is a requirement and no longer a luxury for most firms.

According to the text,a warehouse location strategy that proposes locating a warehouse closest to the sources of supply is referred to as:

Distribution management involves the management of packaging,storing,and handling of materials at receiving docks,warehouses,and retail outlets.

One definition of supply chain management is "The planning and management of all activities involved in sourcing and procurement,conversion,and all logistics management activity."

The primary difference between FOB origination and FOB destination is that FOB destination requires that the supplier legal own the product until it reaches the destination; in FOB origination the buyer takes ownership immediately and is thus responsible for arranging delivery.

Lean production is typically associated with which of the following company's production systems?

What is the abbreviation for a truck trailer which is placed on a flat railcar that would then be pulled by a train engine?

Instead of adversarial relationships which characterize _____,_____ features a long-term,win-win relationship between a buying company and specially selected suppliers.

One operational method for managing inventory is the implementation of a software system which can be referred to as:​

All of the following are roadblocks between measurement and improved performance except _____.​

Real time location systems (RTLS)are used for the following type of transportation:

According to the textbook,conditions which must be present for successful supply chain management include:

Purchasing Management

Creating and Managing Supplier Relationship

Ethical and Sustainable Sourcing

Demand Forecasting

Resource Planning Systems

Inventory Management

Process Management - Lean and Six Sigma in the Supply Chain

Domestic Usand Global Logistics

Customer Relationship Management

Global Location Decisions

Service Response Logistics

Supply Chain Process Integration

Performance Measurement Along the Supply Chain

Filters

Instead of adversarial relationships which characterize _,_ features a long-term,win-win relationship between a buying company and specially selected suppliers.

One operational method for managing inventory is the implementation of a software system which can be referred to as:

All of the following are roadblocks between measurement and improved performance except _____.