Question 1

Physical distribution is synonymous with materials management.

Accepted Answer

A) True 
 B)False

Question 2

___________ utility refers to having products available where they are needed by customers.

Accepted Answer

A) Possession 
B) Time 
C) Place 
D) Form 
A) Possession 
B) Time 
C) Place 
D) Form

Question 3

The ___________ approach indicates that a company's objectives can be realized by recognizing the mutual interdependence of major functional areas.

Accepted Answer

A) supply chain 
B) systems 
C) interfunctionality 
D) total cost 
A) supply chain 
B) systems 
C) interfunctionality 
D) total cost

Question 4

In the first meeting Toth asked about SUVs but there was no further mention of them.How would you follow up on his query?

Accepted Answer

Anyone in the group could answer that sp

Question 5

What concept refers to the storage of finished product and movement to the customer?

Accepted Answer

A) Inbound logistics 
B) Supply chain management 
C) Physical distribution 
D) Materials management 
A) Inbound logistics 
B) Supply chain management 
C) Physical distribution 
D) Materials management

Question 6

Logistics clearly contributes to ___________ and ___________ utility.

Accepted Answer

A) time; place 
B) form; time 
C) place; form 
D) possession; time 
E) none of the above 
A) time; place 
B) form; time 
C) place; form 
D) possession; time 
E) none of the above

Question 7

There are relatively few opportunities for employment in the logistics sector.

Accepted Answer

A) True 
 B)False

Question 8

Branding alliances allow customers to purchase products from two or more name-brand retailers at one store location.Which of the following statements about branding alliances is false?

Accepted Answer

A) They offer potential customers convenience by satisfying multiple needs at one place 
B) They boost brand awareness 
C) They don't create any logistical challenges 
D) They increase customer spending per transaction 
E) All of the above are true 
A) They offer potential customers convenience by satisfying multiple needs at one place 
B) They boost brand awareness 
C) They don't create any logistical challenges 
D) They increase customer spending per transaction 
E) All of the above are true

Question 9

"How well a company does what it says it's going to do" represents ___________.

Accepted Answer

A) efficiency 
B) productivity 
C) leading edge logistics 
D) effectiveness 
A) efficiency 
B) productivity 
C) leading edge logistics 
D) effectiveness

Question 10

All of the following terms have been used to refer to business logistics except:

Accepted Answer

A) business logistics 
B) industrial distribution 
C) logistics management 
D) physical distribution 
E) all of the above are correct 
A) business logistics 
B) industrial distribution 
C) logistics management 
D) physical distribution 
E) all of the above are correct

Question 11

What two logistics activities make the heaviest use of the Internet?

Accepted Answer

A) Warehousing and inventory management 
B) Purchasing and transportation 
C) Inventory management and purchasing 
D) Transportation and warehousing 
A) Warehousing and inventory management 
B) Purchasing and transportation 
C) Inventory management and purchasing 
D) Transportation and warehousing

Question 12

A common interface between production and logistics involves:

Accepted Answer

A) the use of plastic versus wood pallets 
B) the mode of transportation 
C) shipment pricing 
D) the length of production runs 
A) the use of plastic versus wood pallets 
B) the mode of transportation 
C) shipment pricing 
D) the length of production runs

Question 13

Long production runs sometimes result in excessive inventory of products with limited demand for them.

Accepted Answer

A) True 
 B)False

Question 14

The movement and storage of materials into a firm refers to:

Accepted Answer

A) physical distribution 
B) materials management 
C) materials handling 
D) supply chain management 
A) physical distribution 
B) materials management 
C) materials handling 
D) supply chain management

Question 15

The sorting function has four steps.

Accepted Answer

A) True 
 B)False

Question 16

Which alternative would you prefer? Why?

Accepted Answer

The student can choose any alt

Question 17

Logistics offers many companies an important route for creating marketing superiority.

Accepted Answer

A) True 
 B)False

Question 18

The negotiations channel is the one where buy and sell agreements are reached.

Accepted Answer

A) True 
 B)False

Question 19

Demand forecasting is not considered to be a logistics-related activity.

Accepted Answer

A) True 
 B)False

Question 20

A broker is a type of intermediary often associated with the negotiations channel.

Accepted Answer

A) True 
 B)False

Physical distribution is synonymous with materials management.

___________ utility refers to having products available where they are needed by customers.

The ___________ approach indicates that a company's objectives can be realized by recognizing the mutual interdependence of major functional areas.

In the first meeting Toth asked about SUVs but there was no further mention of them.How would you follow up on his query?

What concept refers to the storage of finished product and movement to the customer?

Logistics clearly contributes to _ and _ utility.

There are relatively few opportunities for employment in the logistics sector.

Branding alliances allow customers to purchase products from two or more name-brand retailers at one store location.Which of the following statements about branding alliances is false?

"How well a company does what it says it's going to do" represents ___________.

All of the following terms have been used to refer to business logistics except:

What two logistics activities make the heaviest use of the Internet?

A common interface between production and logistics involves:

Long production runs sometimes result in excessive inventory of products with limited demand for them.

The movement and storage of materials into a firm refers to:

The sorting function has four steps.

Which alternative would you prefer? Why?

Logistics offers many companies an important route for creating marketing superiority.

The negotiations channel is the one where buy and sell agreements are reached.

Demand forecasting is not considered to be a logistics-related activity.

A broker is a type of intermediary often associated with the negotiations channel.

Logistics and Information Technology

Strategic and Financial Logistics

Organizational and Mangerial Issues in Logistics

The Supply Chain Management Concept

Procurement

Demand Management,order Management

Inventory Management

Distribution Center,warehouse,and Plant Location

Warehousing Management

Protective Packaging and Materials Handling

Transportation

Transportation Management

International Logistics

Filters

Exam 1: An Overview of Logistics

Physical distribution is synonymous with materials management.

___________ utility refers to having products available where they are needed by customers.

The ___________ approach indicates that a company's objectives can be realized by recognizing the mutual interdependence of major functional areas.

In the first meeting Toth asked about SUVs but there was no further mention of them.How would you follow up on his query?

What concept refers to the storage of finished product and movement to the customer?

Logistics clearly contributes to ___________ and ___________ utility.

There are relatively few opportunities for employment in the logistics sector.

Branding alliances allow customers to purchase products from two or more name-brand retailers at one store location.Which of the following statements about branding alliances is false?

"How well a company does what it says it's going to do" represents ___________.

All of the following terms have been used to refer to business logistics except:

What two logistics activities make the heaviest use of the Internet?

A common interface between production and logistics involves:

Long production runs sometimes result in excessive inventory of products with limited demand for them.

The movement and storage of materials into a firm refers to:

The sorting function has four steps.

Which alternative would you prefer? Why?

Logistics offers many companies an important route for creating marketing superiority.

The negotiations channel is the one where buy and sell agreements are reached.

Demand forecasting is not considered to be a logistics-related activity.

A broker is a type of intermediary often associated with the negotiations channel.

Logistics and Information Technology

Strategic and Financial Logistics

Organizational and Mangerial Issues in Logistics

The Supply Chain Management Concept

Procurement

Demand Management,order Management

Inventory Management

Distribution Center,warehouse,and Plant Location

Warehousing Management

Protective Packaging and Materials Handling

Transportation

Transportation Management

International Logistics

Filters

Logistics clearly contributes to _ and _ utility.