Exam 2: Logistics and Information Technology

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Approximately ___________ percent of the world's population currently uses the Internet.

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Walmart and its vendors make extensive use of data mining to improve supply chain efficiency and effectiveness.

(True/False)
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How do data and information differ?

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What has emerged as the measuring stock for logistics information technology in the twenty-first century?

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___________ refers to the collection of large amounts of near-real-time data collected through a variety of sources such as sensors and smart phones.

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Which of the following is not a type of benefits that comes from electronic procurement?

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Activities that can be controlled by a warehouse management system (WMS)include inventory management,determination of storage locations,and order shipping.

(True/False)
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The return rates associated with online retailing are quite similar to those associated with other kinds of retailing.

(True/False)
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___________ create and maintain consistent data processing methods and an integrated database across multiple business functions.

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In a reverse auction,___________.

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Which of the following is not a logistics-related decision support system?

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Which of the following is not a benefit to utilizing information in logistics?

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The idea behind point-of-sale systems is to provide data to guide and enhance managerial decision making.

(True/False)
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The most relevant general software package for logisticians is ___________.

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The smaller order quantities occasioned by online retailing tend to favor transport companies with extensive delivery networks and expertise in parcel shipments.

(True/False)
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Which of the following is not a potential benefit of transportation management systems (TMS)?

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There are few logistical similarities between online and in-store retailing.

(True/False)
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Electronic data interchange (EDI)is no longer an important logistics technology in the twenty-first century.

(True/False)
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Warehouse management systems (WMS)represent an example of what general type of information management system?

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A logistics information system (LIS)begins with a logistics manager requesting information and ends with the manager receiving regular and customized reports.

(True/False)
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