The utility that is created by moving goods from surplus points to points where demand exists is
referred to as:
(a). Form,
(b). Place,
(c). Time,
(d). Possession.
What activity involves the movement of goods into a warehouse, the placement of goods in a warehouse, and the movement of goods from storage to order picking areas and eventually to dock
areas for transportation out of the warehouse?
(a). Materials handling,
(b). Physical distribution,
(c). Business logistics,
(d). Order fulfillment.
Logistics decisions about inventory, transportation, and warehouse should relate to which of the following?
(a). Globalization of business,
(b). Changing of government infrastructure,
(c). Structural changes in business,
(d). Customer service requirements
The network intermediaries engaged in transfer, storage, handling, and communication is a
(a). Link,
(b). Logistics channel,
(c). Node,
(d). Logistics provider.
Which of the follow is not an example of customer service?
(a). Guaranteeing delivery within specified time periods,
(b). Installing the product,
(c). Extending the option to sell on consignment,
(d). Outsourcing financial and credit terms.
Which are the major modes of international transportation?
(a). Water and air,
(b). Water and rail,
(c). Rail and motor,
(d). Rail and air.
Which condition must be present before motor carriers and rail carriers can be used for international shipments?
(a). Shipments must be in volume and in bulk,
(b). Shipment must be between adjacent countries,
(c). No custom barriers can be imposed,
(d). Shipment cannot pass through adjacent countries.
Any government unit or authority at any level that owns, operates, or otherwise provides wharf, dock, and other terminal facilities at port locations refers to:
(a). Country government,
(b). Maritime unit.
(c). Free Trade Zone,
(d). Port Authority.
What are the two (2) basic warehouse operations?
(a). Movement and order processing,
(b). Movement and storage,
(c). Storage and inventory control,
(d). Purchasing and storage.
How does containerization change the materials handling function?
(a). From capital intensive to labor intensive,
(b). From labor intensive to capital intensive,
(c). From an ancillary to a primary function,
(d). To a market intensive activity.
Under the term of sale “F.O.B. Delivered”, who has the responsibility of filing a claim for damage arising from the shipment?
(a). Buyer,
(b). Supplier,
(c). Carrier,
(d). Demurrage agent.
What type of change may suggest a need to reevaluate and/or redesign a firm’s logistics network?
(a). Change in customer service requirements,
(b). Change in corporate ownership,
(c). Cost pressures and competitive capabilities,
(d). Shifting locations of customer and/or supply markets.
Which of the following is not a supply chain decision area regarding ROA improvement?
(a). Channel structure management,
(b). Inventory management,
(c). Order management,
(d). Information management.
