9
.
- 1.The rule to estimate the effect of risk pooling is referred to as the __________.
- A.
Exponential Rule
- B.
Linear Rule
- C.
FOIL Rule
- D.
Square Root Rule
- 2.Logistics affects the supply chain function by:
- A.
Creating the flow of goods between supply chain partners
- B.
Determining how deliveries can be made in a timely manner
- C.
Providing time and place utility
- D.
All of these choices are correct
- 3.Which of the following are secure sites within the U.S. where goods and materials can be assembled and exported without being levied domestic duties or excise taxes?
- A.
Global warehouses
- B.
Foreign-trade zones
- C.
Private warehouses
- D.
Public zones
- 4._______________ can have a positive impact on the environment through recycling, reusing materials and products, or refurbishing used products and reducing the environmental impact of certain modes of transportation used for returns.
- A.
Private Carriers
- B.
Reverse Logistics
- C.
Piggyback Services
- D.
Risk Pooling
- 5.Small firms with no internal logistics expertise and large firms with many sizeable and varied logistics needs can benefit greatly by using:
- A.
TOFC Service
- B.
3PL Service
- C.
TSA Service
- D.
LTL Service
- 6.________________ creates the flow of goods between supply chain partners, such that costs, service requirements, competitive advantage, and profits can be optimized
- A.
Procurement
- B.
Operations
- C.
Transportation Planning
- D.
Logistics
- 7.The for-hire logistics expenditures in the U.S. has more than ___________ in the last thirty-one years?
- A.
Quadrulpled
- B.
Tripled
- C.
Doubled
- D.
None of these choices are correct
- 8.Reverse logistics refers to the movement, storage, and processing of:
- A.
Finished Goods
- B.
Electronic Equipments
- C.
Returned Goods
- D.
Manufacturing Supplies
- 9.Which of the following was the first major transportation regulation in the U.S.?
- A.
Interstate Initiation Act
- B.
Motor Carrier Act
- C.
Interstate Commerce Act
- D.
Granger Laws
- 10.Which of the following modes of transportation should be used to haul large quantities of natural gas and oil from desolate areas to existing processing facilities hundreds of miles away?
- A.
Motor Carriers
- B.
Rail Carriers
- C.
Water Carriers
- D.
Pipeline Carriers
- 11.In the U.S., which of the five basic modes of transportation is responsible for the largest volume (in tonnage) of domestic freight hauled?
- A.
Rail Carriers
- B.
Pipeline Carriers
- C.
Air Carriers
- D.
Motor Carriers
- 12.Lean warehousing may involve all of the following capabilities EXCEPT:
- A.
A tendency to be green
- B.
Greater emphasis on crossdocking
- C.
Reduced lot sizes and shipping quantities
- D.
Decreased Automation
- 13.Which of the following does not play a significant role in the logistics function?
- A.
Warehousing
- B.
Manufacturing Cells
- C.
Customer Service
- D.
Transportation
- 14.Which of the following is NOT a direct benefit from the adoption of NAFTA?
- A.
Foreign direct investment in Mexico are increasing
- B.
Reduction in illegal immigrants crossing the border from Mexico since NAFTA began
- C.
Regional trade has increased sharply over NAFTA's first two decades
- D.
Trade between U.S., Canada, and Mexico has increased
- 15.Which of the following international intermediaries move global shipments through customs for companies and handle the documentation required to accompany the shipments?
- A.
Foreign Freight Forwarder
- B.
Customs Broker
- C.
NVOCC
- D.
Customs Trade Partnership
- 16.When warehouses receive, break down, and repackage shipments, and then distribute components to a manufacturing location or finished products to customers by a distribution center this activity is referred to as:
- A.
Crossdocking
- B.
Transshipping
- C.
Piggy Backing
- D.
Customs Brokering
- 17.It is argued that transportation deregulation is good because:
- A.
Both "It ensures adequate transportation service throughout the country" and "It allows prices to adjust as supply, demand, and negotiations dictate"
- B.
It allows prices to adjust as supply, demand, and negotiations dictat
- C.
It ensures adequate transportation service throughout the country
- D.
None of these choices are correct
- 18.Which of the following carriers is most favorable, but inflexible, when shipments are heavy and the distance for delivery is long?
- A.
Motor Carriers
- B.
Pipeline Carriers
- C.
Air Carriers
- D.
Rail Carriers
- 19.Which of the following was enacted to reduce and eliminate transportation regulations?
- A.
Granger Law
- B.
Trucking Industry Regulatory Reform Act
- C.
Reed Bullwinkle Act
- D.
Freight Forwarders Act
- 20.______________ creates the efficient flow of goods between supply chain partners, allowing profits and competitive advantage to be maximized
- A.
Operations
- B.
Transportation planning
- C.
Logistics
- D.
Procurement
- 21.In the text, Table 9.1 shows that for-hire logistics expenditures in the U.S., have _____________ in the past thirty-one years
- A.
Remained the same
- B.
Slowly declined
- C.
More than quadrulpled
- D.
Decreased for the first 10 years, then increased
- 22._______________ carry the majority of the world’s water-transported manufactured goods.
- A.
Supertankers
- B.
Containerships
- C.
Barges
- D.
None of the above
- 23.________________ are the most flexible mode of transportation and account for 70 percent of all the freight tonnage moved in the U.S.
- A.
Water carriers
- B.
Rail carriers
- C.
Air carriers
- D.
Motor carriers
- 24.Which of the following modes of cargo transport can be characterized as being the most inexpensive and very slow, yet good for transporting very heavy goods a long-distance?
- A.
Air Carriers
- B.
Rail Carriers
- C.
Water Carriers
- D.
Motor Carriers
- 25.Which of the following are intermodal transportation alternatives?
- A.
Truck trailer-on-flatcar
- B.
Roll-on-roll-off
- C.
Piggyback service
- D.
All of the above
Questions: 19 | Attempts: 565 | Last updated: Mar 20, 2022
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