9

49 Questions | Total Attempts: 264

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9 - Quiz

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Questions and Answers
  • 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

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