Logistic Management - Introduction And Traditional Warehouses

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Quizzes Created: 3 | Total Attempts: 846

Questions: 11 | Attempts: 170 | Updated: Mar 22, 2023

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Based on Prof. Perego course.
If you like forklifts, this is the place for you.

Questions and Answers

1.

Which of these is NOT one of the possible effect on the revenues of a new logistic strategy implemented by a company?
- A.
  
  Retain customer base.
- B.
  
  Attracting new customers.
- C.
  
  Obtain a premium price.
- D.
  
  Increase the customer service.
- E.
  
  All of these are possible effects on the revenues of a new logistic strategy.
Correct Answer
E. All of these are possible effects on the revenues of a new logistic strategy.

Explanation
The given correct answer states that all of the options listed (retain customer base, attracting new customers, obtain a premium price, and increase customer service) are possible effects on the revenues of a new logistic strategy. This means that each of these options can potentially contribute to increasing the company's revenues when implementing a new logistic strategy.

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2.

In the Lee's model, an MTO product that has: . High contribution margin . High variety . Short lead-time is characterized by:
- A.
  
  High supply chain uncertainty
- B.
  
  Low supply chain uncertainty
- C.
  
  High demand uncertainty
- D.
  
  Low demand uncertainty
Correct Answer
C. High demand uncertainty

Explanation
Contribution margin, variety, and lead time (for MTO products), characterize the product from the point of view of the Demand. In particular, those values characterize an high uncertainty.

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3.

Which of the Lee's strategy minimze the risk of supply chain interrumptions?
- A.
  
  Risk-Hedging
- B.
  
  Agile
- C.
  
  Responsive
- D.
  
  All of these
- E.
  
  Only A and B
Correct Answer
E. Only A and B

Explanation
The Agile minimize the risk on the demand but also on the supply chain side.

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4.

List the probable ROAs (from the highest to the lowest) in case of demand halving (all the other factors equal).
- A.
  
  Agile > Responsive > Risk Hedging ~ Lean
- B.
  
  Risk Hedging ~ Agile > Responsive > Lean
- C.
  
  Responsive > Agile > Lean > Risk Hedging
- D.
  
  Agile > Lean ~ Responsive ~ Risk Hedging
Correct Answer
C. Responsive > Agile > Lean > Risk Hedging

Explanation
The highest is the Responsive because it is aimed at minimize this type only of risk.
The second is the Agile because the risk of demand halving is minimize but the ROA is higher due to the minimization of the risk in the supply chain side.
The third is the Lean, because the risk is not minimize, but the ROA is higher than the Risk-Hedging because there are not costs for the minimization of the supply chain risks.

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5.

The first decision to be taken in the basic decision process of warehousing (i.e.: to design a layer of warehouses):
- A.
  
  Size
- B.
  
  Location
- C.
  
  Number
- D.
  
  Ownership
- E.
  
  None of these
Correct Answer
D. Ownership

Explanation
Ownership affects all the other possible choices (for the presence of the investments costs, mainly). SLIDE 25 Pack 4.

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6.

With a Block Stacking system, only the LIFO modality can be used.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
With more than one lane per pallet, or 2 aisle (retrieving and storage), is possible not to used the LIFO.

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7.

The saturation of the SC, computed as (max no of PL stored)/SC does NOT depend on the type of warehouse.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
It depends on the SC, and on the number of PL stored when the index is calculated: basically every value is possible in every moment, not depending on the type of warehouse (for example, the Selectivity depends on the type of warehouse, because in a block staking will be very often

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8.

Which of these couples of parameters tend to be inversely proportional?
- A.
  
  TC and SC
- B.
  
  AUR and SC
- C.
  
  AUR and Selectivity
- D.
  
  SC and Selectivity
Correct Answer
C. AUR and Selectivity

Explanation
Increasing the average selectivity likely will be translated in less PL per meter.
Also SC and Selectivity can be considered inversely proportional, but only if the area remains equal, on the contrary increase it will increase the SC leaving the AUR constant.

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9.

Implementing a dedicated storage in a warehouse will probably decrease:
- A.
  
  The Storage Capacity required.
- B.
  
  The Throughput Capacity of the single operator.
- C.
  
  The AUR.
- D.
  
  The number of Trucks needed
- E.
  
  Not enough data to answer.
Correct Answer
D. The number of Trucks needed

Explanation
Dedicated (and classed-based) storage reduce the average time for the single (and the double) cycle, that is, decreases the TC required by the system (or increases the TC of a single truck, from another point of view), decreasing the number of trucks required.

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10.

The Exalibur Publishing, an AWESOME pc-games publisher (more info: http://www.excalibur-publishing.co.uk/), asked to your consultant company to design the new central warehouse for the storage of the PL of videogames. You are requested to assess the TC capacity planned for the system. To do so, the design team provided you the following data: h UL retrieved UL Stored 0-8 40 60 8-16 180 40 16-24 20 140 The new "picking line" of video-game (an entire game-line about the picking operation!) is estimated to affects the retrieval and storing operation by a +5% in the following years. Assuming: only PL movements in the WH, only single cycles, assess the Throughput Capacity planned.
- A.
  
  5040 UL/h
- B.
  
  600 UL/h
- C.
  
  28.88 UL/h
- D.
  
  300 UL/h
- E.
  
  27.5 UL/h
- F.
  
  231 UL/h
Correct Answer
C. 28.88 UL/h

Explanation
The TC planned is the max of (retrieval + storing), that is, 220 UL/shift --> 27.5 UL/h, considering FF=1.05 --> 28.88 UL/h.

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11.

The Dedicated-based storage tends to decrease the average forklift cycle more than the class-based storage.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
Class-based storage has an higher average forklift cycle because items are stored based on the average AI of the classed, while in the dedicated storage the storing is based on the actually AI of the items.

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Current Version
Mar 22, 2023

Quiz Edited by
ProProfs Editorial Team
May 15, 2011

Quiz Created by
Scannerdarkly

Logistic Management - Introduction And Traditional Warehouses

Which of these is NOT one of the possible effect on the revenues of a new logistic strategy implemented by a company?

In the Lee's model, an MTO product that has: . High contribution margin . High variety . Short lead-time is characterized by:

Which of the Lee's strategy minimze the risk of supply chain interrumptions?

List the probable ROAs (from the highest to the lowest) in case of demand halving (all the other factors equal).

The first decision to be taken in the basic decision process of warehousing (i.e.: to design a layer of warehouses):

With a Block Stacking system, only the LIFO modality can be used.

The saturation of the SC, computed as (max no of PL stored)/SC does NOT depend on the type of warehouse.

Which of these couples of parameters tend to be inversely proportional?

Implementing a dedicated storage in a warehouse will probably decrease:

The Dedicated-based storage tends to decrease the average forklift cycle more than the class-based storage.