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_____ ______ utilizes increased levels of inventory held centrally in a warehouse and less inventory at retailers to reduce the total amount of inventory in the system.

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Air transport is particularly attractive for products with short shelf life or short life cycle.

A) True
B) False

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Incoterms refers to


A) International Container Terminals
B) Definitions that define who pays for the various parts of a product's transportation
C) Intercontinental Cooperation Terms
D) Interstate Commerce Terminal policies

E) A) and B)
F) A) and C)

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Match these items. -Intermodal transport


A) At least two different transportation modes are used in moving the goods from origin to destination
B) A cooperative program between businesses and the U.S. government to improve supply chain security
C) The flow and storage of goods, services, and related information from production to consumption
D) A ship designed to carry cargo that is packed in standard size metal containers
E) A product's cost including all of the per product costs of logistics activities
F) Transporting goods in a truck that is full
G) Continuous shipment from suppliers to warehouses, where goods are redirected and delivered to retailers in continuous shipments
H) Stacking containers two high on railcars
I) Shipping directly from manufacturer suppliers to retailers
J) Utilizes a combination of at least two modes to move goods from origin to destination

K) D) and H)
L) G) and H)

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Match these items. -Full truckload (FTL)


A) At least two different transportation modes are used in moving the goods from origin to destination
B) A cooperative program between businesses and the U.S. government to improve supply chain security
C) The flow and storage of goods, services, and related information from production to consumption
D) A ship designed to carry cargo that is packed in standard size metal containers
E) A product's cost including all of the per product costs of logistics activities
F) Transporting goods in a truck that is full
G) Continuous shipment from suppliers to warehouses, where goods are redirected and delivered to retailers in continuous shipments
H) Stacking containers two high on railcars
I) Shipping directly from manufacturer suppliers to retailers
J) Utilizes a combination of at least two modes to move goods from origin to destination

K) A) and G)
L) D) and G)

Correct Answer

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In a center-of-gravity calculation, the location of a distribution center


A) Is determined using decision-tree analysis
B) Is a function of the number of shipments and the location of the retailers
C) Is not affected by the location of the individual retailers
D) Is intended to minimize shipment time

E) A) and C)
F) A) and B)

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The disposition of a product returned through the reverse logistics network when sold again is known as _____ _____

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The use of an air carrier to transport goods has the advantage of _______.

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RFID refers to


A) Combining GPS and ERP systems
B) The use of a tag which can be "read" by a reader
C) Policies that define who pays for various parts of shipping goods
D) Wal-Mart's approach to distribution networking

E) C) and D)
F) A) and C)

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Cost should be the most important consideration when selecting a 3PL provider.

A) True
B) False

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Why are the Incoterms an important part of logistics?

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The response should address the need to ...

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Intermodal transport refers to


A) Transport that crosses state lines
B) Transport that crosses international borders
C) Transport that uses at least two different modes
D) Transport by containership

E) B) and C)
F) A) and D)

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Supply chain applications of RFID technology are expected to include _____, _____, _____, and _____

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manufacturing, wareh...

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The cheapest way to move freight via truck is by maximizing LTL shipments

A) True
B) False

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Match these items. -C-TPAT


A) At least two different transportation modes are used in moving the goods from origin to destination
B) A cooperative program between businesses and the U.S. government to improve supply chain security
C) The flow and storage of goods, services, and related information from production to consumption
D) A ship designed to carry cargo that is packed in standard size metal containers
E) A product's cost including all of the per product costs of logistics activities
F) Transporting goods in a truck that is full
G) Continuous shipment from suppliers to warehouses, where goods are redirected and delivered to retailers in continuous shipments
H) Stacking containers two high on railcars
I) Shipping directly from manufacturer suppliers to retailers
J) Utilizes a combination of at least two modes to move goods from origin to destination

K) C) and E)
L) A) and B)

Correct Answer

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