Moving some final manufacturing steps into a warehouse or distribution center is referred to as
| logistical transfer | |
| outsourcing |
| continuous replenishment | |
| postponement |
Question 21 pts
The key component in intermodal transportation is
| trucking | |
| railroads |
| containers | |
| ships |
Question 31 pts
The total cost of producing, storing and transporting a product to the site of consumption (or another port) is the
| landed cost | |
| tariff |
| duty | |
| value added tax |
Question 41 pts
Companies may outsource for any of the following reasons EXCEPT
| focus on core competencies | |
| increase vertical integration |
| increase flexibility | |
| reduce costs |
Question 51 pts
Rival companies pooling their allocation resources to cut cost are engaging in
| collaborative logistics | |
| distribution outsourcing |
| cross docking | |
| vendor managed inventories |
Question 61 pts
The most common mode of transporting products in the US is
| rail | |
| air |
| trucking | |
| water |
Question 71 pts
Which of the following choices is not true about vendor-managed inventory?
| It allows rival companies to collaborate in distribution. | |
| It is a form of role reversal, in which the responsibility for planning shifts to the manufacturer. |
| It is usually an integral part of supply chain collaboration. | |
| It makes forecasting by manufacturers easier. |
Question 81 pts
Factors motivating globalization of the supply chain consist of the following apart from
| international trade agreements | |
| government intervention |
| advances in information technology | |
| lower-cost transportation |
Question 91 pts
The most common intermodal combination globally is
| truck-water-rail-truck | |
| truck-rail-truck-water |
| air-water-rail-truck | |
| water-truck-rail-truck |
Question 101 pts
Most favored-nation (MFN) status is an agreement where members of the World Trade Organization (WTO) extend to other members the most favorable treatment given to any trade partner.
| True | |
| False |