FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 11: Logistics

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 41

Short Answer

Review LaterAdd Note

Review Later

A company which provides all or part of the logistics function for another company is known as ________.

Correct Answer

verified

third-part...

View Answer

Show Answer

Question 42

Multiple Choice

Review LaterAdd Note

Review Later

Demand created as managers conceptualize forecasts and guess at future demand is known as

A) independent demand.
B) derived demand.
C) dependent demand.
D) parent demand.

Correct Answer

verified

Show Answer

Question 43

Multiple Choice

Review LaterAdd Note

The mode of transportation which has the highest carbon footprint as measured by grams per metric ton/km is

Logistics cost as a percentage of GDP for the United States is approximately ________.

Derived demand is actual customer demand that logisticians should consider for fulfillment.

The mode of transportation which has the highest fuel economy as measured by number of ton-miles per gallon of fuel is

The mode of transportation which is the most versatile in terms of shipping products door to door is ________.

The trade bloc consisting of the United States,Mexico and Canada is known as

Trading the cost of improving service with service levels is known as a

Logistics cost as a percentage of GDP is higher for the United States as compared to China.

The mode of transportation within the United States that carries the most weight in terms of tons is ________.

Logistics provides place and form utility.

What is derived demand and what implications does it have for logistics systems?

Trading speed of delivery with saving fuel is known as a

Functions such as purchasing and production that are not traditional logistics functions are known as ________.

A firm provides a directive to all their truck drivers to not exceed a speed of 60 miles per hour (mph) ,even if a higher speed is permitted by law.Although this would probably mean that delivery commitments are missed,it also results in an optimal use of fuel.This is an example of a

Trading speed of delivery with saving fuel is known as a cost-to-service trade-off.

A supply chain's ability to respond to changes in customer needs or requirements is known as ________.

If transportation prices decrease and if inventory costs increase,holding the minimal inventories prescribed by lean manufacturing may become more expensive.

Logistics managers are responsible for overseeing only finished goods inventory.