Which of the following parties play an integral role during the transportation process''
A company that utilizes barges as a major mode of transportation would typically navigate in:
When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?
A supply chain manager is revising their organization's supply chain strategy with a greater emphasis on collaborative supply chain relationships. Which of the following barriers poses the greatest impediment to implementing their new strategy?
An oil and gas company needs to ship petrol 1.000 miles from the port of entry to an inland refinery. Which of the following modes of transportation provides the best long-term, cost-efficient solution?
A corporation is redesigning its warehouse and has decided to use a rack system that allows each level to be accessed individually by placing pallets on wheeled frames. The rack system that best meets this criteria is:
A motor carrier is in a dispute with a customer over who is responsible for unloading goods at the customer's location. Which of the following documents would be used to resolve the dispute?
The primary factor that reduces the need for companies to improve transportation sustainability
Which of the following components represents the best opportunity to improve the effectiveness and efficiency of an order cycle?
The surcharge applied by shipping lines to sea freight to offset adverse variation in fuel cost is called:
Which of the following costs represents an example of a fixed cost in the motor carrier industry?
A company's distribution center receives material from a number of sources and combines them into exact quantities for a specific destination. Which of the following functions is the distribution center providing?
Which of the following terms refer to the contract leasing of an airplane where only the equipment, maintenance, and insurance are included?
Which of the following terms of payment should an international purchasing manager use to guarantee that the shipment is made and the shipper gets paid for their product?
A vessel operating under the threat of piracy or hostile military action is protected by the
Which of the following types of benchmarking would a company utilize in order to determine why a significant gap exists in its order fill rates?
In addition to order placement and order processing, which of the following steps are part of the order management process?
When determining the optimal logistics terminal location, one of the primary goals is to minimize:
An organization encourages proactive internal design efforts and collaboration with supply chain partners in order to consume less raw materials. This business practice reflects which of the following dimensions of sustainability?
A firm offers their customers shorter order cycle times and increased product variety. Generally, this action would have which of the following impacts on total logistics costs?
Which of the following terms refers to an integrated approach of simultaneously selling to consumers through multiple distribution channels?
Given the data below, calculate the reorder point (ROP)
Average daily demand = 30 units/day
Lead time = 4 days Safety stock = 20
Which of the following situations best describes when duty drawbacks can be granted?
A company that distributes spare parts for the automobile industry must consider duty rates when deciding where to sell its products Duty rates are heavily influenced by:
Which of the following measures would a company use in attempting to improve its customer service dimension of dependability'?
A company desires to improve its cash flow situation by postponing its customs duties payment until the last possible point in the supply chain. The company should consider using which type of warehouse?
In a retail firm's implementation of vendor-managed inventory (VMI), what trading partners are responsible for setting target inventory levels and making restocking decisions?
Which of the following factors would be considered of strategic importance to a firm's logistics function?
The practice of carriers charging all of their customers more during the peak harvest season is a type of pricing known as:
Which of the following outcomes is a potential advantage of operating an efficient reverse logistics process?
From a health and safety perspective, which of the following sets of parameters must be taken into account when considering manual material handling?
In addition to declaring the origin of goods, a certificate of origin is used to determine the:
A company wants to minimize tariff costs while avoiding the need to file for duty drawback. Which of the following practices would best achieve this objective?
Which of the following prerequisites is essential in order to establish an effective order management system?
A logistics manager has received a lot of customer complaints concerning damaged products. This represents which of the following customer service dimensions?
An organization concentrating its efforts on meeting the internal performance standards related to availability, operational performance, and reliability has focused on which of the following aspects of the customer relationship?
A developing country would like to improve its trade relations with Europe by updating its port infrastructure. Which international organization would help fund the project?
According to the Theory of Comparative Advantage, which of the following reasons justifies a country to export a product?
Net advantages gained by the sharing of common locations by similar enterprises is based on which of the following terms?
A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR). Which of the following statements best reflects one of the objectives of CPFR?