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Which of the following inventory ordering techniques would a company's corporate warehouse utilize if it is interested in meeting both the quantity and timing requirements of demand from its regional warehouses?

A.

Distribution requirements planning (DRP)

B.

Fixed order quantity/variable cycle

C.

Periodic review

D.

Kanban

What facility location method has the advantage of analyzing both quantitative data and hard-to-evaluate criteria'?

A.

Center-of-gravity

B.

Factor rating

C.

Location and break-even analysis

D.

Least-cost-per-lane

According to the SCOR model, the five major categories of metrics that should be used to measure the performance of Process D1: Deliver Stocked Product include assets, costs, flexibility:

A.

reliability, and responsiveness.

B.

capability, and responsiveness.

C.

reliability, and capability.

D.

reliability, and availability.

Triple bottom line (TBL) refers to balancing the following impacts:

A.

economic, social, and environmental.

B.

environmental, ecological,and ethical.

C.

social environmental,and regulatory.

D.

financial, economic, and social.

The scope of logistics includes transportation.

A.

order processing, inventory carrying costs, and production output.

B.

inventory carrying costs, warehousing, and cost management.

C.

manufacturing, customer accommodation, and purchasing.

D.

inventory carrying costs order processing, and warehousing.

Which of the following costs represents an example of a fixed cost in the motor carrier industry?

A.

Vehicle registration

B.

Fuel

C.

Maintenance

D.

Terminals

When importing goods such as fruit and produce into the United States (U.S.), which government agency is responsible for protecting agriculture from harmful pests and diseases?

A.

Food Safety and Inspection Service (FSIS)

B.

Food and Drug Administration (FDA)

C.

US Customs and Border Protection (CBP)

D.

Farm Service Agency (FSA)

The practice of carriers charging all of their customers more during the peak harvest season is a type of pricing known as:

A.

differential rates.

B.

incremental rates.

C.

distributive rates.

D.

commodity rates.

A transit privilege permits a shipper to:

A.

enter a foreign/free trade zone (FTZ) to perform transportation services.

B.

avoid paying tariffs to local authorities.

C.

temporarily stop a shipment to physically transform products.

D.

stop at any port of call without prior notification.

Which of the following sets of elements are the major components of inventory carrying cost?

A.

Capital, storage space, inventory service, transportation

B.

Storage space, inventory service, inventory risk, transportation

C.

Capital, storage space, inventory service, inventory risk

D.

Capital, storage space inventory service, distribution