Complete the mcq:
1 A unique feature of integrated logistics is:
A The newness of the concept
B It is fundamental similar to military operations
C Complexity and scope of operations
D The fact that it employees many people.
2 Basic logistics service is a concept that:
A Describes the level of service provided all established customers
B Is involved in designing a network
C Only involves availability
D None of the above
3 A logistics performance cycle is:
A A format for improved measurement of cost and service.
B The basic unit of supply chain design and operational control
C Is an important form of transportation measurement
D Is typically echeloned
4 The term "Mother Facility" is often used to describe:
A The oldest or original facility in a network
B A facility that is dedicated to servicing a manufacturing facility
C The source of money for college students
D An inventory replenishment source for smaller facilities
5 A flow through facility is:
A Typically found in the beverage industry
B Is also often called a cross-dock facility
C Is a specialized warehouse that performs value-added services
D Dedicated to the support of an integrated service provider.
6 The "Pareto Principle" is:
A Unique to logistical performance measurement
B A concept developed in manufacturing to integrate logistics and procurement
C Used in logistics to develop fine line inventory classification
D Seldom the result of logistics system design
7 Service reliability is best described as:
A The measure of availability that is most critical in system design
B Deals with speed and consistency of order cycle performance.
C The quality dimension of logistics performance
D The key attribute of transportation integration
8 The primary reason that total logistics cost has reduced as a percentage of GDP is:
A Inventory has increased as a percent of total cost
B Inventory has decreased as a percent of total cost
C Transportation has decreased as a percent of total cost
D Nominal GDP has increased
9 The work of logistics involves:
A Order processing, inventory, and manufacturing
B Inventory, transportation, manufacturing and procurement
C Manufacturing, customer accommodation, and purchasing
D Transportation, inventory, order processing, warehousing, and facility network design
10 The logistics performance cycle:
A Is the basic unit of supply chain design and control
B Relates to transportation control
C Is an important concept in inventory control
D None of the above.
11 Logistics cost has declined as a percent of GDP over the past 25 years (T/F)
12 Service reliability involves logistical quality. (T/F)
13 Total cost was not typically the way managers viewed logistics prior to the 1960's (T/F)
14 The logistics value proposition is based solely on cost minimization (T/F)
15 The work of logistics is all about transportation planning and execution (T/F)