When evaluating or selecting a third party supplier which

Question

Question 1. Labor costs in a warehouse can approach ___________ % of the total warehouse budget.

30

40

60

75

Question 2. Which of the following warehouse activities is the largest proportion of labor costs?

Travel time

Pick time

Locking time

Checking time

All of the above are equal.

Question 3. Through the 1990s, the levels of transport and warehouse outsourcing doubled in volume.

True

False

Question 4. An advantage of using a third party contractor is less capital on the balance sheet.

True

False

Question 5. When evaluating or selecting a third party supplier, which of the following characteristics should be reviewed?

Cost/price/rates.

Speed in transit.

Reliability.

All of the above.

None of the above.

Question 6. Equipment costs can be both variable and fixed.

True

False

Question 7. An example of fixed costs includes:

overtime wage costs.

repairs and maintenance.

equipment running costs.

insurance on goods/services.

depreciation on equipment.

Question 8. Technical change is usually easier than cultural change.

True

False

Question 9. Which of the following has replaced forecasting in organizations?

Made to order.

Inventory pull from order placing.

Postponement.

Automated ordering.

Sorting.

Question 10. A forklift truck or powered pallet truck is _______ times faster than manual walking with a hand pallet truck.

4

6

8

10