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Professional Development
Professional Development
Logistics and Supply Chain Management
15 questions
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- 1. Multiple Choice
Supply Chain in a business aim to the following contributions:
Achieve maximum customer service level
Ensure high product quality
Achieve minimum (possible) cost
Be flexible in the constant market changes
All of the above
- 2. Multiple Choice
The following are the 4 key players on the Physical Distribution Channel except for
Suppliers - Vendors
Manufacturers
Custom
Wholesalers
Customers
- 3. Multiple Choice
Part of the order processing includes the following except for
Checking inventory status
Customer credit
invoicing
accounts receivable
Checking the loading date
- 4. Multiple Choice
Logistics needs to be linked to the following except for
Marketing
Manufacturing
Forecasting
Customer servicing
Planning
- 5. Multiple Choice
By carefully analyzing material flows, the materials management can save the organization significant amount of _______________.
money
time
energy
manpower
None of the Above
- 6. Multiple Choice
________________ is valuable both as a form of advertising and for protection and storage from a logistical perspective.
purchasing
public relations
packaging
liaising
None of these
- 7. Multiple Choice
_________ supports time and place utility by allowing an item to be produced and held for later consumption. It can be held near the location where it will be needed, or transported later.
transporting
purchasing
packaging
warehousing
None of these
- 8. Multiple Choice
it adds a semi-permanent storey of storage within a warehouse
pallet
mezzanine
vertical lift modules
horizontal carousels
None of these
- 9. Multiple Choice
is a decision of a company about "make or buy" goods or services.
outsourcing
packaging
purchasing
warehousing
None of these
- 10. Fill in the Blank
describes businesses that provide one or many of a variety of logistics-related services.
- 11. Multiple Choice
also known as a non vessel operating common carrier (NVOCC).
Freight Forwarders
Inventory Management
Facility Location
Information Processing
None of these
- 12. Multiple Choice
the seller gives the goods, cleared for export, to the buyer's carrier at a specified place.
Free Carrier (FCA)
Carriage Paid To (CPT)
Cost and Insurance Paid (CIP)
Delivered at Terminal (DAT)
None of these
- 13. Multiple Choice
the seller pays for transport to a specified terminal at the agreed destination.
Delivered at Terminal
Cost and Insurance Paid
Carriage Paid To
Free Carrier
None of these
- 14. Multiple Choice
The seller is responsible for delivering the goods to the named destination in the buyer's country, including all costs involved.
Delivered at Place (DAP)
Delivered Duty Paid (DDP)
Free Alongside Ship (FAS)
Free on Board (FOB)
Cost and Freight
- 15. Multiple Choice
The seller must pay the costs of bringing the goods to the specified port.
Cost Insurance Freight
Free on Board
Cost and Insurance Paid
Free Carrier
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