Deck 3: Logistics

Question 1

Procurement and manufacturing are an integral part of integrated logistics.

Answer 1

False

Question 2

A unique feature of integrated logistics is:

A)The newness of the concept
B)Its fundamental similarity to military operations
C)Its complexity and scope of operations
D)The fact that it employees many people.

Answer 2

C

Question 3

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

Answer 3

A

Question 4

Facility network design is the function of total cost minimization.

Question 5

Efficiency as contrasted to effectiveness is the primary goal of logistics.

Question 6

A flow through facility is:

A)Typically found in the beverage industry
B)Also often called a cross-dock facility
C)A specialized warehouse that performs value-added services
D)Dedicated to the support of an integrated service provider.

Question 7

The logistics value proposition is based solely on cost minimization.

Question 8

The work of logistics is all about transportation planning and execution.

Question 9

Service reliability is best described as:

A)The measure of availability that is most critical in system design
B)Dealing with speed and consistency of order cycle performance.
C)The quality dimension of logistics performance
D)The key attribute of transportation integration

Question 10

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

Question 11

Dwell time is:

A)A key component of system design
B)The ratio of asset idle time to total time required to complete a mission
C)The total time inventory is waiting to be processed.
D)A key concept in manufacturing efficiency

Question 12

Logistical system design is driven by careful integration of all operational components to minimize total cost.

Question 13

Echeloned distribution structure facilitates direct delivery.

Question 14

Transportation cost drives a firm's focus on speed and consistency.

Question 15

Logistics cost has declined as a percent of GDP over the past 25 years.

Question 16

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

Question 17

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

Question 18

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)An important form of transportation measurement
D)Typically echeloned

Question 19

Total cost was not typically the way managers viewed logistics prior to the 1960's.

Question 20

Service reliability involves logistical quality.

Question 21

Performance Cycle variance is a prime determinant of safety stock.

Question 22

The goal of cycle synchronization is achievement of planned time performance.

Question 23

Performance cycle uncertainty is a key concern in logistical operations.