Iibm - Business Logistics

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Business Logistics

Multiple Choices:

Q1. This decision involves mode of selection, shipment size, routing & scheduling.

a. Inventory decision

b. Transport decision

c. Distribution decision

d. Facility location decision

Q2. This refers to the activities of gathering the information needed about the products & services desired & formally requesting the products to be purchased.

a. Order preparation

b. Order transmittal

c. Observation

d. Order entry

Q3.A very valuable function for the TMS is to suggest the patterns for consolidating small shipments into larger ones

a. Mode selection

b. Routing

c. Scheduling

d. Freight Consolidation

Q4. This refers to transporting truck trailers on railroad flatcars, usually over longer distances than trucks normally haul

a. Water

b. Pipeline

c. Roadways

d. Trailers on Flatcars

Q5. An operating philosophy that is an alternative to the use of inventories for meeting the goal of having the right goods at the right place at the right time.

a. Just-in-time

b. Kanban

c. MRP Mechanies

d. None

Q6. A buyer may wish to negotiate the best possible price but not take delivery of the full purchase amount at one time.

a. Fixed sourcing

b. Contract buying

c. Flexible sourcing

d. Deal buying

Q7. Transportation rate structure, especially rate breaks, influence the use of storage facilities is known as___________

a. Storage function

b. Holding

c. Consolidation

d. Break-bulk

Q8. These warehouses are the most common type which handle a broad range of merchandise.

a. Household warehouses

b. Miniwarehouses

c. Bulk storage warehouses

d. General merchandise warehouses

Q9. ___________ refers to the time that goods remain in...