In each of the following, name the term defined. Answers are listed at the bottom.
1. This is the process of coordinating and moving material and other resources from one location to another.
2. A company that is hired to handle logistics functions.
3. A mode of transportation that is the most flexible relative to cost, volume, and speed of delivery.
4. When large shipments are broken down directly into smaller shipments for local delivery.
5. Sorting goods is the main purpose of this type of warehouse.
6. A place where foreign goods can be brought into the United States without being subject to normal customs requirements.
7. The main cost criterion employed when a transportation model is used for analyzing a logistics network.
8. The Microsoft Excel function used to solve the transportation model.
9. For the transportation model to be able to find a feasible solution, this must always be greater than or equal to total demand.
10. The “changing cells” in a transportation model represent this.
11. This is a method that locates facilities relative to an X, Y grid.
12. A technique that is useful for screening potential locations for services.