1.) Reducing transportation frequency increases inventory? True/False

2.) A,B,C analysis is a good way to operate an inventory system for an assembly system? True/False

3.) Purchase agent is the same as a buyer? True/False

4.) Inventory hides quality problems? True/False

5.) Lead time has an inverse relationship with demand? True/False

6.) Air tariffs are often based on dimensional weight? True /False

7.) Moving average leads a trend? True/False

8.) TQM and similar approaches want a small number of suppliers to develop good relationships? True/False

9.) For intermodal, the distance must be long to have any savings over truckload? True/False

10.) Vessel typically sail at a frequency of daily on most route? True/False

11.) LTL carriers will charge you for broken pallets? True/False

12.) A 53ft van is about 120 inches wide in the US? True/False

13.) Drop and hook is when the truck drops a trailer at a location picking up empty trailer saving time? True/False

14.) A bill of lading is a legal document that provides the carrier and the driver the information required to correctly move and invoice the shipment? True/False

15.) Why use RFI instead of RFQ for engineering design studies EXPLAIN?

16.) Due to bullwhip effect large batch sizes tend to? a: Increase variability at the factory level b: Increase variability at the customer c: No impact on variability in supply chain

17.) Suppliers are responsible for all activities but the minimum core competence. How would you describe the organizational structure? a: Vertical integration b: Keiretsu c: None of the above

18.) What are 3 ways to improve a transportation network? please EXPLAIN each method.

19.) What is supply chain management? What are the key activities? EXPALIN.

20.) What is the MAD of a one step forecasting expontial smoothing forecast (alpha= .25)for the following series Note the forecast in the first period is 15. Include the first period in the error computation? Demand 10 20 15 17 22 14 15 17 MAD=?

21.)Mean square Error can be used to compare alternative forecasting methods? True/False

22.) What is the expontial smoothing forecast for the next period of this series with alpha of .5 and initial forecast of 10 (8,5,6) ?