Question: 1. What is intermodal? a. Moving between company assets b. Moving using more than one mode of transportation c. Moving between more than one company

1. What is intermodal? a. Moving between company assets b. Moving using more than one mode of transportation c. Moving between more than one company d. None of the above 2. Calculate the Economic Order Quantity using the following information: annual demand =3,000,000; the cost of placing an order =$54 per order; the carrying cost%= 25%; item value =$100. a. 3600 b. 720 c. 72000 d. 36000 3. What is the reorder point for the CPTBMW Company if the lead time is 6 hours and the hourly demand for the company is 7000 ? a. 42000 b. 1750 c. 28000 d. I don't know e. False 4. What are the questions of inventory management? a. Where to stock it? b. When to order? c. What to order? d. How much to order? e. b., c, d. f. All.of the above 5. What is the critical aspect of supply chain management missing from most definitions? 6. What is the biggest advantage of water transportation in the supply chain? 7. Supply chain and logistics are the same thing? a. True b. False 8. The Bull Whip Effect is seen when: a. Shoppers buy the same products at the same rate b. Good information is not passed in the supply chain c. Bosses are unfriendly to the workers d. Lead times vary in the supply chain 9. The biggest advantage that Rail has over trucking is: a. Volume of product moved b. Weight of products moved c. Flexibility d. Cost 10. Distortion and uncertainty in the supply chain require the company to have an insurance policy in the form of 11. Warehouses and Distribution Centers are the same. True/False 12. Calculate the perfect order fulfillment using the following data: Right product: 99% Right place: 98% Right time: 90% Right condition: 98% Right quantity: 95% Right billing: 99% 13. What mode of transportation is responsible for the largest amount of products moved in the US? 14. The inventory management question answered by the Economic Order Quantity is: a. Where to stock it? b. What to order? c. When to order? d. How many to order? - c. None of these? 15. If moving large quantities of low-cost materials from Asia to the US, the best method of shipping would be: a. Trucks b. Air c. Rail d. Water e. Pipelines: 16. What is the triple bottom-line? a. People b. Profits c. Planet d. Performance c. All of the above f. a,b,c 17. What is safety stock? a. Additional stocks to cover variations in lead times and demands b. Stocks of supplies for safety operations c. A little used practice since it has become "sacred stock" d. None of the above 18. If the BOQ is 4500 and the Annual Demand is 340,000 ; calculate the annual orders for the company. a. There is not enough data to calculate b. 76 c. 75.56 d. 75 c. None of these 19. Calculate the company's inventory turns using the following data: a. COGS=4,500,000, b. Inventory Value =2,000,005 a. 3 b. 2 c. 2.25 d. Not enough data to calculate c. I don't know 20. The most cost effective mode of ground transportation is: a. Trucks b. Air c. Small Parcel d. Rail c. None of these Extra Credit: ( 8 points) The Reorder Point answers what two questions of inventory management

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