$2$

means the order is placed through the internet site and sent to the nearest store for

customer pick up$.$

a$.$ Outsourced Fulfillment

b$.$ Store Fulfillment

$($c$.)$ Dedicated Fulfillment.

$3-$ A contract where the buyer pays a minimal amount for each unit purchased from the supplier bu

shares a fraction of the revenue for each unit sold is a

a$.$ buyback or returns contract.

b$.$ revenue$-$sharing contract.

c$.$ quantity flexibility contract.

$4-$ A fertilizer manufacturer, was unable to identify the future product demand at county an

distributor$-$level. This led to inefficient manufacturing plans and high inventory levels. Clier

wanted to ID new dealer$-$targets efficiently to expand their existing dealer network. They combine

internal and external data $($weather forecasts, grain prices, etc.$)$ and also included logistics I"

software products and analysis services, for tracking and tracing the delivery status of differen

products. This condition refers to which one of the logistics parties:

a$.2^{ed}$ party

b$.3^{rd}$ party

c$.4^{th}$ party.

$5-$The following warehousing methodology is one in which goods are not actually warehoused in a

facility. Instead, trucks from suppliers, each carrying a different type of product, deliver goods to a

facility. There the inventory is broken into smaller lots and quickly loaded onto store$-$bound trucks

that carry a variety of products, some from each of the supplier trucks.

a$.$ Warehouse unit storage

b$.$ Job lot storage

c$.$ Cross$-$docking

refers to the use of more than one mode of transportation to move a shipment

a$.1$ ruck

b$.$ Intermodal

c$.$ water

refers to a reason to hold inventory that arises when an organization expects that an

unusual event might occur that will negatively impact its source of supply.

$($a$.)$ Anticipatory Stocks

b$.$ Seasonal Stocks

c$.$ Work$-$in$-$Process Stocks,

is a collaborative process between two trading partners that establishes formal

gurdelines tor joint forecasting and planning.

a$.$ Collaborative Planning Forecasting and Replenishment $($CPFR$)$

b$.$ Supply Chain Planning Forecasting and Replenishment $($SCPFR$)$

c$.$ Supply Chain Optimization $($SCO$)$

$9-$ The time difference between a business ordering and receiving stock called the:

a$.$ lead time

b$.$ reorder level

c$.$ buffer stock

$10-$ In a perpetual inventory system cost of goods sold is recorded how often?

a$.$ For each transaction

b$.$ At the end of an accounting period.

c$.$ A & B