An increase in dwell time indicates that:

Multiple Choice

total time in the system has increased.

asset idle time compared to total time in the system has increased.

asset idle time has increased.

asset idle time compared to total time in the system has decreased.

The basic unit of supply chain design and operational control is:

Multiple Choice

integrated logistics.

life cycle support.

echeloned inventory.

the logistics performance cycle.

A cross-dock facility:

Multiple Choice

handles only outgoing shipments.

combines outgoing shipments into full loads for long-distance shipping.

handles only incoming shipments.

converts incoming shipments from suppliers to outgoing shipments for delivery.

The 'Pareto principle' is:

Multiple Choice

useful for forecasting transportation requirements.

seldom applied to inventory analysis.

useful for product profitability analysis.

also known as the 70/30 rule.

The work of logistics involves which of the following?

Multiple Choice

Order processing, inventory, and manufacturing

Inventory, transportation, manufacturing and procurement

Transportation, inventory, order processing, warehousing, and facility network design

Manufacturing, customer accommodation, and purchasing

The work of logistics involves all of the following EXCEPT which of the following?

Multiple Choice

Inventory

Transportation

Manufacturing

Order processing

A high-quality logistics system offers high levels of inventory availability and predictable operational performance. This is what known as:

Multiple Choice

continuous improvement.

service reliability.

service quality.

predictive logistics.

The goal of integrated logistics is to:

Multiple Choice

develop lower cost suppliers.

minimize operational expenditures while meeting customer service goals.

simplify the process of supply chain management.

minimize transportation costs in a supply chain.