Question: Choose the correct answer 1 . What is the main challenge associated with relying solely on financial measures for assessing logistics performance? * Financial measures
Choose the correct answer
What is the main challenge associated with relying solely on financial measures for assessing logistics performance?
Financial measures are difficult to calculate
Financial measures focus on current performance
Financial measures provide a narrow view of logistics performance
Financial measures do not reveal what specifically is wrong in logistics
In the context of legal forms of transportation, what is a characteristic of contract carriers?
They are not bound to serve the general public
They are exempt from regulation of services and rates
They transport certain exempt products such as produce, livestock, coal, or newspapers
They are subject to the most extensive regulations among carrier classifications
In which industries and scenarios is intermittent demand commonly observed?
Often in aviation, automotive, defense, and manufacturing
Primarily in the fashion and retail industries
Mainly in the technology and electronics sectors
Primarily in the food and beverage industry
There are five steps to implement the new supply chain agenda:
: Placing the right people in the right jobs
: Putting the right technology in place
: Focusing on internal collaboration
: Directing external collaboration
: Applying project management
What is the correct order of these steps?
What is the primary purpose of value stream mapping in lean implementation?
Identifying valueadded activities in the manufacturing process
Analyzing the product design phase for improvements
Studying both valueadded and nonvalueadded activities in the entire process
Creating a roadmap for product delivery to the customer
Of the following statements about space calculations, how many of them are TRUE arguments?
The only factors need consideration in calculating dock space are the number of loads and pallets, the hours to unload, the space per pallet as well as the time of shift.
The ability to preload trailers and double stack pallets will help reduce the space required without limitations
All products will be evaluated and put on pallets with varying heights depending on the nature of the items in terms of weight, crushability,
The working and travel space around the pallets will be determined by the type of forklift or pallet truck used to unload and load the vehicles, plus the amount of access to the pallets is required
The calculation of quantities of pallets should consider several factors such as planned utilization within the warehouse, the pallet orientation, the requirement for cross aisles and the height of forklift trucks
While the double deep racking requires a smaller number of aisles, the drivein racking increase the need for aisles
The presence and location of sprinklers could influence the height of warehouse and the racking
Which type of productivity measure relates the throughput of a supply chain to the number of customer visits per van or tons moved per shift?
Total Productivity
Labour Productivity
Capital Productivity
Equipment Productivity
Which statement accurately describes a difference in commitment between shared and dedicated warehouses?
Shared warehouses typically require multiyear contracts for the entire building, providing stability and longterm commitment
Dedicated warehouses offer greater flexibility with monthtomonth agreements, allowing businesses to adapt to changing warehouse needs
Both shared and dedicated warehouses usually involve fixedterm contracts, limiting flexibility in commitment
Dedicated warehouses often require longterm commitments, while shared warehouses provide the advantage of shortterm, adaptable agreements
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