1. Moving some final manufacturing steps into a warehouse or distribution center is referred to as a) logistical transfer b) outsourcing c) continuous replenishment d)postponement
2. The key component in intermodal transportation is a)trucking b) railroads c) containers d) ships
3. The total cost of producing, storing and transporting a product to the site of consumption (or another port) is the a) landed cost b) tariff c) duty d)value added tax
4. Companies may outsource for any of the following reasons EXCEPT a) focus on core competencies b) increase vertical integration c) increase flexibility d) reduce costs
5. Rival companies pooling their distribution resources to reduce cost are engaging in a) collaborative logistics b) distribution outsourcing c) cross docking e) vendor managed inventories
6. The most common mode of transporting products in the US is a) rail b) air c) trucking d) water
7. Which of the following choices is not true about vendor-managed inventory? a) It allows rival companies to collaborate in distribution. b) It is a form of role reversal, in which the responsibility for planning shifts to the manufacturer.c) It is usually an integral part of supply chain collaboration. d) It makes forecasting by manufacturers easier.
8. Factors driving globalization of the supply chain include all of the following EXCEPT a) international trade agreements b) government intervention c) advances in information d) technology ower-cost transportation
9. The most common intermodal combination globally is a ) truck-water-rail-truck b) truck-rail-truck-water c) air-water-rail-truck d) water-truck-rail-truck
10. Most favored-nation (MFN) status is an agreement where members of the World Trade Organization (WTO) extend to other members the most favorable treatment given to any trade partner. a) True b) False