Order processing, inventory management, materials handling, warehousing, and transportation are the activities that define

$(1$pts$)$

Question $10-$ Order processing, inventory management, materials handling, warehousing, and transportation are the activities that define

wholesaling.

retailing.

logistics$.$

channel management.

$11)$

The main objective of logistics should be to

$(1$pts$)$

Question $11-$ The main objective of logistics should be to

decrease costs while increasing customer satisfaction.

increase service and market coverage.

increase market coverage and channel power.

balance costs and market coverage.

$12)$

Another important goal of logistics is to reduce $\_\_\_\_\_\_\_$ or how long it takes to complete a process.

$(1$pts$)$

Question $12-$ Another important goal of logistics is to reduce $\_\_\_\_\_\_\_$ or how long it takes to complete a process.

processing time

cycle time

production

time standards

$13)$

What is order processing?

$(1$pts$)$

Question $13-$ What is order processing?

the second stage in a physical distribution system.

the same as order handling.

the receipt and transmission of sales order information.

electronic processing of information.

$14)$

What is the objective of inventory management?

$(1$pts$)$

Question $14-$ What is the objective of inventory management?

having only enough supplies on hand as needed for production or resale.

increasing stockouts.

eliminating safety stock.

maintaining an adequate supply of goods to satisfy customers.

$15)$

Which of the following is the physical handling of tangible goods, supplies and resources?

$(1$pts$)$

Question $15-$ Which of the following is the physical handling of tangible goods, supplies and resources?

Inventory management

Materials handling

Transportation

Order processing

$16)$

Which of the following logistics functions involves design and operation of facilities for storing goods?

$(1$pts$)$

Question $16-$ Which of the following logistics functions involves design and operation of facilities for storing goods?

Warehousing

Order processing

Materials handling

Inventory management

$17)$

Which logistics function is the most expensive?

$(1$pts$)$

Question $17-$ Which logistics function is the most expensive?

Warehousing

Inventory Management

Materials Handling

Transportation

$18)$

Which mode of transportation is the fastest but most expensive way to move products?

$(1$pts$)$

Question $18-$ Which mode of transportation is the fastest but most expensive way to move products?

railroad

trucks

waterways

airplanes

$19)$

The most cost$-$efficient way to transport crude oil from remote oil drilling sites to shipping terminals would be

$(1$pts$)$

Question $19-$ The most cost$-$efficient way to transport crude oil from remote oil drilling sites to shipping terminals would be

waterways

tanker trucks

pipelines

railroads

$20)$

When it comes to laws that govern distribution in the United States, they are based on the principle that competition and free trade are $\_\_\_\_\_\_\_\_.$

$(1$pts$)$

Question $20-$ When it comes to laws that govern distribution in the United States, they are based on the principle that competition and free trade are $\_\_\_\_\_\_\_\_.$

consistent

restricting

good

controlled