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Question $1$

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A product positioned strategy:

Question $1$Answer

a$.$

Places warehouses close to the sources of supply

b$.$

None of these

c$.$

Places warehouses close to customers

d$.$

Places warehouses midway between the sources of supply and the customers

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Question $2$

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With FOB pricing, a supplier is the legal owner of a product until the product reaches its destination.

Question $2$Select one:

True

False

Question $3$

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Which of the following are intermodal transportation alternatives?

Question $3$Answer

a$.$

Piggyback service

b$.$

Roll$-$on$-$roll$-$off

c$.$

Truck trailer$-$on$-$flatcar

d$.$

All of these

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Question $4$

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Which of the following modes of cargo transport can be characterized as being the most inexpensive and very slow, yet good for transporting very heavy goods a long$-$distance?

Question $4$Answer

a$.$

Water Carriers

b$.$

Rail Carriers

c$.$

Air Carriers

d$.$

Motor Carriers

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Question $5$

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A current warehouse system has five warehouses with $4,000$ units at each warehouse. The company desires to change to three warehouses to become more centralized and keep the same customer service levels. Determine the average warehouse inventory levels, using the square root rule. $($Choose the closest answer.$)$

Question $5$Answer

a$.$

$16,820$

b$.$

$15,492$

c$.$

None are correct

d$.$

$11,619$