1. Universal Exports has several crates it needs to send from the United Kingdom to North Korea. They have located a firm that specializes in transferring cargo to the actual carrier that will bring the crates into North Korea. This firm could be described as:

   	A.	an intermediary
   	B.	a mercenary.
   	C.	a customs broker.
   	D.	a freight forwarder.
   	A.	an intermediary
   	B.	a mercenary.
   	C.	a customs broker.
   	D.	a freight forwarder.

1. Companies do not plan to use safety stock.

   True

   False

2. ) In order to find the lowest cost ordering policy in a quantity discount model, you must compare the holding cost, ordering cost, and the price per unit for various order quantities.

   True

   False

If the variance of orders of a manufacturer equals 800, and the variance of orders of its supplier equals 750, what is happening at this part of the supply chain?

		The bullwhip measure for the supplier equals 1.067
		The supplier is providing a dampening (anti-bullwhip) effect.
		Both amplification and smoothing are present.
		The bullwhip effect is present.
		Neither amplification nor smoothing is present.