Versus a decentralized warehousing system, when considering safety$-$stock and operating costs, which of the following product characteristics is a factor which supports HAVING a centralized warehousing system?I. Erratic demandII. High product valueGroup of answer choicesI onlyII onlyBoth I and IINeither I nor II Flag question: Question $2$Question $20\mathrm{.}5$ ptsVersus a public warehouse, which of the following firm characteristics is a factor which supports HAVING a private warehouse?I. Low customer service requirementsII. Low throughput volumeGroup of answer choicesI onlyII onlyBoth I and IINeither I nor II Flag question: Question $3$Question $30\mathrm{.}5$ ptsWhen the title of merchandise passes to the buyer at time of shipment, but transportation and freight charges are prepaid by the supplier and added to the buyers invoice this is known as:Group of answer choicesFOB Origin, freight prepaidFOB Destination, freight prepaid and charged backFOB Destination, freight prepaidFOB Origin, freight prepaid, and charged back Flag question: Question $4$Question $40\mathrm{.}5$ ptsA shipment that originates in Los Angeles and is placed inside a sealed standardized $20$ft container attached to a truck trailer and is moved from Los Angeles to Phoenix where the container is then moved to a railcar for final shipment to Denver where it would then be loaded onto another truck trailer would most likely be considered an:Group of answer choicesInterlinked shipmentIntermodal shipmentInter$-$truck shipmentInter$-$port shipment Flag question: Question $5$Question $50\mathrm{.}5$ ptsWhich of the following is$/$are useful for managing supply chain risk?I. Diversifying the supply baseII. Reducing safety stocksGroup of answer choicesI onlyII onlyBoth I and IINeither I nor II Flag question: Question $6$Question $60\mathrm{.}5$ ptsWhich of the eight key processes in the SCM Integration Model has the main objective of providing order information to customers?Group of answer choicesCustomer relationship managementCustomer service managementOrder fulfillmentDemand management Flag question: Question $7$Question $70\mathrm{.}5$ ptsIt is difficult to utilize cost & profit to gauge supply chain performance because?I. Costs & profit can be hidden and manipulatedII. Decisions to maximize current stock prices do not always mean that the firm is performing wellGroup of answer choicesI onlyII onlyBoth I and IINeither I nor II Flag question: Question $8$Question $80\mathrm{.}5$ ptsSources of productivity growth includeI. The environmentII. Interest ratesGroup of answer choicesI onlyII onlyBoth I and IINeither I nor II Flag question: Question $9$Question $90\mathrm{.}5$ ptsAn example of a cost measure in a World$-$Class Performance Measurement System would be:I. Average production lot sizeII. Number of product returns per unit soldGroup of answer choicesI onlyII onlyBoth I and IINeither I nor II Flag question: Question $10$Question $100\mathrm{.}5$ ptsOutput divided by the sum of labor, capital and energy is an example of:I. A partial measure of productivityII. A multifactor measure of productivity Group of answer choicesI onlyII onlyBoth I and IINeither I nor II