You are a supply chain consultant working with a client to implement a new logistics network. In logistics, which of the following parameters should be considered for product segmentation:

1. The temperature under which it is required to be stored and transported
2. Size and shape
3. Geography
4. Logistics network requirement

Choose the best option:

1. I and II
2. I and III
3. I and IV
4. II and IV

You work as a supply chain consultant and you get a manufacturing client for a new project. During the initial briefing, the VP of manufacturing informs you that they are a stock company and therefore wish to reduce the manufacturing cycle by 2 weeks. How would you interpret the problem statement?

1. Reduce the time needed between the procurement of materials and the shipment to the customer.
2. Reduce the time from the release of the manufacturing order until shipment to the customer.
3. Reduce time for the final assembly to be completed.
4. Reduce the time it takes to change the machinery from one part to the next.

You are working in the procurement department of a refrigerator manufacturing company. You are involved in negotiations with supplier for the part cost. The ability to negotiate price is dependent on the type of product. Which of the following products could generally be negotiated?

1. Maintenance, repair, and operating supplies
2. Copper, coal, metal
3. Standard electronic components
4. Move to order motors