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18 Cards in this Set
- Front
- Back
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Generally, the most expensive transportation mode (from among the following choices) is |
Air |
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One function of warehouses or distribution centers is "consolidation." This means that the warehouse/distribution center is used to: |
Group small inbound loads into larger outbound loads. |
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A company has determined the ideal number of locations by looking at the trade-offs described in the text. It decides to open more warehouse locations than is "ideal." This decision would most likely result in ___________ and ___________. |
Better service to customers and higher cost |
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Random Corp. offers logistics services such as storage, transportation, and information processing to its customers. Random is known in industry as a(n): |
Integrated service provider. |
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With respect to the following operating service characteristics of the modes of transportation, which combination is INCORRECTLY specified? |
Capability: pipeline is best; water is worst. |
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_______ are companies that own and operate transportation equipment to transport their own products. |
Private carriers |
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While the economic regulation of transportation has increased in the US in recent years, safety and social regulation has decreased significantly. T or F? |
False |
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Stockpiling stores inventories in warehouses to protect against |
Seasonality in both supply and demand |
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With respect to transportation regulation today in the United States: |
There is more safety/social regulation than ever before. |
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Richard's Rollerskate Company relies on Simon's Trucking to transport all of their products. Simon's Trucking is the only shipping company for RRC, and all products are shipped in trucks that look like giant roller skates with Richard's Rollerskate branding on the trucks. Richard's Rollerskate is likely using which carrier type? |
Contract carrier. |
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A major disadvantage of private warehousing is: |
It requires more investment than contract warehousing. |
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In determining the number of facility locations, the lowest total cost is typically: |
Not the lowest cost of either transportation or inventory. |
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With respect to the following operating service characteristics of the modes of transportation, which combination is CORRECTLY specified? |
Speed: air is best; pipeline is worst. |
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Zanda Corp. can make three individual deliveries to three different customers at a cost of $500 each or can consolidate them into one shipment with a cost of $1,300 and a stop-off charge of $100 per stop. Should Zanda do this? |
No, it will increase cost by $100 |
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Miller Corp. can make three individual deliveries to three different customers at a transportation cost of $600 each or can consolidate them into one shipment with a transportation cost of $1,200 and a stop-off charge of $100 per stop. Should Miller Corp. consolidate the shipments? |
Yes, it will save $300 |
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Economic regulation is designed to ensure that transportation services are available to everyone at a reasonable cost. T or F? |
False
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In ____________, inbound shipments are received and unloaded from the transportation vehicles. |
Receiving and unloading |
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________ involves verifying that the assembled orders are correct and the actual loading of the transportation vehicles occurs. |
Shipping |
