CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 1 The distance factor involving the location of nodes, or fixed points in the logistics system is referred to as: a.spatial relationship b.temporal intensity c.density d.ruler variance
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 1 The distance factor involving the location of nodes, or fixed points in the logistics system is referred to as: a.spatial relationship b.temporal intensity c.density d.ruler variance
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 2 Selection of air freight transportation, over a motor carrier, even if the choice increases transportation costs, might be justified if: a.the reputation of the company is improved through the use of higher priced transportation b.the customer receives the order before the ordered delivery date c.total logistics costs are lowered d.transit time is not a factor
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 2 Selection of air freight transportation, over a motor carrier, even if the choice increases transportation costs, might be justified if: a.the reputation of the company is improved through the use of higher priced transportation b.the customer receives the order before the ordered delivery date c.total logistics costs are lowered d.transit time is not a factor
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 3 What medium is used to move coal in slurry lines? a.compressed air b.gas c.water d.vacuum e.none of the above
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 3 What medium is used to move coal in slurry lines? a.compressed air b.gas c.water d.vacuum e.none of the above
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 4 Determining where to locate a plant or warehouse involves consideration of all of the following factors: a.community services b.level of local union activity c.zoning laws d.location of existing and potential customers e.all of the above
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 4 Determining where to locate a plant or warehouse involves consideration of all of the following factors: a.community services b.level of local union activity c.zoning laws d.location of existing and potential customers e.all of the above
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 5 As of May of 1999, ocean transport is being deregulated. This will allow: a.carriers to price their offerings without the need to publish rates b.confidential “all trade” service contracts between carriers and shippers c.a. and b. above d.none of the above
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 5 As of May of 1999, ocean transport is being deregulated. This will allow: a.carriers to price their offerings without the need to publish rates b.confidential “all trade” service contracts between carriers and shippers c.a. and b. above d.none of the above
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 6 If demand increases by 10% and the value of each unit increases by 10%, what will happen to the EOQ? (Assume that everything else remains the same). a.the EOQ will increase by 10% b.the EOQ will increase by 20% c.the EOQ will decrease by 10% d.the EOQ will decrease by 20% e.the EOQ will remain the same
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 6 If demand increases by 10% and the value of each unit increases by 10%, what will happen to the EOQ? (Assume that everything else remains the same). a.the EOQ will increase by 10% b.the EOQ will increase by 20% c.the EOQ will decrease by 10% d.the EOQ will decrease by 20% e.the EOQ will remain the same
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 7 Which of the following strategies are mass merchant retailers generally pursuing: a.more “FOB Delivered” terms b.more “FOB Origin” Terms c.putting less emphasis on terms and more emphasis on first time cost d.making freight cost the supplier’s problem
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 7 Which of the following strategies are mass merchant retailers generally pursuing: a.more “FOB Delivered” terms b.more “FOB Origin” Terms c.putting less emphasis on terms and more emphasis on first time cost d.making freight cost the supplier’s problem
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 8 As the number of warehouses used by a company increases: a.transport costs will decrease; inventory cost and cost of lost sales will increase b.transport costs and cost of lost sales will increase; inventory costs will decrease c.transport costs and inventory cost will decrease; cost of lost sales will increase d.transport costs and cost of lost sales will decrease; inventory costs will increase e.none of the above
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 8 As the number of warehouses used by a company increases: a.transport costs will decrease; inventory cost and cost of lost sales will increase b.transport costs and cost of lost sales will increase; inventory costs will decrease c.transport costs and inventory cost will decrease; cost of lost sales will increase d.transport costs and cost of lost sales will decrease; inventory costs will increase e.none of the above
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 9 Which type of warehouse is used when a company wishes to store goods that will be used as collateral? a.bonded b.financial c.field d.private
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 9 Which type of warehouse is used when a company wishes to store goods that will be used as collateral? a.bonded b.financial c.field d.private
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 10 Giving or sending a purchase order to a supplier: a.results in a contract when the acknowledgment copy is returned by the supplier to the purchaser b.results in a contract only when the supplier ships the material c.creates a contract d.must be done in at least two copies to be legal e.none of the above
CLM - Pittsburgh Roundtable 1999 College Challenge Round 2 - Question 10 Giving or sending a purchase order to a supplier: a.results in a contract when the acknowledgment copy is returned by the supplier to the purchaser b.results in a contract only when the supplier ships the material c.creates a contract d.must be done in at least two copies to be legal e.none of the above