CLM - Pittsburgh Roundtable 2004 College Challenge 2004 College Challenge Ground Rules March , 4:45 PM Two Preliminary Rounds, teams randomly chosen Round One – Round Two – 15 questions each round (5 5-point questions, 5 10-point questions, 5 15-point questions) Two teams with highest score in each round move on to Final Round Tie breaker questions used as necessary

CLM - Pittsburgh Roundtable 2004 College Challenge 2004 College Challenge Ground Rules  Schools invited to attend submitted questions and answers in previous years  Questions and answers used this year were reviewed by independent Logistics Full Professor from major University  All decisions of the judges (Pgh. CLM Roundtable) are final!  Competition is lighthearted and fun! So is the outcome! Enjoy!

CLM - Pittsburgh Roundtable 2004 College Challenge 2004 College Challenge Round 2  Wayne State University  Ohio State University  University of North Texas  Robert Morris University

CLM - Pittsburgh Roundtable 2004 College Challenge 2004 College Challenge Round 2- First Question Click to move to first question on next slide!

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 1 You have been tasked with cutting costs in your DC. Which of the following would you do? A. Lower customer service levels to allow the Distribution Center to store less safety stock B. Build additional storage capacity with automated material handling capabilities C. Cross-dock deliveries from suppliers to customers for high turn items D. Decentralize distribution to more facilities located closer to markets 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Answer 1 You have been tasked with cutting costs in your DC. Which of the following would you do? A. Lower customer service levels to allow the Distribution Center to store less safety stock B. Build additional storage capacity with automated material handling capabilities C. Cross-dock deliveries from suppliers to customers for high turn items D. Decentralize distribution to more facilities located closer to markets 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 2 Which mode currently carries the largest share of intercity freight ton-miles in the U.S.? A. air B. rail C. water D. motor E. pipeline 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Answer 2 Which mode currently carries the largest share of intercity freight ton-miles in the U.S.? A. air B. rail C. water D. motor E. pipeline 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 3 The retailer supply chain management strategy know as “VMI” refers to: a.retailers taking more control over their vendors b.retailers asking vendors to take control of the supply chain c.“Variable Minimum Inventories” d.vendors taking a more broad based management view 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Answer 3 The retailer supply chain management strategy know as “VMI” refers to: a.retailers taking more control over their vendors b.retailers asking vendors to take control of the supply chain c.“Variable Minimum Inventories” d.vendors taking a more broad based management view 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 4 Bar coding systems are useful in purchasing for which of the following activities? A.Receiving inbound materials and order generation B.Incoming inspection and quality control C.Obtaining price quotes D.Determining availability of items from supplier E.Transmitting purchase orders 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Answer 4 Bar coding systems are useful in purchasing for which of the following activities? A.Receiving inbound materials and order generation B.Incoming inspection and quality control C.Obtaining price quotes D.Determining availability of items from supplier E.Transmitting purchase orders 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 5 Which mode of transportation transports more than 75% of the annual tonnage of agricultural products in the U.S. A. Motor B. Rail C. Air D. Water E. Pipeline 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Answer 5 Which mode of transportation transports more than 75% of the annual tonnage of agricultural products in the U.S. A. Motor B. Rail C. Air D. Water E. Pipeline 5 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 6 Which of the following statements about interstate and intrastate transportation is correct : A. Interstate is within states and intrastate is between states B. Interstate is between states and intrastate is within states C. Interstate and intrastate are basically the same thing D. The federal government regulates intrastate and states regulate interstate 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Answer 6 Which of the following statements about interstate and intrastate transportation is correct : A. Interstate is within states and intrastate is between states B. Interstate is between states and intrastate is within states C. Interstate and intrastate are basically the same thing D. The federal government regulates intrastate and states regulate interstate 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 7 What is customer value? A. A tradeoff between the benefits created for a customer and sacrifices incurred by the customer to obtain the benefits B. Whatever the supplier says it is C. Whatever a firm thinks it should provide the customer D. A tradeoff between the sacrifices incurred by the supplier and the benefits created from customer sales 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Answer 7 What is customer value? A. A tradeoff between the benefits created for a customer and sacrifices incurred by the customer to obtain the benefits B. Whatever the supplier says it is C. Whatever a firm thinks it should provide the customer D. A tradeoff between the sacrifices incurred by the supplier and the benefits created from customer sales 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 8 Which of the following sets of characteristics will lead to the lowest freight class designation: A. High density, high value B. Low density, low value C. Low density, high value D. High density, low value 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Answer 8 Which of the following sets of characteristics will lead to the lowest freight class designation: A. High density, high value B. Low density, low value C. Low density, high value D. High density, low value 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 9 All of the following pertain to the function of logistics EXCEPT: a. It is the planning and control of the flow and storage of products b. It is one of the functions needed for supply chain management c. It contributes to market efficiency by connecting the customer and product d. It consists of transportation, inventory and demand management 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round –Answer 9 All of the following pertain to the function of logistics EXCEPT: a. It is the planning and control of the flow and storage of products b. It is one of the functions needed for supply chain management c. It contributes to market efficiency by connecting the customer and product d. It consists of transportation, inventory and demand management 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 10 International trade terms (INCOTERMS) can be categorized into four groups, namely C, D, E, and F. An exporter has minimum responsibility with which group? A.C B.D CE D.F 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Answer 10 International trade terms (INCOTERMS) can be categorized into four groups, namely C, D, E, and F. An exporter has minimum responsibility with which group? A.C B.D C.E D.F 10 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Question 11 Reducing the credit period, such as from 90 to 30 days, in order to improve cash flow and return on investment: A. is a purely financial decision which will have little or no influence on the logistics system. B. will cause customers to order in smaller quantities, (assuming they continue to purchase from the firm ) thereby increasing logistics costs for the supplier C. will improve the cash flow of customers. D. will cause customers to place larger orders, thereby decreasing logistics costs. E. None of the above 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round - Answer 11 Reducing the credit period, such as from 90 to 30 days, in order to improve cash flow and return on investment: A. is a purely financial decision which will have little or no influence on the logistics system. B. will cause customers to order in smaller quantities, (assuming they continue to purchase from the firm ) thereby increasing logistics costs for the supplier C. will improve the cash flow of customers. D. will cause customers to place larger orders, thereby decreasing logistics costs. E. None of the above 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Question 12 __________________ refer(s) to the mainframe applications that were developed prior to 1990 to automate transactions such as order entry, order processing, warehouse operations, inventory management, and transportation. A. WMS B. MRP II C. Virtual systems D. Legacy systems E. RFID 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Answer 12 __________________ refer(s) to the mainframe applications that were developed prior to 1990 to automate transactions such as order entry, order processing, warehouse operations, inventory management, and transportation. A. WMS B. MRP II C. Virtual systems D. Legacy systems E. RFID 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Question 13 A company should consider outsourcing when: A. They need to develop a new strategy for order fulfillment and consolidation B. They need to implement a new logistics strategy but cannot accomplish it internally C. They need to plan new specialized logistics services to meet customers’ needs D. They need to obtain senior management support for new inventory initiatives 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Answer 13 A company should consider outsourcing when: A. They need to develop a new strategy for order fulfillment and consolidation B. They need to implement a new logistics strategy but cannot accomplish it internally C. They need to plan new specialized logistics services to meet customers’ needs D. They need to obtain senior management support for new inventory initiatives 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Question 14 Which of the following is the most exacting measure of performance? A. Orders shipped complete B. Stockout frequency C. Number of complaints D. Fill rate E. Average fill rate 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Answer 14 Which of the following is the most exacting measure of performance? A. Orders shipped complete B. Stockout frequency C. Number of complaints D. Fill rate E. Average fill rate 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Question 15 New hours of service rules for truckers recently went into effect. These new rules will: A.Decrease the driving time allowed to 10 hours and increase the “on-duty” time to 15 hours. B.Increase the driving time allowed to 11 hours but reduce the “on-duty” time to 14 hours. C.No longer allow “waiting time” to be counted as “off duty.” D.A and C E.B and C 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Answer 15 New hours of service rules for truckers recently went into effect. These new rules will: A.Decrease the driving time allowed to 10 hours and increase the “on-duty” time to 15 hours. B.Increase the driving time allowed to 11 hours but reduce the “on-duty” time to 14 hours. C.No longer allow “waiting time” to be counted as “off duty.” D.A and C E.B and C 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 1 Question When making transportation decisions, managers should first develop a deep understanding of which of the following? AVehicle routing and scheduling decisions B. Network freight flows C. Freight lane characteristics D. Barriers to change within the organization 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 1 Answer When making transportation decisions, managers should first develop a deep understanding of which of the following? AVehicle routing and scheduling decisions B. Network freight flows C. Freight lane characteristics D. Barriers to change within the organization 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 2 Question In-transit inventories A. are items that are en route from one location to another B. are stock items that result from the replenishment process and are used to meet standard demand C. are not necessary with just-in-time systems D. from an accounting perspective, are the same as dead stock 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 2 Answer In-transit inventories A. are items that are en route from one location to another B. are stock items that result from the replenishment process and are used to meet standard demand C. are not necessary with just-in-time systems D. from an accounting perspective, are the same as dead stock 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 3 Question A higher operating ratio (closer to 100) for a carrier would mean that the carrier had: A. Higher operating profit B. Lower operating profit C. Higher maintenance costs D. Higher safety violation rates 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 3 Answer A higher operating ratio (closer to 100) for a carrier would mean that the carrier had: A. Higher operating profit B. Lower operating profit C. Higher maintenance costs D. Higher safety violation rates 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 4 Question Flexibility is the ability of a system to respond quickly to changes. Which of the following is not a type of flexibility? a.Mix (production mix) b.Changeover (major design changes) c.Modification (minor design changes) d.None of the above 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 4 Answer Flexibility is the ability of a system to respond quickly to changes. Which of the following is not a type of flexibility? a.Mix (production mix) b.Changeover (major design changes) c.Modification (minor design changes) d.None of the above 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 5 Question Below are five logistics and transportation industry acronyms and their meanings; which is incorrect? A. FAK -- Freight-All-Kinds B. MRP -- Materials Requirements Planning C. POS -- Point-of-Sale D. VMI -- Value-Maximized Inventories E. STB -- Surface Transportation Board 15 points

CLM - Pittsburgh Roundtable 2004 College Challenge Second Round – Tie Break 5 Answer Below are five logistics and transportation industry acronyms and their meanings; which is incorrect? A. FAK -- Freight-All-Kinds B. MRP -- Materials Requirements Planning C. POS -- Point-of-Sale D. VMI -- Value-Maximized Inventories E. STB -- Surface Transportation Board 15 points