Final Round - Question 7 Which of the following represents an activity that may be completed in a distribution center of the future? A Filling customer need for product assortment from inventory B. Placing orders to replenish depleted stock in the Distribution Center C. Merging multiple parts of a single customer order from different suppliers. D. Managing safety stock levels of “A” products to meet customer demand 10 points

Final Round - Answer 7 Which of the following represents an activity that may be completed in a distribution center of the future? A Filling customer need for product assortment from inventory B. Placing orders to replenish depleted stock in the Distribution Center C. Merging multiple parts of a single customer order from different suppliers. D. Managing safety stock levels of “A” products to meet customer demand 10 points

Final Round - Question 8 Rather than placing inventories of highly seasonal items year-round in warehouse facilities, many companies decide to use. A. Spot stocking B. Larger assortments C. Smaller assortments D. Third-party consignment specialists 10 points

Final Round - Answer 8 Rather than placing inventories of highly seasonal items year-round in warehouse facilities, many companies decide to use. A. Spot stocking B. Larger assortments C. Smaller assortments D. Third-party consignment specialists 10 points

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

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

7. Which type of utility does warehousing create in goods? a.Time b.Place c.Form d.Ownership

8. Materials handling is a term applied to: a.Order processing b.Warehouse space utilization c.The use of automatic equipment d.Movement into, out of, and within storage facilities

9. How do carrying costs and order costs vary in the simple EOQ model? a.according to the time of the year and seasonality of demand b.directly c.inversely d.not at all

10. What is the effect on inventory carrying costs if order size is increased and frequency of orders decreased? a.costs increase b.costs decrease c.costs remain the same d.the effect cannot be determined

11.The centralization ‑ decentralization issue, in its most basic form, asks which question? a.Who shall own the warehouse? b.How large should the warehouse be? c.What will be stored in the warehouse? d.How many warehouse shall there be?

Generally, at higher volumes of throughput, a firm should utilize: A public warehouse A federal warehouse A local warehouse A private warehouse

Generally, at higher volumes of throughput, a firm should utilize: A private warehouse

What is the relationship between the movement and storage elements of the logistics system? Negative and indirect Negative and direct Positive and indirect Positive and direct

What is the relationship between the movement and storage elements of the logistics system? Positive and direct