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PDF Download FREE AND STUDY GAMES ABOUT LOGISTICS 7&8 EXAM
QUESTIONS
Actual Qs and Ans Expert-Verified Explanation
This Exam contains:
-Guarantee passing score -56 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation Question 1: Which of the following is included in the cost of carrying inventory?
Answer:
Heating and lighting a warehouse Question 2: the jones company learned that several other shippers located in its hometown had customers located in the same markets it serves. with this information Jones could find it advantage to investigate the potential of?
Answer:
pooled delivery consolidation Question 3: As a general rule the greater the density the lower the freight rate. T/F
Answer:
True Question 4: A joint rate is applicable when two or more carriers participate in a specific transportation movement. T/F
Answer:
True
Question 5: When calculating Recorder Point (ROP) which of the following factors WOULD NOT affect the calculation?
Answer:
items EOQ Question 6: Pipeline has the highest dependability and frequency among alternative modes. T/F
Answer:
False Question 7: Trucking has superior operating characteristics in all categories except availability.T/F
Answer:
True Question 8: which of the following is a product characteristic that directly influences transportation cost?
Answer:
all of the above
Question 9: the main advantage of air transportation is safety. T/F
Answer:
False
Question 10: with respect to transportation regulation today ?
Answer:
more social/safety than ever Question 11: The transportation mode having the fastest point to point transit time is truck. T/F
Answer:
True
Question 12: Railroad mileage has declined over the past several decades. T/F
Answer:
False
Question 13: the document that lists and details the contents and conditions of a shipment is called?
Answer:
bill of lading
Question 14: How many units should RFC order each time?
Answer:
20
Question 15: water transport has the highest fixed cost. T/F
Answer:
False Question 16: under the transportation regulation the government established rates. t/f
Answer:
True Question 17: the legislation that determines how many hours a locomotive operator can work is called Hours Of Service (HOS). T/F
Answer:
False Question 18: Air transportation is characterized by low fixed and high variable cost. T/F
Answer:
True
Question 19: since 1995 the use of intermodal transportation has?
Answer:
increased significantly Question 20: The main disadvantage of pipelines is that they can only transport liquids.
Answer:
False
Question 21: If average lead time went up from 10 to 15 days , what will happen to EOQ?
Answer:
No change in EOQ
Question 22: RAJ company and lee company... which of the following is true?
Answer:
IDK RAJ
Question 23: Jones Company recently has calculated that the EOQ for a particular item is 1,000 units. However, Jones does not have enough capital to order that many units each time, so it
only orders 250 units at a time. This will result in: ?
Answer:
lower annual inventory carry cost than ordering the EOQ quantity.Question 24: a company recently lowered its service performance from 99% product availability to 97% product availability . The change saved the company exactly $1million per year in inventory carrying cost. wants to lowest to 95% further change is likely to save ?
Answer:
capital Question 25: The hazardous Materials Transportation Uniform Safety Act of 1990 was a form of?
Answer:
transportation regulation.Question 26: if you want the consignee to be responsible for goods while they are intransit you should ship products?
Answer:
FOB destination Question 27: Jones Company decided it would only deliver to each geographic market it serves once each week. This strategy is called?
Answer:
schedule delivery consolidation
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