DeVry BSOP434 Final Exam

| August 14, 2017

Question
1. 1.(TCO 10) The most recent
development in the supervision of trucks and their drivers involves: (Points : 5)

cooperation
among various law enforcement agencies.

tachographs.

digital
cameras positioned at various locations along interstate and primary
highways.

global
satellites.

Question
2. 2.(TCO 10) One problem with a
_____ logistics structure is that, because logistics activities are
scattered throughout the firm, they likely remain subservient to the
objectives of the department in which they are housed. (Points : 5)

matrix

fragmented

decentralized

unified

hierarchical

Question
3. 3.(TCO 3) Transportation
attributes include which of the following factors? (Points : 5)

Reliability

Capability

Flexibility

Speed

All
of the above

Question
4. 4.(TCO 3) A transportation
manager who purchases a pre specified level of transportation services,
regardless of the mode and/or carrier providing the transportation
services, is known as a(n): (Points : 5)

amodal
shipper.

logistics
manager.

modal
shipper.

transportation
manager.

None
of the above

Question
5. 5.(TCO 2) All of the
following terms have been used to refer to business logistics except: (Points : 5)

business
logistics.

industrial
distribution.

logistics
management.

All
of the above are correct.

Question
6. 6.(TCO 2) Which of the
following is not a key attribute of supply-chain management? (Points : 5)

Inventory
control

Leveraging
technology

Customer
power

All
are key attributes.

Question
7. 7.(TCO 1) The EOQ determines: (Points : 5)

the
point at which a company should reorder.

the
point at which carrying costs equal ordering costs.

the
point at which the sum of carrying costs and ordering costs is maximized.

the
relevant inventory flow for a particular time period.

Question
8. 8.(TCO 1) Which of the
following is part of the inventory classification? (Points : 5)

Cycle
stock

Speculative
stock

Pipeline
stock

All
of the above

Question
9. 9.(TCO 8) Incoterms refer to: (Points : 5)

a
specific method of payment for international shipments.

the
standardization of international trade terminology.

the
standardized procedures for handling international shipments.

the
terms of sale for international shipments.

Question
10. 10.(TCO 8) Which of the
following is a political restriction on international trade? (Points : 5)

Nontariff
barriers

Barring
certain types of shipments

Tariffs

All
of the above

Question
11. 11.(TCO 7) The _____
recognizes U.S. organizations for their achievements in quality and
performance.
(Points : 5)

Six
Sigma

ISO
9000

U.S.
Department of Commerce Commendation of Quality

Malcolm
Baldrige National Quality Award

Question
12. 12.(TCO 7) Procurement and _____
are viewed as synonymous terms. (Points : 5)

purchasing

inbound
logistics

supply
management

materials
management

Question
13. 13.(TCO 4) Logisticians and
supply chain managers have a particular interest in _____ taxes. (Points : 5)

real
estate

corporate
income

inventory

severance

1. (TCO 4) The purpose of _____ zones is to encourage
business development in economically depressed portions of a particular city.
(Points : 5)
commercial
free trade
privatization
empowerment

Question 2. 2. (TCO 5) What is a placard? (Points : 5)
A device used
to monitor engine speed
A distinct sign
that identifies hazardous material
A protective
wrap for shipments that might freeze while in transit
A type of manually operated materials
handling equipment

Question 3. 3. (TCO 5) The basic unit in unit loading is:
(Points : 5)
a box.
a crate.
a pallet.
a container.

Question 4. 4. (TCO 6) The order cycle is: (Points : 5)
the time it
takes for a check to clear.
the time it
takes from when a customer places an order until the selling firm receives the
order.
also called the
replenishment cycle.
also called the
vendor cycle.

Question 5. 5. (TCO 6) Order transmittal is: (Points : 5)
the same thing
as an order cycle.
the series of
events that occur between the time a customer places an order and the time the
seller receives the order.
the series of
events that occur between the time the customer perceives the need for
something and the time the seller receives the order.
the series of
events between the time a customer places an order and the time the order cycle
begins.

Question 6. 6. (TCO 9) Spreadsheets represent what general
type of information management system? (Points : 5)
A communication
system
A transaction
processing system
A decision
support system
An office
automation system

Question 7. 7. (TCO 9) The most relevant general software
package for logisticians is(are): (Points : 5)
word
processing.
e-mail.
presentation
packages.
spreadsheets.

Question 8. 8. (TCO 12) Which of the following is not a
basic type of demand forecasting model? (Points : 5)
Exponential
smoothing
Cause and
effect
Judgmental
Time series

Question 9. 9. (TCO 12) Which of the following is true?
(Points : 5)
Computer
software for demand forecasting dates back about 25 years.
One challenge
to collaborative planning, forecasting, and replenishment is getting supply
chain partners to share data.
The Excel
software package tends to generate forecasts that generate very little error.
SAP is the most
widely used software package for demand forecasting.

Question 10. 10. (TCO 11) _____ refers to how easy a
commodity is to pack into a load. (Points : 5)
Ease of
handling
Recoupering
Stowability
Drayage

Question 11. 11. (TCO 11) The most important single
transportation document is the: (Points : 5)
bill of lading.
freight bill.
commercial
invoice.
certificate of
origin.

Question 12. 12. (TCO 13) Distribution centers emphasize
_____ and their primary purpose is to maximize_____. (Points : 5)
product
storage; throughput
product
storage; usage of available storage space
rapid movement
of product; throughput
rapid movement
of product; usage of available storage space

Question 13. 13. (TCO 13) Which of the following is not a
characteristic of public warehousing? (Points : 5)
It requires no
capital investment from user.
The user
receives a regular bill for space used.
It’s good for companies
dealing with large volumes of inventory.
There is a lack
of control by the user.

Page 3

Question 1. 1. (TCO 4) Discuss the advantages of grid
systems, such as the center-of-gravity and the weighted center-of-gravity
approaches. (Points : 10)

Question 2. 2. (TCO 9) Name the six general types of
information systems and give one logistics application for each one that you
name. (Points : 10)

Question 3. 3. (TCO 9) Why are some companies hesitant to
adopt RFID technology? (Points : 10)

Question 4. 4. (TCO 12) Briefly discuss cause and effect
demand forecasting. (Points : 10)

Question 5. 5. (TCO 13) According to the text, what is
contract warehousing? (Points : 10)

Question 6. 6. (TCO 14) Why is there a high risk associated
with implementing Distribution Resource Planning (DRP)? (Points : 10)

Question 7. 7. (TCO 3) How are carriers legally classified?
(Points : 10)

Question 8. 8. (TCO 6) What is pick-to-light technology?
(Points : 10)

Question 9. 9. (TCO 5) Compare and contrast the various
handling characteristics associated with bulk cargoes. (Points : 30)

Question 10. 10. (TCO 6) Examine the order picking and
assembly operations. Assess how and why they are needed. (Points : 30)

Question 11. 11. (TCO 11) Compare and contrast the three
primary factors for determining rates. (Points : 30)

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