1) All of the following statements are true about integrated service providers (ISP's) EXCEPT
3rd-party providers own and operate transportation equipment and warehouses
4th-party providers own and operate transportation equipment and warehouses
4th-party providers specialize in providing comprehensive information services
4th-party providers often integrate 3rd-party firms on behalf of their customers.
2) According to the textbook, it is estimated that the cost of logistics on a global basis exceeds
$9 million a year
$9 billion a year
$9 trillion a year
$90 trillion a year
3) logistics can be viewed as
An independent entity
A subset of and occurs within the broader framework of a supply chain
An inventory movement and positioning technique limited only to military operations
Being comprised only of transportation solutions.
4) supply chain channel integration before the 1990's could be best characterized as
A dog-eat-dog competitive environment
Total collaboration between channel members (e.g. suppliers, wholesalers, retailers, etc.)
A period of optimal high-quality information available to all
Benefiting only the wholesaler channel members
5) what is the estimate of global demand that IS NOT fully satisfied by local supply?
90 per cent
9 per cent
900 per cent
All demand has been satisfied
6) All of the following statements are benefits associated with a "Pull" business model EXCEPT
Reduction overall inventory
Eliminate costly duplicate practices
Customize products on smaller orders
Enable long production runs of the same product
7) Managers that need software tools to assist them in identifying, evaluating, and comparing strategic and tactical alternatives should explore which of the following levels of functionality?
Transaction System
Management Control
Decision Analysis
Strategic Planning
8) Measuring productivity within a supply chain information system (SCIS) is found in which of the following levels of functionality?
Transaction System
Management Control
Decision Analysis
Strategic Planning
9) Supply chain operations that focus on day-to-day matters would be found in which of the following levels of functionality?
Transaction System
Management Control
Decision Analysis
Strategic Planning
10) With respect to supply chain management, the term "outsourcing" can be best described as
Obtaining components from a foreign supplier
Contracting transportation and warehouse functions out to another company(s)
Obtaining finished goods from a foreign supplier
Contracting accounting and advertising services to another company(s)