Question

Which of the following is not a factor that is increasing the need to better manage the supply chain?

Select one:

A. Optimization of their own value by most segments in the supply chain

B. Global competition and outsourcing

C. E-commerce and telecommunications

D. Outsourcing and shorter life cycles

Logistics consist(s) of the following, EXCEPT:

Select one:

A. Compensation and incentives

B. Storage and warehousing

C. Transportation and information processing

D. Inventories and distribution

Which of the following is true about the bullwhip effect?

Select one:

A. Variability in demand increases from the factory stage downstream to the customer stage

B. This cycle is prevalent in just about every industry

C. Lead times between the stages of the supply chain tend to be very short

D. Information lags stemming from large lot sizes with infrequent orders may be a cause

What is the least expensive transportation mode?

Select one:

A. Air

B. Trucking

C. Railroads

D. Water

Answer 1

Which of the following is not a factor that is increasing the need to better manage the supply chain?

A. Optimization of their own value by most segments in the supply chain

Global competition and outsourcing, e-commerce and telecommunications and outsourcing and shorter life cycles are are needs to better manager the supply chain.

Logistics consist(s) of the following, EXCEPT

A. Compensation and incentives

Compensation and incentives is a part of the compensation and benefits plan of an organization and not a part of logistics.

Which of the following is true about the bullwhip effect?

A. Variability in demand increases from the factory stage downstream to the customer stage

The bullwhip effect refers to the increasing fluctuations in inventory in response to shifts in customer demand as we move ahead in supply chain.

What is the least expensive transportation mode?

D. Water

Water is the least expensive but the slowest transportation mode.