The primary difference between pilferage and theft

BSOP 434 Final Exam – Version 1

  • Page 1

Question 1. 1. (TCO 10) ________ and ________ are the two basic organizational structures associated with logistics.
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.
Question 3. 3. (TCO 3) Rate structures deal with three factors. Which of the following is not one of them?
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):
Question 5. 5. (TCO 2) A function in organization that encompasses all activities associated with the flow and transformation of goods from the raw material stage through to the end user, as well as the associated information flows, is termed:
Question 6. 6. (TCO 2) Which of the following is not a key attribute of supply-chain management?
Question 7. 7. (TCO 1) Inventory held for a number of reasons, including projected price increases, seasonal demand, and potential stockouts, is referred to as:
Question 8. 8. (TCO 1) Vendor managed inventory (VMI) benefits include:
Question 9. 9. (TCO 8) International freight forwarders can provide a number of functions. Which is not one of them?
Question 10. 10. (TCO 8) What is used in areas where dock workers cannot read but need a method to keep documents and shipments together?
Question 11. 11. (TCO 7) Which of the following statements is false?
Question 12. 12. (TCO 7) The raw materials, component parts, and supplies bought from outside organizations to support a company’s operations define:
Question 13. 13. (TCO 4) Logisticians and supply chain managers have a particular interest in ____ taxes.

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  • Page 2

Question 1. 1. (TCO 4) A brownfield is:
Question 2. 2. (TCO 5) ____ regulates the packaging of international air shipments.
Question 3. 3. (TCO 5) ____ systems consider the reverse flow of products, their reuse, and the marketing and distribution of recovered products.
Question 4. 4. (TCO 6) The order cycle is:
Question 5. 5. (TCO 6) Order transmittal is:
Question 6. 6. (TCO 9) How do data and information differ?
Question 7. 7. (TCO 9) Which of the following is not considered a general software package?
Question 8. 8. (TCO 12) Surveys and analog techniques are examples of ____ forecasting.
Question 9. 9. (TCO 12) Which forecasting techniques tend to be appropriate when there is little or no historical data?
Question 10. 10. (TCO 11) A(n) ____ rate simplifies each of the three primary rate factors—product, weight, and distance.
Question 11. 11. (TCO 11) The shipment size that equates transportation charges for different weights and weight groups is the ____ concept.
Question 12. 12. (TCO 13) Throughput refers to:
Question 13. 13. (TCO 13) ____ refers to a process where a product is received in a facility, occasionally married with a product going to the same destination, and is then shipped at the earliest time, without going into longer-term storage.

  • Page 3

Question 1. 1. (TCO 4) What is a free trade zone?
Question 2. 2. (TCO 9) Discuss some of the challenges associated with computer security.
Question 3. 3. (TCO 9) Why are some companies hesitant to adopt RFID technology?
Question 4. 4. (TCO 12) Forecasting accuracy refers to the relationship between actual and forecasted demand, and accuracy can be affected by various considerations. What is one of the challenges with the analog technique?
Question 5. 5. (TCO 13) According to the text, what is contract warehousing?
Question 6. 6. (TCO 14) What areas and/or activities are typically planned to be included into Distribution Resource Planning (DRP)?
Question 7. 7. (TCO 3) How are carriers legally classified?
Question 8. 8. (TCO 6) What is order management?
Question 9. 9. (TCO 5) Compare and contrast the various handling characteristics associated with bulk cargoes.
Question 10. 10. (TCO 6) Examine the various methods of order transmittal and differentiate the relevant characteristics of each one.
Question 11. 11. (TCO 11) Compare and contrast the three primary factors for determining rates.

BSOP 434 Final Exam – Version 2
  • Page 1

Question 1. 1. (TCO 10) What is the primary difference between pilferage and theft?
Question 2. 2. (TCO 10) With ___________, cost objects consume activities, and activities consume resources.
Question 3. 3. (TCO 3) Rate structures deal with three factors. Which of the following is not one of them?
Question 4. 4. (TCO 3) Based on cost, speed, and capacity, which of the following modes is most suitable for high-value, low-volume products (may be perishable or otherwise require urgent delivery)?
Question 5. 5. (TCO 2) All of the following terms have been used to refer to business logistics except:
Question 6. 6. (TCO 2) The movement and storage of materials into a firm refers to:
Question 7. 7. (TCO 1) Stocks of goods and materials maintained for satisfaction of demand are known as:
Question 8. 8. (TCO 1) Reorder point (ROP) is defined as the:
Question 9. 9. (TCO 8) International freight forwarders can provide a number of functions. Which is not one of them?
Question 10. 10. (TCO 8) Taxes that governments place on the importation of certain items are known as:
Question 11. 11. (TCO 7) Which of the following statements is false?
Question 12. 12. (TCO 7) Procurement and ________ are viewed as synonymous terms.
Question 13. 13. (TCO 4) Logisticians and supply chain managers have a particular interest in ____ taxes.

  • Page 2

Question 1. 1. (TCO 4) The purpose of ____ zones is to encourage business development in economically depressed portions of a particular city.
Question 2. 2. (TCO 5) ____ refers to materials used for the containment, protection, handling, delivery, and presentation of goods.
Question 3. 3. (TCO 5) The basic unit in unit loading is:
Question 4. 4. (TCO 6) The order cycle is:
Question 5. 5. (TCO 6) In general, there are ____ possible ways to transmit orders.
Question 6. 6. (TCO 9) Spreadsheets represent what general type of information management system?
Question 7. 7. (TCO 9) ____ refer to a network of satellites that transmits signals that pinpoint the exact location of an object.
Question 8. 8. (TCO 12) Which of the following is not a basic type of demand forecasting model?
Question 9. 9. (TCO 12) Successful implementations of collaborative planning, forecasting, and replenishment have resulted in 20 to 30% improvements in forecasting accuracy as well as ____ to ____ % reduction in order cycle times.
Question 10. 10. (TCO 11) A(n) ____ rate simplifies each of the three primary rate factors—product, weight, and distance.
Question 11. 11. (TCO 11) The shipment size that equates transportation charges for different weights and weight groups is the ____ concept.
Question 12. 12. (TCO 13) Throughput refers to:
Question 13. 13. (TCO 13) ____ refers to a process where a product is received in a facility, occasionally married with a product going to the same destination, and is then shipped at the earliest time, without going into longer-term storage.

  • Page 3

1. (TCO 4) How can advances in technology and communication influence the facility location decision?
Question 2. 2. (TCO 9) Discuss the relationship between automatic identification technologies and point-of-sale systems.
Question 3. 3. (TCO 9) Discuss the drawbacks of EDI.
Question 4. 4. (TCO 12) Forecasting accuracy refers to the relationship between actual and forecasted demand, and accuracy can be affected by various considerations. What is one of the challenges with the analog technique?
Question 5. 5. (TCO 13) Distinguish between warehouses and distribution centers.
Question 6. 6. (TCO 14) Why is there a high risk associated with implementing Distribution Resource Planning (DRP)?
Question 7. 7. (TCO 3) How are carriers legally classified?
Question 8. 8. (TCO 6) What is pick-to-light technology?
Question 9. 9. (TCO 5) Examine the role of labeling in logistics management. Why is it needed, how is it used?
Question 10. 10. (TCO 6) Examine the order picking and assembly operations. Assess how and why they are needed.
Question 11. 11. (TCO 11) Compare and contrast the the trade-offs between price and service possible during rate and service negotiations.

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