PC 3.1 Day 3 Logistics Warm Up

PC 3.1 Day 3 Logistics Warm Up

Assessment

Flashcard

Mathematics

11th - 12th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

What is logistics in the context of supply chain management?

Back

Logistics refers to the planning, implementation, and control of the efficient movement and storage of goods, services, and related information from the point of origin to the point of consumption.

2.

FLASHCARD QUESTION

Front

Define the term 'supply chain'.

Back

A supply chain is a network of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer.

3.

FLASHCARD QUESTION

Front

What are the key components of logistics?

Back

The key components of logistics include transportation, warehousing, inventory management, order fulfillment, and supply chain management.

4.

FLASHCARD QUESTION

Front

Explain the concept of inventory management.

Back

Inventory management is the process of ordering, storing, and using a company's inventory, including raw materials, components, and finished products.

5.

FLASHCARD QUESTION

Front

What is the role of transportation in logistics?

Back

Transportation is the movement of goods from one location to another and is a critical component of logistics, affecting delivery speed, cost, and customer satisfaction.

6.

FLASHCARD QUESTION

Front

Define 'order fulfillment'.

Back

Order fulfillment is the complete process from point of sales inquiry to the delivery of a product to the customer.

7.

FLASHCARD QUESTION

Front

What is the importance of warehousing in logistics?

Back

Warehousing is important in logistics as it provides storage for goods, helps manage inventory levels, and facilitates the distribution process.

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