Logistic 1

1. What is logistics management?

• a) Managing computer systems in an organization

• b) Planning and controlling the efficient flow of goods, services, and information

• c) Supervising the human resources department

• d) Handling financial transactions in a company

2. Which of the following is NOT a component of logistics management?

• a) Inventory management

• b) Marketing strategy

• c) Transportation

• d) Warehousing and distribution

3. What does logistics management aim to achieve?

• a) Maximizing costs

• b) Increasing stockouts

• c) Reducing efficiency

• d) Improving the flow of goods and services

4. Which transportation mode is commonly used for long-distance shipments across international borders?
a) Trucks
b) Ships
c) Trains
d) Vans

• a) Trucks

• b) Ships

• c) Trains

• d) Vans

5. What is the purpose of inventory management in logistics?

• a) To increase Increase inventory levels

  holding costs

• b) To minimize stockouts

• c) To reduce lead times

• d) To maximize inventory levels

6. What is the process of storing, sorting, and delivering products to the right locations at the right time?

• a) Inventory management

• b) Order fulfillment

• c) Freight forwarding

• d) Supply chain optimization

7. What term refers to the coordination of the movement of goods across different transportation modes and international borders?

• a) Freight forwarding

• b) Supply chain optimization

• c) Warehousing and distribution

• d) Inventory management

8. What is the key to effective logistics management?

• a) Poor communication

• b) Reactive decision-making

• c) Real-time information exchange

• d) Excessive inventory levels

9. How does efficient logistics management impact customer satisfaction?

• a) By increasing transportation costs

• b) By causing delays in order fulfillment

• c) By providing timely and accurate deliveries

• d) By reducing the variety of products offered

10. What does supply chain optimization involve in logistics management?

• a) Minimizing costs and increasing inefficiencies

• b) Increasing lead times and reducing customer satisfaction

• c) Continuously analyzing and improving supply chain processes

• d) Eliminating all transportation modes except trucks