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Logistics and Supply Chain Management

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Supply Chain in a business aim to the following contributions:

a)

Achieve maximum customer service level

b)

Ensure high product quality

c)

Achieve minimum (possible) cost

d)

Be flexible in the constant market changes

e)

All of the above

2.

The following are the 4 key players on the Physical Distribution Channel except for

a)

Suppliers - Vendors

b)

Manufacturers

c)

Custom

d)

Wholesalers

e)

Customers

3.

Part of the order processing includes the following except for

a)

Checking inventory status

b)

Customer credit

c)

invoicing

d)

accounts receivable

e)

Checking the loading date

4.

Logistics needs to be linked to the following except for

a)

Marketing

b)

Manufacturing

c)

Forecasting

d)

Customer servicing

e)

Planning

5.

By carefully analyzing material flows, the materials management can save the organization significant amount of _______________.

a)

money

b)

time

c)

energy

d)

manpower

e)

None of the Above

6.

________________ is valuable both as a form of advertising and for protection and storage from a logistical perspective.

a)

purchasing

b)

public relations

c)

packaging

d)

liaising

e)

None of these

7.

_________ supports time and place utility by allowing an item to be produced and held for later consumption. It can be held near the location where it will be needed, or transported later.

a)

transporting

b)

purchasing

c)

packaging

d)

warehousing

e)

None of these

8.

it adds a semi-permanent storey of storage within a warehouse

a)

pallet

b)

mezzanine

c)

vertical lift modules

d)

horizontal carousels

e)

None of these

9.

is a decision of a company about "make or buy" goods or services.

a)

outsourcing

b)

packaging

c)

purchasing

d)

warehousing

e)

None of these

10.

describes businesses that provide one or many of a variety of logistics-related services.

(a)  

11.

also known as a non vessel operating common carrier (NVOCC).

a)

Freight Forwarders

b)

Inventory Management

c)

Facility Location

d)

Information Processing

e)

None of these

12.

the seller gives the goods, cleared for export, to the buyer's carrier at a specified place.

a)

Free Carrier (FCA)

b)

Carriage Paid To (CPT)

c)

Cost and Insurance Paid (CIP)

d)

Delivered at Terminal (DAT)

e)

None of these

13.

the seller pays for transport to a specified terminal at the agreed destination.

a)

Delivered at Terminal

b)

Cost and Insurance Paid

c)

Carriage Paid To

d)

Free Carrier

e)

None of these

14.

The seller is responsible for delivering the goods to the named destination in the buyer's country, including all costs involved.

a)

Delivered at Place (DAP)

b)

Delivered Duty Paid (DDP)

c)

Free Alongside Ship (FAS)

d)

Free on Board (FOB)

e)

Cost and Freight

15.

The seller must pay the costs of bringing the goods to the specified port.

a)

Cost Insurance Freight

b)

Free on Board

c)

Cost and Insurance Paid

d)

Free Carrier