Contemporary Logistics 12th Edition

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 1: AN OVERVIEW OF LOGISTICS 1-1. Did it surprise you that logistics has such an important economic impact? Why or why not? The answer to this question likely depends on the students prior exposure to logistics. A typical student in an undergraduate, introductory logistics course likely

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 10: WAREHOUSING MANAGEMENT 10-1. Why does warehousing exist in a supply chain? A key reason for warehousing is because patterns of production and consumption do not coincide and warehousing serves to match different rates or volumes of flow. Sometimes, larger quantities of goods are purchased than can

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 11: PACKAGING AND MATERIALS HANDLING 11-1. How do product characteristics influence packaging and materials handling considerations? One consideration is a products physical characteristics. Substances exist in three formssolid, liquid, gasand each form has specific packaging requirements. For instance, metal cylinders are one method for the packaging of gases,

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 12: TRANSPORTATION 12-1. Why is transportation important to a firms supply chain operations? Transportation influences, or is influenced by, many logistics activities such as the fact that transportation costs are directly affected by the location of plants, warehouses, vendors, retail locations, and customers. Inventory requirements are influenced

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 13: TRANSPORTATION MANAGEMENT 13-1. How has globalization impacted the transportation managers job? The text cites the Peoples Republic of China as an example of globalizations impact on the transportation managers job. In particular, in the late 1970s China had begun to emerge from the Cultural Revolution, a

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 14: INTERNATIONAL LOGISTICS 14-1. Discuss some of the key political restrictions on cross-border trade. Political restrictions on cross-border trade can take a variety of forms. Many nations ban certain types of shipments that might jeopardize their national security. Likewise, individual nations may band together to pressure another

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 2: LOGISTICS AND INFORMATION TECHNOLOGY 2-1. In what ways can information be helpful in logistics and supply chain management? There are a number of ways in which information can be helpful in logistics and supply-chain management. These include, but are not limited to, greater knowledge and visibility

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 3: STRATEGIC AND FINANCIAL LOGISTICS 3-1. Discuss the differences between corporate level, business unit level, and functional level strategies. Corporate-level strategy is focused on determining the goals for the company, the types of businesses in which the company should compete, and the way the company will be

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 4: ORGANIZATIONAL AND MANGERIAL ISSUES IN LOGISTICS 4-1. Discuss several issues that influence the organization of logistics activities within a firm. The organization of logistics activities within a firm depends on a number of factors, including the number and location of customers, as well as an organizations

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 5: THE SUPPLY CHAIN MANAGEMENT CONCEPT 5-1. Discuss the differences between a supply chain and supply chain management. A supply chain can be viewed as a combination of processes, functions, activities, relationships, and pathways along which products, services, information, and financial transactions move in and between enterprises

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 6: PROCUREMENT 6-1. What is procurement? What is its relevance to logistics? Procurement refers to the raw materials, component parts, and supplies bought from outside organizations to support a companys operations. It is closely related to logistics because acquired goods and services must be entered into the

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 7: DEMAND MANAGEMENT, ORDER MANAGEMENT, AND CUSTOMER SERVICE 7-1. What is the relationship between demand management, order management, and customer service? There is a key link between order management and demand forecasting in that a firm does not simply wait for orders to arrive in order to

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 8: INVENTORY MANAGEMENT 8-1. How might different organizational functions have different inventory management objectives? Marketing, for example, tends to want to ensure that sufficient inventory is available for customer demand to avoid potential stockout situationswhich translate into higher inventory levels. Alternatively, the finance group generally seeks to

PART II ANSWERS TO END-OF-CHAPTER QUESTIONS CHAPTER 9: FACILITY LOCATION 9-1. Explain how the location decision process involves several layers of screening or focus. The initial focus is on the region, the delineation of which can vary on whether a company has a multinational or domestic focus. The next focus is more precise; it

1 a. time. b. production. c. place. d. possession. 1 a. time. b. production. c. place. d. possession. 1 a. time. b. production. c. place. d. possession. TEST BANK CHAPTER 1: AN OVERVIEW OF LOGISTICS Multiple Choice Questions (correct answers

1 [LO 10.1: To discuss the role of warehousing in a logistics system; Moderate; Concept; AACSB Category 3: Analytical thinking] 1 [LO 10.1: To discuss the role of warehousing in a logistics system; Moderate; Concept; AACSB Category 3: Analytical thinking] 1 [LO 10.1: To discuss the role of warehousing in

1 a. lettuce b. watermelon c. broccoli d. tomatoes 1 a. lettuce b. watermelon c. broccoli d. tomatoes 1 a. lettuce b. watermelon c. broccoli d. tomatoes TEST BANK CHAPTER 11: PACKAGING AND MATERIALS HANDLING Multiple Choice Questions (correct answers are bolded) 1.

1 a. the allowable speed on a particular segment of track b. the thickness of rail track c. the length of rail track d. the distance between the inner sides of two parallel rail tracks 1 a. the allowable speed on a particular segment of track b. the thickness

1 a. product b. density c. weight d. distance 1 a. product b. density c. weight d. distance 1 a. product b. density c. weight d. distance TEST BANK CHAPTER 13: TRANSPORTATION MANAGEMENT Multiple Choice Questions (correct answers are bolded) 1.

1 a. expropriation b. confiscation c. import quota d. embargo 1 a. expropriation b. confiscation c. import quota d. embargo 1 a. expropriation b. confiscation c. import quota d. embargo TEST BANK CHAPTER 14: INTERNATIONAL LOGISTICS Multiple Choice Questions (correct answers

1 a. Enterprise resource planning (ERP) systems b. Transaction processing systems 1 a. Enterprise resource planning (ERP) systems b. Transaction processing systems 1 a. Enterprise resource planning (ERP) systems b. Transaction processing systems TEST BANK CHAPTER 2: LOGISTICS AND INFORMATION TECHNOLOGY Multiple Choice Questions (correct answers

1 a. functional b. business unit c. divisional d. corporate 1 a. functional b. business unit c. divisional d. corporate 1 a. functional b. business unit c. divisional d. corporate TEST BANK CHAPTER 3: STRATEGIC AND FINANCIAL LOGISTICS Multiple Choice Questions (correct answers are

1 a. hierarchical b. centralized c. matrix 1 a. hierarchical b. centralized c. matrix 1 a. hierarchical b. centralized c. matrix TEST BANK CHAPTER 4: ORGANIZATIONAL AND MANGERIAL ISSUES IN LOGISTICS Multiple Choice Questions (correct answers are bolded) 1. ___________ and ___________ are

1 a. logistics b. supply chain c. marketing channel d. interorganizational coordination 1 a. logistics b. supply chain c. marketing channel d. interorganizational coordination 1 a. logistics b. supply chain c. marketing channel d. interorganizational coordination TEST BANK CHAPTER 5: THE SUPPLY CHAIN MANAGEMENT CONCEPT

1 a. materials management b. supply management c. purchasing d. inbound logistics 1 a. materials management b. supply management c. purchasing d. inbound logistics 1 a. materials management b. supply management c. purchasing d. inbound logistics TEST BANK CHAPTER 6: PROCUREMENT

1 a. exponential smoothing b. cause and effect c. judgmental d. time series 1 a. exponential smoothing b. cause and effect c. judgmental d. time series 1 a. exponential smoothing b. cause and effect c. judgmental d. time series TEST BANK CHAPTER 7:

1 a. Base b. Speculative c. Pipeline d. Safety 1 a. Base b. Speculative c. Pipeline d. Safety 1 a. Base b. Speculative c. Pipeline d. Safety TEST BANK CHAPTER 8: INVENTORY MANAGEMENT Multiple Choice Questions (correct answers are bolded) 1. ___________

1 TEST BANK CHAPTER 9: FACILITY LOCATION Multiple Choice Questions (correct answers are bolded) 1. The initial focus in facility location is on a ___________. a. city b. county c. state or province d. region a. city b. county c. state or province d.