Managing Supply Chain Study Set 1

Business

Quiz 11 :
Logistics

Quiz 11 :
Logistics

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Which of the following is not part of the logistics function?
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C

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More economically advanced countries spend ________ as a percentage of GDP on logistics than less economically advanced countries.
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Answer:

B

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Logistics provides which of the following utilities?
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Answer:

E

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In which of the following areas does logistics not contribute a direct competitive advantage?
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Logistics is concerned with only the transportation of goods across the supply chain.
True False
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Logistics cost as a percentage of GDP is higher for the United States as compared to China.
True False
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More economically advanced countries spend less as a percentage of GDP on logistics than less economically advanced countries.
True False
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A higher logistics cost as a percentage of GDP for a country makes that country more competitive globally.
True False
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Logistics deals with planning,implementing and controlling the flow and storage of goods,services and related information.
True False
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Logistics provides place and form utility.
True False
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The transportation and storage of goods and materials is called ________.
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Logistics cost as a percentage of GDP for the United States is approximately ________.
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The total cost to get the product to the consumer is known as ________.
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The ability of companies to deliver their product or services to a market affordably is known as ________.
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Logistics provides ________ and ________ utility.
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More economically advanced countries spend ________ as a percentage of GDP on logistics than less economically advanced countries.
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Discuss the Last Mile Supply Chain Problem faced by e-commerce companies like Amazon.
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Discuss some of the coming changes in Logistics.
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Trading speed of delivery with saving fuel is known as a
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Trading the cost of improving service with service levels is known as a
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