clm - pittsburgh roundtable 1999 college challenge round 2 - question 1 the distance factor...

CLM - Pittsburgh Roundtable1999 College Challenge

Round 2 - Question 1

The distance factor involving the location of

nodes, or fixed points in the logistics system

is referred to as:

a. spatial relationship

b.temporal intensity

c. density

d.ruler variance

The distance factor involving the location of

nodes, or fixed points in the logistics system

is referred to as:

a.spatial relationship

b.temporal intensity

c. density

d.ruler variance

Selection of air freight transportation, over a motor

carrier, even if the choice increases transportation

costs, might be justified if:a. the reputation of the company is improved through the

use of higher priced transportation

b. the customer receives the order before the ordered

delivery date

c. total logistics costs are lowered

d. transit time is not a factor

Selection of air freight transportation, over a motor

carrier, even if the choice increases transportation

costs, might be justified if:a. the reputation of the company is improved through the

use of higher priced transportation

b. the customer receives the order before the ordered

delivery date

c. total logistics costs are lowered

d. transit time is not a factor

What medium is used to move coal in slurry

lines?

a. compressed air

c. water

d.vacuum

e. none of the above

What medium is used to move coal in slurry

lines?

a. compressed air

c. water

d.vacuum

Determining where to locate a plant or warehouse

involves consideration of all of the following factors:

a. community services

b. level of local union activity

c. zoning laws

d. location of existing and potential customers

e. all of the above

Determining where to locate a plant or warehouse

involves consideration of all of the following factors:

a. community services

b. level of local union activity

c. zoning laws

d. location of existing and potential customers

e. all of the above

As of May of 1999, ocean transport is being

deregulated. This will allow:a. carriers to price their offerings without the need to publish

b. confidential “all trade” service contracts between carriers and shippers

c. a. and b. above

d. none of the above

As of May of 1999, ocean transport is being

deregulated. This will allow:a. carriers to price their offerings without the need to publish

b. confidential “all trade” service contracts between carriers

and shippers

c. a. and b. above

d. none of the above

If demand increases by 10% and the value of each

unit increases by 10%, what will happen to the

EOQ? (Assume that everything else remains the

same). a.the EOQ will increase by 10%

b. the EOQ will increase by 20%

c. the EOQ will decrease by 10%

d. the EOQ will decrease by 20%

e. the EOQ will remain the same

If demand increases by 10% and the value of each

unit increases by 10%, what will happen to the

EOQ? (Assume that everything else remains the

same). a.the EOQ will increase by 10%

b. the EOQ will increase by 20%

c. the EOQ will decrease by 10%

d. the EOQ will decrease by 20%

e. the EOQ will remain the same

Which of the following strategies are mass

merchant retailers generally pursuing:a. more “FOB Delivered” terms

b. more “FOB Origin” Terms

c. putting less emphasis on terms and more

emphasis on first time cost

d. making freight cost the supplier’s problem

Which of the following strategies are mass

merchant retailers generally pursuing:a. more “FOB Delivered” terms

b. more “FOB Origin” Terms

c. putting less emphasis on terms and more

emphasis on first time cost

d. making freight cost the supplier’s problem

As the number of warehouses used by a company

increases: a. transport costs will decrease; inventory cost and cost of lost sales will

increase

b. transport costs and cost of lost sales will increase; inventory costs will decrease

c. transport costs and inventory cost will decrease; cost of lost sales will

increase

d. transport costs and cost of lost sales will decrease; inventory costs will increase

As the number of warehouses used by a company

increases: a. transport costs will decrease; inventory cost and cost of lost sales will

increase

b. transport costs and cost of lost sales will increase; inventory costs will decrease

c. transport costs and inventory cost will decrease; cost of lost sales will

increase

d. transport costs and cost of lost sales will decrease; inventory costs will increase

Which type of warehouse is used when a

company wishes to store goods that will be

used as collateral?

a. bonded

b.financial

c. field

d.private

Which type of warehouse is used when a

company wishes to store goods that will be

used as collateral?

a. bonded

b.financial

c. field

d.private

Giving or sending a purchase order to a

supplier:a. results in a contract when the acknowledgment

copy is returned by the supplier to the purchaser

b. results in a contract only when the supplier ships the

material

c. creates a contract

d. must be done in at least two copies to be legal

Giving or sending a purchase order to a

supplier:a. results in a contract when the acknowledgment

copy is returned by the supplier to the purchaser

b. results in a contract only when the supplier ships the

material

c. creates a contract

d. must be done in at least two copies to be legal

clm - pittsburgh roundtable 1999 college challenge round 2 - question 1 the distance factor...

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