A corporation is projecting annual sales at S35 million, cost of goods sold (COGS) at S25 million, and administrative expenses at $3 million. In order to meet its corporate inventory turns goal of 5.0, their inventory level must average:
A firm offers their customers shorter order cycle times and increased product variety. Generally, this action would have which of the following impacts on total logistics costs?
A company has prioritized customers A. B, and C. filling orders in that sequence. What are the impacts to customer service levels for customers B and C?
In an effort to increase their customer service levels and reduce order cycle time, a company is considering adding two additional warehouses to their overall operations. As a result, which of the of the following statements best reflects the cost impact of the additional warehouses?
A company that utilizes barges as a major mode of transportation would typically navigate in:
Compared to a centralized distribution network strategy, an organization using a decentralized distribution network strategy can usually expect:
What facility location method has the advantage of analyzing both quantitative data and hard-to-evaluate criteria'?
A major retailer has informed a product manufacturer that they must take back all of their dunnage The manufacturer's major decision in implementing reverse logistics will most likely be to:
A logistics manager is developing a supply chain risk management plan incorporating contingency plans for alternatives to transportation failures. Which of the following factors best represents this approach?
Which of the following methods is used for facility location selection based on the location of markets, the volume of goods shipped, and shipping costs?
A trucking company purchased a tractor-trailer for $150,000 to support its short-haul business The tractor-trailer will be in service for 5 years before it will be sold at $55;000. With annual fuel costs estimated at $12,000; what is the annual depreciation for the vehicle?
Which of the following items undermines the attempts to simplify transportation pricing'?
Which of the following shipment modes is the most prone to packaging and product damage?
Which of the following modes of transportation is characterized as having the highest fixed cost and lowest variable cost?
A trucking company picks up a shipment and takes it to a terminal where it is consolidated with other shipments going to the same city This trucking company is most likely a:
A planning process specifically designed to balance demand and supply within an organization and arrive at a consensus forecast is known as:
Airfreight companies often use dimensional (dim) weight to cost out shipments because of which of the following attributes of the product?