Logistics 1
Logistics 1
Logistics 1
18. Process management occurs from placing order of customers, checking the
status of products, make announcement for customer about availability of product,
packaging the product and delivery the product to customer refers to
a. Materials Handling
b. Procurement management
c. Warehousing location
d. Order processing
24. Which concept refers to the storage of the final product and movement to the
customer?
A. materials management
B. supply chain management
C. inbound logistics
D. physical distribution
3. What concept refers to “how well company resources are used to achieve
what a company promises it can do?”
A. Efficiency
B. Productivity
C. Reengineering
D. Effectiveness
4. are stores with large amounts of both floor space and product for sale
A. Mass merchandisers
B. Big-box retailers
C. Power retailers
D. Do-it-yourself (DIY) retailers
5. The four general types of economic utility are production, possession, time
and place
A. True
B. False
6. Logistics is only concerned with forward flows, that is, those directed towards
the points of consumption.
A. True
B. False
1. Which of the following industries should apply the theory of lean supply chain?
A. Gasoline in ustry
B. Technological products
C. Fashionable goods
D. Automobile industry
2. Which one of the following statements regarding the Economic Order Quantity
(EOQ) is true?
A. If an order quantity is smaller than the EOQ, the annual holding cost is higher than
the annual ordering cost.
B. The EOQ model assumes a variable lead time.
C. Quantity discounts are possible.
D. If an order quantity is smaller than the EOQ, the annual holding cost is lower
than the annual ordering cost.
If an item is ordered at its economic order quantity, the annual carrying cost should
be:
A. equal to the annual ordering cost.
B. slightly less than the annual ordering cost.
C. twice the annual purchase price.
D. the square root of the annual ordering cost.
3. The trade-off that exists between carrying and ordering costs is that they respond
in opposite ways to the number of orders or size of orders. That is, an increase in the
number of orders leads to..............order costs and............carrying costs.
A. higher; lower
B. higher; higher
C. lower; higher
D. lower; lower
The trade-off that exists between carrying and ordering costs is that they respond in
opposite ways to the number of orders or size of orders. That is, an decrease in the
number of orders leads to............order costs and.............carrying costs.
A. higher; lower
B. lower; lower
C. lower; higher
D. higher; higher
4. The purchase cost of a widget is $10, and the holding rate is 50% of purchase
cost; cost of processing an order is $25, annual demand is for 400 widgets, and
supply and usage patterns are stable. What is the economic order quantity (EOQ)?
A. 73.45
B. 63.24
C. 33.24
D. 87.62
6. All of the following are suggestions for dealing with dead stock
(inventory), except :
A. aggressive marketing
B. donate to charities
C. throw it away
D. All answers are correct
8. When demand and delivery lead time are known and constant, and demand is
nine per day, and purchase lead time is four days, the reorder point is:
A. 13
B. 8
C. 32
D. 36
9. Which of the following is the reason that companies hold a supply of inventory?
A. Companies would like to purchase in bulk to take advantage of
quantity discounts
B. Companies would like to increase inventory costs
C. Companies would like to increase production change
D. Companies would like to increase setup costs
10. There are some of the ways that inventory can be reduced in the supply chain
except from:
A. the use of premium transportation
B. smaller, more frequent orders
C. Supply-push
D. the elimination or consolidation of slower-moving products
11. Use this information below to calculate the optimal order quantity:
- Annual demand for backpacks is 45,000 units
- The cost to place an order is $250
- The per unit cost of the item is $30.00
- The annual holding rate is 27.5%
A. 1651 units
B. 834 units
C. 920 units
D. 711 units
12. "The wages of the person who takes orders by telephone" is considered
as...............
A. storage costs
B. obsolescence costs
C. shrinkage costs
D. order costs
13. Which organizational function is not a focus of the Supply Chain
Operations Reference (SCOR) model?
A. warehousing
B. logistics
C. procurement
D. operations
14. Which of the following is an example of a carrying cost for products purchased
from a supplier?
A. the cost of pilferage while in storage
B. the cost associated with processing the invoice
C. the cost of transmitting the order
D. the cost of clerical staff for preparing the purchase
Which of the following is an example of an ordering cost for products purchased from
a supplier?
A. The cost of clerical staff for preparing the purchase
B. The cost of pierogi while in storage
C. The cost associated with damaged products due to out of date
D. The cost of buying insurance
15. Which of the following are characteristics of an agile supply chain?
A. an organization's ability to respond to changes in demand with respect to
volume and variety.
B. eliminating all waste, including time, and to ensure a level schedule
C. an organization's ability to respond to o changes in demand with respect to
quantity and quality.
D. apply when customer demand is relatively stable and variety is low
16. Dead inventory refers to a product for which there is no sales during a period.
A. 12 month
B. 9 month
C. 3 month
D. 6 month
22. Which of the following method that the firm can apply to reduce inventory
through the supply chain?
A. Break orders with smaller quantities, and place frequently
B. Supply-push
C. The use of poor transportation
D. The firm does not deal with slower - moving products
23. Which of the following is FALSE?
A. The bullwhip effect refers to variability in demand orders among supply chain
members.
B. Supply chain disruptions (eg, terrorist attacks, natural disasters) have caused some
supply chains to reassess their emphasis on inventory reduction
C. The supply chain concept originated in the marketing literature.
D. The SCOR model identifies six key processes including plan, source, make,
deliver, return, and enable associated with supply chain management.
24. The purchase cost of a widget is $8, and the holding rate is 20% of purchase
cost; cost of processing an order is $30, annual demand is for 300 widgets, and
supply and usage patterns are stable. What is the economic order quantity (EOQ)
A. 106.06
B. 87.62
C. 63.24
D. 73.45
5. The higher the average cost of a stockout, the more likely a company is going
to want to hold safety stock.
A. True
B. False
2. Which of the following is not one of the common causes of warehousing fires?
A. cutting or welding too close to combustibles
B. heat source too close to combustibles
C. lightning strikes
D. electrical failure or malfunction
6. The theft usually takes place in the warehouse that shows poor...............................
a. warehousing safety
b. Warehousing productivity
c. warehousing cleanliness and sanitation
d. warehousing security
7. A major drawback to metal and plastic pallets is their .
A. weight
B. lifespan
C. incompatibility with existing forklifts
D. price
A. keep temperature
B. keep frozen
C. keep freezing
D. keep cold
9. A unit load involves .
A. loading an entire vehicle with shipments from three or fewer shippers
B. the usage of a pallet rack system of storage
C. convoy of rail cars carrying the same product
D. consolidation of several units into larger units to improve efficiency in handling
and to reduce shipping costs
10. What's kind of goods that should be stored in cold warehouse?
A. camping equipment
B. Technological devices
C. cement
D. flower
11. Which of the following statements regarding perishable products is true?
A. perishable products require normal packaging as they move from source to customer
B. these goods are not sensitive to time.
C. there is no special requirement for loading goods.
D. they require temperature storage
12. Which of the following is the principle which should be considered by the
firm when loading the fuel drums on the vessel?
A. The firm should place heavy items on fuel drums
B. The firm should place heavy items under fuel drums
C. The firm should use dunnage to fulfill all blank spaces and fix fuel drums in the
container
D. A & C are correct.
13. "Facilities may have walls and doors that can withstand several hours of intense
fire as well as have proper sprinkling systems as well as excellent ventilation". These
are design elements which should be considered when storing............................
A. Automobile
B. hazardous materials
C. Technological goods
D. FMCG products
A. Keep dry
B. Do not drop
C. Hand with care
D. This side up
A. Do not stack
B. Use no hooks
C. Maximum stack
D. Do not drop
29. Which of the following pairs of goods are incompatible when storing in the
warehouse?
A. fabric - clothes
B. mangosteen - mango
C. cotton - foam
D. cement - electronic devices
30. What's the meaning of the following label?
(NẾU HÌNH LÀ GẠCH CHÉO 2 THÙNG)
A. Minimum stack
B. Do not drop
C. Maximum stack
D. Do not stack
7. Throughput refers to
A. Storage capacity of a warehousing facility
B. Volume through a pipeline
C. Inventory turnover in a one- month period
D. Amount of product entering and leaving a facility in a given time period
3. Which of the given reasons is NOT a valid reason for packaging of food
items?
A. Security and portion control
B. Marketing and convenience
C. Protection and information transmission
D. Increase the weight of goods
6. What is dunnage?
A. Material is used to block and brace products inside carrier equipment
B. A slang term for a particular type of ocean liner
C. A type of packaging material that is placed inside of boxes
D. Additional transportation fees that are charged to small shippers
7. are required when a continuous flow of material/product operating
over a long period
A. Conveyors
B. Pallets
C. Forklifts
D. Containers
10. Which one of the following is NOT classified as a manual handling activity?
A. Throwing
B. Pushing
C. Carrying
D. Pulling
12. The major advantage of the unit load is that it enables mechanical devices to
be substituted for manual labor.
A. True
B. False
15. refers to the short distance movement that takes place within a
plant, distribution or warehouse.
A. Materials handling
B. Physical distribution
C. Materials management
D. Warehousing
2. Consignees are
A. receivers of freight
B. extremely large less-than-truckload carriers
C. shippers of freight
D. preferred suppliers
8. What container size is often used to rank water ports and measure containership
capacity?
A. 20 foot container
B. 48 foot container
C. 40 foot container
D. 10 foot container
9. Shipper’s associations
A. function in a manner similar to freight forwarders
B. are the same as a freight forwarder
C. specialize in truckload shipments
D. are used only for agricultural products
2. This is the type of warehouse that most businesses, especially small- and
medium-sized companies, choose to store their goods because they cannot afford to
have their own warehouse due to financial constraints.
A. Public warehouse
B. Private warehouse
C. Customs warehouse
D. Refrigerated warehouse
A. UPC
B. FTL
C. SKU
D. Both A and B
5. What of the following is NOT the advantage of rail freight ?
A. High degree of flexibility
B. Capable of hauling large loads
C. Capable of hauling large loads
D. Burn less fuel per ton-mile than trucks
8. MRO inventory refers to the equipment, tools and activities associated with
the daily operations of a business. It doesn't include materials, products and services
that are directly used in production, but rather the glue that holds everything
together. MRO stands for
A. Maintenance, repair, operating supplies
B. Maintenance, repair, optimization
C. Maintenance, renew, operating supplies
D. Maintenance, renew, optimization
ĐỀ THI KỲ TRƯỚC
8. The department often measures inventory in terms of its cost or value in dollars,
whereas tends to measure inventory in terms of units.
A. finance ; logistics
B. marketing ; logistics
C. finance; production
D. marketing ; production
9. Choose the WRONG answer. Tailored logistics is applied when
A. customer needs vary, and companies can tailor their logistics systems to serve their
customers better and more profitably
B. companies use one logistics approach to target all their customers as well as all their
partners
C. groups of customers with similar logistical needs and wants are provided with logistics
service appropriate to these needs and wants
D. companies want to use various logistics approaches to target various groups of their
customers
11. refers to being out of an item at the same time there is demand for it.
A. Stockout
B. Intensive distribution
C. Supplier indifference
D. Tailored logistics
12. Holding high levels of inventory result in inventory carrying costs and
stockout costs.
A. high - low
B. low - low
C. low – high
D. high - high
13. Each of the following is a shipping hazard that a package may be exposed
to except
A. rough handling
B. compression
C. retraction
D. vibration
14. Which of the given reasons, is NOT a valid reason for packaging of food items?
A. Increase the weight of goods
B. Protection and information transmission
C. Marketing and convenience
D. Security and portion control
15. Why warehouses are different with distribution centres?
A. Because warehouses are larger than distribution centres
B. Because warehouses are only for storage while distribution centres are for both
storage and distributing
C. Because warehouses can be distribution centres while distribution centres cannot be
warehouses
D. Because warehouses store product in a short period while distribution centres store
product in a long period
16. Many organizations hold safety stocks as part of their inventory. Which of the
following is a reason for holding safety stocks?
A. To improve stock accuracy levels
B. To improve stock holding levels
C. To cater for demand forecast errors
D. To cater for a large storage capacity
17. Which of the following is not exactly a goods handling equipment?
A. Rubber tyred gantry crane
B. Conveyors
C. Reach stacker
D. Industrial trucks
18. Logistics historically grew from the function of supplying troops in the field.
A. Military
B. Commerce
C. Airforce.
D. Distribution
19. refers to the removal of intermediaries between producer and consumer.
A. Disintermediation
B. Direct channels
C. Market demassification
D. Consolidation
20. What is considered to be the biggest drawback to public warehousing?
A. High fixed cost to user
B. Lack of safety regulation
C. Lack of locational flexibility
D. Lack of control by the user
21. ABC analysis of inventory
A. applies activity - based costing to managing inventory
B. is synonymous with vendor - managed inventory
C. is an alternative to the EOQ model
D. recognizes that inventories are not of equal value to a firm
22. Which of the following is a reverse logistics activity?
A. Delivering finished goods to your customer
B. Recycling products and components
C. Developing a collaborative relationship with your supplier
D. Managing the quality of products
23. refers to breaking a homogeneous supply into smaller lots.
A. allocating
B. accumulating
C. sorting out D. assorting
24. Which of the following statements is right about Fixed Order Quantity?
A. A hybrid inventory system in which the inventory analyst reviews the inventory
position at fixed time periods .
B. This system easily let the company facing the stock - out situations .
C. The two important parameters here are the order quality and the reorder point
D. An inventory management system in which replenishment stock is ordered when the
stock reaches a reorder point and the replenishment quantity is kept fixed irrespective
of external circumstances
25. Which of the following is WRONG about Intermodal transportation?
A. Intermodal transportation is the use of two or more modes, or carriers, to transport
goods (freight ) from shipper to consignee
B. Intermodal transportation concerns the movements of passengers or freight from an
origin to a destination relying on several modes of transportation
C. Intermodal transportation service makes use of a combination of different
transportation modes to smoothly transfer containers from one transportation mode to
another, ensuring cargo is delivered safely to its final destination .
D. Intermodal freight consists of products and raw materials that are transported in a
container by a variety of the same
26. Cathkidston is a store which mainly sells fashionable bags and clothes. This store
wants to calculate the ordering cost per year and the carrying cost per order for
their next business year based on the number of items that the store expects to sell.
They expect to sell 1200 items every month, their ordering cost per order is $80. The
average value of an item is $160. The carrying cost is 26% of the value of an item. If
Cathkidston calls for orders every week, how much will the ordering cost for a year
and the carrying cost for an order be? Note: 1 year has 52 weeks and assuming 1
month has 4 weeks.
A. Co = $4160 and Ch = $ 24, 960
B. Co = $ 3200 and Ch = $ 2080
C. Co = $ 4160 and Ch = $ 6240
D. Co = $ 3200 and Ch = $ 3565.7
Cách làm:
Co= $80
Cc= 26%x $160 = 41.6 $
Annual ordering cost: 80x52 = 4160$
1200 items/months => 1200/4 = 300 items/week
C(h)= (41.6 x 300) / 2 = 6240$
27. Intexshop specializes in selling computer hardware equipment. They purchase
their inputs with the price at $35 per item and they plan to sell 8,000 items every
year. The ordering cost is $22 per arder and their annual inventory carrying cost is
26% of the price of an item. What is the economic order quantity? How much is
their total inventory cost?
A. EOQ » 82 items and TC = $ 282, 519. 4
B. EOQ » 197 items and TC = $ 281 , 898 . 6
C. E0Q » 197 items and TC = $ 281, 789. 8
D. E0O » 82 items and TC = $ 283, 298. 4
Cách làm:
P = 35$
D = 8000 Co = $22
Cc = 26% x 35$ = 9.1 $
EOQ = căn 2xCoxD / Cc = căn 2x22x8000/9.1 = 197
TC = CoxD/Q + CcxQ/2 + PxD = 22x8000/197 + 9.1x197/2 + 35x8000 = 281,789.8
28. Nissan is a brand that has been absolutely famous for manufacturing and selling
forklifts to their retailers. In their report last year, they publish that they always
sold out 9,000 forklifts every 3 months. According to their data last year, every time
they place a new order, it always takes 7 days to receive the forklifts. Consequently,
Nissan has to save minimum 250 forklifts in their storage for serving unexpected
demands. Nissan wants to know the proper time for making a new order. Let's help
Nissan determine the reorder point. Assuming that a month has 30 days.
A. ROP = 63 , 250 forklifts
B. ROP = 950 forklifts
C. ROP = 2350 forklifts
D. ROP = 21 . 250 forklifts
Cách làm:
SS = 250
D = 9000/3
months L = 7
=> d = 9000/90 = 100 forklifts/day
R = dL + SS = 100x7 + 250 = 950 forklifts
29. Following the fixed transporting schedule of carriers is the common
characteristic of which transportation modes?
A. Sea freight, inland water transport, pipeline
B. Air freight , sea freight , rail freight
C. Road freight, inland water transport, air freight
D. Rail freight, inland pipeline, road freight
35. Every customer getting the same type and level of logistics service refers to
A. Humanitarian logistics
B. Tailored logistics
C. Mass logistics
D. Green logistics