An activity can be described as being necessary for the completion of the logist

Question

An activity can be described as being

necessary for the completion of the logistics task.

inputs, outputs, controls, mechanisms.

designed to increase productivity within the supply chain network.

a set of actions designed to initiate a task.

3 points   

QUESTION 37

The term used for inventory that shows as being in inventory but cannot be physically located is called

lost inventory

phantom inventory

stolen inventory

pilfered inventory

3 points   

QUESTION 38

The capability that results from a set of interconnected systems and processes that facilitates the decision making process is known as

planning integration

internal integration

functional awareness

information exchange integration

3 points   

QUESTION 39

When working on integrating data and IT, the process of prioritizing customer needs across functional teams is known as

information exchange integration

functional awareness

internal integration

planning integration

necessary for the completion of the logistics task.

inputs, outputs, controls, mechanisms.

designed to increase productivity within the supply chain network.

a set of actions designed to initiate a task.

Explanation / Answer

1.Set of actions initiated to complete a task,and an activity is described as being necessary for completion of a logistic task.activity contains set of actions or events.Activities all together represents a complete task.Activity is the combination of all action to be taken for completion of task.

37.Inventory control is must to provide the recieved order to be delivered in the given time shedule.Inventory control should be managed economically to achieve the targeted profits.Phantom inventory is the one type of inventory which cant be located physically.

38.Desicion making is the key to success and more information is needed to take a right decision among so many wrong and faulty decisions.Information exchange integration facilitates the decision making process

39.When it comes time to provide help for customer needs the technical teams should work together to make it possible.Internal integration provides the top priority for customer needs across functional teams.

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