choose the right answer 1)All of the following statements are true about integra
ID: 411018 • Letter: C
Question
choose the right answer
1)All of the following statements are true about integrated service providers (ISP's) EXCEPT
3rd-party providers own and operate transportation equipment and warehouses
4th-party providers own and operate transportation equipment and warehouses
4th-party providers specialize in providing comprehensive information services
4th-party providers often integrate 3rd-party firms on behalf of their customers.
2)According to the textbook, it is estimated that the cost of logistics on a global basis exceeds
$9 million a year
$9 billion a year
$9 trillion a year
$90 trillion a year
3)logistics can be viewed as
An independent entity
A subset of and occurs within the broader framework of a supply chain
An inventory movement and positioning technique limited only to military operations
Being comprised only of transportation solutions.
4)supply chain channel integration before the 1990's could be best characterized as
A dog-eat-dog competitive environment
Total collaboration between channel members (e.g. suppliers, wholesalers, retailers, etc.)
A period of optimal high-quality information available to all
Benefiting only the wholesaler channel members
5)what is the estimate of global demand that IS NOT fully satisfied by local supply?
90 per cent
9 per cent
900 per cent
All demand has been satisfied
6)All of the following statements are benefits associated with a "Pull" business model EXCEPT
Reduction overall inventory
Eliminate costly duplicate practices
Customize products on smaller orders
Enable long production runs of the same product
7)Managers that need software tools to assist them in identifying, evaluating, and comparing strategic and tactical alternatives should explore which of the following levels of functionality?
Transaction System
Management Control
Decision Analysis
Strategic Planning
8)Measuring productivity within a supply chain information system (SCIS) is found in which of the following levels of functionality?
Transaction System
Management Control
Decision Analysis
Strategic Planning
9)Supply chain operations that focus on day-to-day matters would be found in which of the following levels of functionality?
Transaction System
Management Control
Decision Analysis
Strategic Planning
10)With respect to supply chain management, the term "outsourcing" can be best described as
Obtaining components from a foreign supplier
Contracting transportation and warehouse functions out to another company(s)
Obtaining finished goods from a foreign supplier
Contracting accounting and advertising services to another company(s)
Explanation / Answer
1) b. 4th party providers own and operate transportation equipment and warehouses. - 4th party providers do not own and operate transportation equipment and warehouses but instead use the transportation equipment and warehouses of 3rd party providers.
3) a subset of and occurs within the broader framework of a supply chain - supply chain management includes planning and management of activities of sourcing procuring and other various logistics activities.
5) a. 90 percent- current demand is estimated to increase 200,000 persons per day.
6) d. Enable long production runs of the same production - this is a benefit of push strategy.
7) c. Decision analysis- this level of supply chain management assists tools to make analysis like management of inventory and transportation routing.
8) b. Management control - it is a level of supply management that emphasizes on measuring performance.
9) a. Transaction system- this system of supply chain management aims at day to day operations management with formal rules and procedures.
10) b. Contracting transportation and warehouse function out to another company - outsourcing here means outsourcing the whole supply chain management activities to another company specialised in it.
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