Term
| 1. Which of the following is not a benefit of IBP? |
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Definition
a) Increasing business flexibility
b) Quantifying financial risk
c) Reducing holistic understanding of performance drivers (CORRECT)
d) Providing an integrated planning platform across marketing, operations and finance. |
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Term
| 2. Which of the following is not an example of an application of IBP? |
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Definition
a) Business policy
b) Market demand curves
c) Competitive strategy
d) Credit default swaps (CORRECT) |
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Term
| 3. What does IBP stand for? |
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Definition
a) Integrated Business Planning
b) International Buro of Production
c) Internet Business Promoter
d) Integrated Budget Partnership |
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Term
| 1) Which one of the following is NOT a regional small parcel carrier |
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Definition
a. Ontrac
b. Spee-dee delivery
c. Eastern connection
d. UPS (CORRECT) |
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Term
| 2) Why might a regional carrier have lower rates than a traditional carrier? |
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Definition
A) Because they carry more packages, they achieve greater economies of scale
B) Since they’re a regional carrier, they don’t have to subsidize unprofitable routes
C) Because they don’t have billions of dollars invested in large handling facilities like UPS and Fed Ex
D) Both B & C (CORRECT) |
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Term
| 3) How do FedEx and UPS discourage using small regional carriers? |
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Definition
a. If too much volume is bled to regional carriers, shippers stand the risk of losing discounts with FedEx and UPS (CORRECT)
b. They hold yearly protests against small regional carriers
c. They directly market against small regional carriers
d. They sabotage regional carrier shipping hubs |
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Term
| 1. What is Humanitarian Logistics? |
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Definition
A)transportation of humans
B) logistics mainly performed with human labor
C) transportation and strategic positioning of inventory in order to feed the hungry, clothe the naked, and make goods available to those in need (CORRECT)
D) logistics only for humanitarian organizations |
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Term
| 2. Why should I as a manager even be interested in Humanitarian Logistics? |
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Definition
A) it is is a part of CSR (corporate social responsibility)
B) It gives a good reputation and image for your company
C) it can increase profits for your company
D) All of the above. (CORRECT) |
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Term
| 3. Which of the following is true about the importance of CSR? |
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Definition
A) more than 50% of companies think that it is not important
B) 50% of companies think that it is somewhat important
C) more than 50% think that it is critical or very important (CORRECT)
D) 50% don't care |
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Term
| After 9/11 what percentage of commercial packages shipped on passenger flights must be screened by TSA? |
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Definition
a) 0%
b) 50%
c) 75%
d) 100% (CORRECT) |
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Term
| The Federal Government has made a mandatory requirement that all companies must implement a CCSP facility in-house? |
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Definition
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Term
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Definition
a) Certified Counsel of Supply Professionals
b) Certified Cargo Screening Program (CORRECT)
c) Consolidated Container Supply Program
d) Collect Cash when Shipper Presents |
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Term
| 1. What does UPS do to optimize their truck routes? |
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Definition
a. Take as many right turns as possible (CORRECT)
b. Take as many left turns as possible
c. Follow a TomTom they purchased at Wal-mart
d. Only deliver at night |
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Term
| 2. What does the Port of LA do to reduce emissions when ships come to port? |
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Definition
a. Plug them into the city’s power grid (CORRECT)
b. Yell “Avast ye matey”
c. The swim the containers to shore
d. Use oars to dock to the port |
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Term
3. What award did Kodak win that caused it to make changes in their green
logistics? |
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Definition
a. Waste Maker of the Year (CORRECT)
b. Best Cheap Cameras of the Year
c. Most Cameras Discarded of the Year
d. America’s Funniest Picture of the Year |
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Term
| 1. Which of the following allows an item to communicate back to the RFID system? |
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Definition
a. Passive tag b. Portal
c. Active tag (Correct) d. Handheld scanner |
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Term
| 2. Which of the following was not mentioned as a benefit of implementing RFID? |
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Definition
a. Improved visibility b. Quicker decision making
c. More accurate forecasting d. Simplified paperwork
e. All of the above (CORRECT) |
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Term
| 3. Which of the following was NOT mentioned as a challenge to RFID implementation? |
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Definition
a. Partner buy-in b. Availability of RFID tags (CORRECT)
c. High upfront costs d. Physical constraints |
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Term
| 1. What does ISF Stand for? |
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Definition
a. Internal Sales Form
b. Importer Security Filings (CORRECT)
c. International Snowboarding Federation
d. Independent Standing Freight |
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Term
| 2. What is the fine assessed for an ISF violation? |
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Definition
a. $5,000 per violation (CORRECT)
b. Imprisonment
c. Loss of Import License
d. An atomic wedgie |
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Term
| 3. When discussing ISF, where does the name 10+2 come from? |
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Definition
a) That is the number of containers that a shipper can import at a time and how many locks they need on each container
b) It is the number of forms that must be filled out to import an item
c) It stands for the number of data elements required from the importers plus the number of data elements required from the carriers (CORRECT)
d) It is the age of the ISF creators two children |
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Term
| 1.What are the three phases of CPFR? |
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Definition
a)Collaborating, Procurement, Resources
b)Planning, Forecasting, Replenishment/Execution (CORRECT)
c)Strategy, Execution, Analysis
d)None of the above |
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Term
| 2.What is the most important step of the Revised CPFR Model? |
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Definition
a)Planning & Strategy
b)Analysis
c)Execution (CORRECT)
d)Demand & Supply Management |
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Term
| 3. T/F Technology provides the greatest possibilities for integrating CPFR? |
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Definition
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Term
| What is the most visible form of waste? |
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Definition
a) Over processing
b) Inventory (CORRECT)
c) Motion
d) Under utilization of people |
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Term
| Which of the following is NOT one of the 7 wastes of lean? |
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Definition
a) Excessive Transportation
b) Waiting
c) Excessive Paperwork (CORRECT)
d) Defects |
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Term
| What company was the leader in creating and implementing lean? |
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Definition
a) UPS
b) Toyota (CORRECT)
c) Honda
d) FedEx |
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Term
| 1. What does S&OP stand for? |
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Definition
a) Standards & Operating Procedures
b) Sales & Operations Planning (CORRECT)
c) Sales & Operations Procedures
d) Safety & Organizational Planning |
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Term
| 2. What is the goal of S&OP? |
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Definition
a) Keep detailed planning systems in sync with business plan (CORRECT)
b) Have an annual review of operations and activities
c) Get lower management involved in strategic business decisions
d) Ensure organizational safety from the bottom up |
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Term
| 3. From the presentation, which of the following companies was used as a good example of S&OP implementation? |
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Definition
a) Goodyear
b) Toyota
c) Smith’s (CORRECT)
d) Dreyer’s |
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