Podcast
Questions and Answers
What pricing strategy sets the pricing floor or minimum charge?
What pricing strategy sets the pricing floor or minimum charge?
- Marginal-cost/Variable cost (correct)
- Average cost approach
- Cost plus pricing
- Value of service pricing
Which pricing strategy is based on what the customer is willing to pay?
Which pricing strategy is based on what the customer is willing to pay?
- Average cost approach
- Value of service pricing (correct)
- Discounted rates
- Spot-market rates
What are some common performance measures in logistics and supply chain management?
What are some common performance measures in logistics and supply chain management?
- In-stock rate, Expedite frequency, Customer retention rate, Packaging sustainability (correct)
- Total landed cost, Warehousing cost per unit, Number of customer returns, Transportation cost per unit
- On time delivery frequency, Customer complaints, Order entry accuracy, Fuel efficiency
- Order cycle time, Expedite fees, Total cost of ownership, Stockout costs
Which system is used to simplify the potential complexity of trillions of possible shipments?
Which system is used to simplify the potential complexity of trillions of possible shipments?
What are some cost measures that can be considered in logistics?
What are some cost measures that can be considered in logistics?
What is a common element included in freight class ratings for each shipment?
What is a common element included in freight class ratings for each shipment?
What factor influences logistics costs by offering more delivery options and unique products?
What factor influences logistics costs by offering more delivery options and unique products?
How does the weight of a product affect its transportation costs?
How does the weight of a product affect its transportation costs?
Which factor leads to higher transportation and warehousing costs due to an increased risk of damage to a product?
Which factor leads to higher transportation and warehousing costs due to an increased risk of damage to a product?
What factor accounts for dynamic changes to fuel costs in transportation pricing?
What factor accounts for dynamic changes to fuel costs in transportation pricing?
How does economy of distance impact transportation costs?
How does economy of distance impact transportation costs?
Which customer pricing scheme bases its price on the cost to the carrier?
Which customer pricing scheme bases its price on the cost to the carrier?
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