Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

12 Questions

0 Views

Factors Affecting Logistics Costs Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

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?

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?

Class rate system Signup and view all the answers

What are some cost measures that can be considered in logistics?

Warehousing cost per unit, Total landed cost, Transportation cost per unit, Fuel efficiency Signup and view all the answers

What is a common element included in freight class ratings for each shipment?

Commodities-freight class Signup and view all the answers

What factor influences logistics costs by offering more delivery options and unique products?

Customization Signup and view all the answers

How does the weight of a product affect its transportation costs?

Heavier products cost more to transport Signup and view all the answers

Which factor leads to higher transportation and warehousing costs due to an increased risk of damage to a product?

Susceptibility to Damage Signup and view all the answers

What factor accounts for dynamic changes to fuel costs in transportation pricing?

Fuel Surcharge Signup and view all the answers

How does economy of distance impact transportation costs?

Cost per unit weight decreases as distance increases Signup and view all the answers

Which customer pricing scheme bases its price on the cost to the carrier?

Cost-of-service pricing Signup and view all the answers