Podcast
Questions and Answers
What is a relevant characteristic of the heuristic approach to network design?
What is a relevant characteristic of the heuristic approach to network design?
- Can accommodate sensitivity analysis (correct)
- Can accommodate only the same inbound and outbound transport rates
- Based on linear transport rates
- Guaranteed best solution based on the assumptions
What is NOT a requirement for the development of strategic logistics plan?
What is NOT a requirement for the development of strategic logistics plan?
- An understanding of the human resource strategy
- An understanding of the marketing strategy
- An understanding of the financial strategy (correct)
- An understanding of the corporate strategy
Why would a company purchase from a small business (SME)?
Why would a company purchase from a small business (SME)?
- It is more cost-effective (correct)
- It is a socially responsible practice
- Changes in the supply management paradigms
- It is easy to control the SME
What determines the manner in which personnel respond to ethical situations in the supply chain?
What determines the manner in which personnel respond to ethical situations in the supply chain?
What is a major locational determinant in supply chain management?
What is a major locational determinant in supply chain management?
What is a potential benefit of shipping in terms of inventory?
What is a potential benefit of shipping in terms of inventory?
What cost reduction can be expected from a distribution network with distributor storage with carrier delivery?
What cost reduction can be expected from a distribution network with distributor storage with carrier delivery?
What is a characteristic of a distribution network with manufacturer/distributor storage with customer pickup?
What is a characteristic of a distribution network with manufacturer/distributor storage with customer pickup?
What is true about online sales of physical products?
What is true about online sales of physical products?
What are the three key aspects of customer experience in online sales?
What are the three key aspects of customer experience in online sales?
