Inventory Management and Distribution

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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?

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)?

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?

Cultural environment Signup and view all the answers

What is a major locational determinant in supply chain management?

Proximity to customers Signup and view all the answers

What is a potential benefit of shipping in terms of inventory?

Centralising inventories at the manufacturer Signup and view all the answers

What cost reduction can be expected from a distribution network with distributor storage with carrier delivery?

Lower transport costs Signup and view all the answers

What is a characteristic of a distribution network with manufacturer/distributor storage with customer pickup?

Easy returnability Signup and view all the answers

What is true about online sales of physical products?

Response time is long Signup and view all the answers

What are the three key aspects of customer experience in online sales?

Cost, access, convenience Signup and view all the answers

Inventory Management and Distribution

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Questions and Answers

What is a relevant characteristic of the heuristic approach to network design?

What is NOT a requirement for the development of strategic logistics plan?

Why would a company purchase from a small business (SME)?

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 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 is a characteristic of a distribution network with manufacturer/distributor storage with customer pickup?

What is true about online sales of physical products?

What are the three key aspects of customer experience in online sales?

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