Inventory Management and Distribution
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Questions and Answers

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?

    <p>Cultural environment</p> Signup and view all the answers

    What is a major locational determinant in supply chain management?

    <p>Proximity to customers</p> Signup and view all the answers

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

    <p>Centralising inventories at the manufacturer</p> Signup and view all the answers

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

    <p>Lower transport costs</p> Signup and view all the answers

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

    <p>Easy returnability</p> Signup and view all the answers

    What is true about online sales of physical products?

    <p>Response time is long</p> Signup and view all the answers

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

    <p>Cost, access, convenience</p> Signup and view all the answers

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