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Logistics and Transportation Hub

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Questions and Answers

What is a key aspect of logistics services that affects the timeliness of shipments?

Competence and quality of logistics services (correct)
Frequency of shipments
Location of warehouses
Type of transport operator used

What is a strategy used to reconcile capacity and demand in operations management?

Push and pull control of capacity and demand
Pull control of capacity and demand (correct)
Push control of capacity and demand
Inventory management system

What is the primary objective of capacity planning and control?

To balance capacity with demand (correct)
To maximize production capacity
To minimize inventory costs
To reduce lead times

In managing fluctuations in demand, what can be used to smooth out peaks?

Inventory (D) Signup and view all the answers

What is a key step in choosing the most appropriate capacity plan?

Forecasting future demand (B) Signup and view all the answers

What is a potential use of spare capacity in operations management?

To supply other operations (C) Signup and view all the answers

What is the primary principle of the 'pull' control strategy in capacity management?

Each work center requests deliveries from its supplying stage (C) Signup and view all the answers

What is the main difference between 'push' and 'pull' control strategies in logistics?

Whether activities are triggered by forecasts or customer requests (A) Signup and view all the answers

What is the primary goal of demand management in logistics and supply chain management?

To adjust output to match demand (D) Signup and view all the answers

What is the main advantage of a 'pull' control strategy in capacity management?

Reduced inventory build-up (B) Signup and view all the answers

What is the key consideration in deciding whether to make or buy a component in a supply chain?

The strategic importance of the activity (C) Signup and view all the answers

What is the main objective of revenue management in logistics and supply chain management?

To increase sales and revenue (D) Signup and view all the answers

What is a key benefit of analyzing the entire supply chain?

Identifying significant links in the network (B) Signup and view all the answers

What type of factors influence location decisions from a customer's perspective?

Demand-side factors (A) Signup and view all the answers

What is a primary objective of network design in supply chain management?

Aligning with strategic objectives (D) Signup and view all the answers

What is the scope of a supply network?

A network of suppliers and customers (A) Signup and view all the answers

Why is operations performance considered a supply chain issue?

Because it involves multiple operations and stakeholders (A) Signup and view all the answers

What can be a key factor influencing capacity planning decisions?