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12 Questions

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Logistics Distribution Network Nodes

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Questions and Answers

What do profitability ratios aim to assess?

A business's ability to generate revenue at a specific point in time

The success rate of delivery logistics

A business's ability to generate earnings relative to various financial aspects over time (correct)

The distribution network of a manufacturer

What is the main purpose of wholesaling in the supply chain process?

To facilitate direct sales from manufacturers to end customers

To provide free samples of products to potential customers

To buy goods at discounted prices from manufacturers and sell them at higher prices to retailers (correct)

To buy goods at retail prices from manufacturers and sell them at discounted prices to retailers

What is the significance of using Key Performance Indicators (KPIs) in delivery logistics?

To increase the overall cost of doing business

To keep track of the number of orders fulfilled per month

To set discounts for wholesalers and retailers

To determine if the delivery operations are efficient and successful (correct)

How can a business assess its success and efficiency in delivery operations according to the text?

By analyzing last-mile delivery KPIs Signup and view all the answers

Which activity in the supply chain involves selling goods in smaller quantities at higher prices to consumers?

Retailing Signup and view all the answers

In supply chain logistics, what does the term 'last-mile delivery' refer to?

The final stage of delivering goods directly to end customers Signup and view all the answers

What are the two main components of logistics distribution centers mentioned in the text?

Infrastructure and technology Signup and view all the answers

How are logistics nodes classified based on their levels in the supply chain?

By the number of logistics centers in between Signup and view all the answers

What is the purpose of a fast and reliable distribution network according to the text?

To increase profit margins Signup and view all the answers

Which component is essential in understanding a Distribution Network strategic planning according to the text?

Technology Signup and view all the answers

In a single-tier logistics node, what is the relationship between suppliers and customers?

Suppliers transport directly to customers Signup and view all the answers

What does profit margins represent according to the text?

% of sales turned into profits Signup and view all the answers