Logistics Overview for PLIM Exam

<p>Raw material supplier (B)</p> Signup and view all the answers

<p>1 stage (A)</p> Signup and view all the answers

<p>Operates on a Last In First Out (LIFO) system (B)</p> Signup and view all the answers

<p>Supplier payment processing (B)</p> Signup and view all the answers

<p>Insufficient production capacity (A)</p> Signup and view all the answers

<p>logistics information system (C)</p> Signup and view all the answers

<p>logistics planning (A)</p> Signup and view all the answers

<p>order picking (D)</p> Signup and view all the answers

<p>parts for production lines (D)</p> Signup and view all the answers

<p>fixed order quantity (D)</p> Signup and view all the answers

<p>MAPE (A)</p> Signup and view all the answers

<p>pick by light (A)</p> Signup and view all the answers

<p>customer requirements (B)</p> Signup and view all the answers

<p>total inventory costs (C)</p> Signup and view all the answers

<p>historical event analysis (C)</p> Signup and view all the answers

<p>number of orders (B)</p> Signup and view all the answers

<p>maximize utilization of a bottleneck (C)</p> Signup and view all the answers

<p>pallet racks (C)</p> Signup and view all the answers

<p>limits material flow (C)</p> Signup and view all the answers

<p>low area utilization (A)</p> Signup and view all the answers

<p>increase (B)</p> Signup and view all the answers

<p>Classifying items by impact on expenses (C)</p> Signup and view all the answers

<p>Calculating optimal order quantity (B)</p> Signup and view all the answers

<p>Stock price of the product (B)</p> Signup and view all the answers

<p>Evaluation of supplier performance (C)</p> Signup and view all the answers

<p>Point scoring method (D)</p> Signup and view all the answers

<p>Manufacturing new products (C)</p> Signup and view all the answers

<p>Efficient management practices (D)</p> Signup and view all the answers

<p>Distributor to customer (B)</p> Signup and view all the answers

<p>Distance between company and supplier (B), Insufficient truck utilization (D)</p> Signup and view all the answers

<p>Insufficient capacity of buyers (A), Capital constraint (C)</p> Signup and view all the answers

<p>Delphi method (D)</p> Signup and view all the answers

<p>Grow (C)</p> Signup and view all the answers

<p>Cheap energy (A)</p> Signup and view all the answers

<p>Fall (D)</p> Signup and view all the answers

<p>Adaptation (A), Collaboration (D)</p> Signup and view all the answers

<p>Capacities of production plants exceed requirements of warehouses (B)</p> Signup and view all the answers

<p>From a distributor to a customer (A)</p> Signup and view all the answers

<p>Distribution (A)</p> Signup and view all the answers

<p>Manufacturing (C)</p> Signup and view all the answers

<p>Preventive maintenance plan (B)</p> Signup and view all the answers

<p>Forecasting demand and balancing customer requirements (D)</p> Signup and view all the answers

<p>MAPE (B)</p> Signup and view all the answers

<p>DPA = 6 % (A)</p> Signup and view all the answers

<p>Quality products and services at the required time and place (B)</p> Signup and view all the answers

<p>Possibility of JIT deliveries (B)</p> Signup and view all the answers

<p>Packaging (C)</p> Signup and view all the answers

<p>Vertical integration (C)</p> Signup and view all the answers

<p>Analytical Hierarchy Process (A)</p> Signup and view all the answers

<p>Decreases (A)</p> Signup and view all the answers

<p>Calculating the optimal production batch size (C)</p> Signup and view all the answers

<p>Classifying items based on demand impact (A)</p> Signup and view all the answers

<p>They increase over-proportionally (A)</p> Signup and view all the answers

<p>Models in production planning and scheduling (C)</p> Signup and view all the answers

<p>Re-processing occurring at energy level (D)</p> Signup and view all the answers

<p>Capable of JIT deliveries (D)</p> Signup and view all the answers

<p>Supplier of raw materials (C)</p> Signup and view all the answers

<p>Cost-benefit analysis (B)</p> Signup and view all the answers

<p>Euclidean (C)</p> Signup and view all the answers

<p>Croston’s method (A)</p> Signup and view all the answers

<p>A series of linked business activities for logistics (A)</p> Signup and view all the answers

<p>Maturation of final product (D)</p> Signup and view all the answers

<p>To deliver goods to customers (B)</p> Signup and view all the answers

<p>Production management (D)</p> Signup and view all the answers

<p>Return rate (A)</p> Signup and view all the answers

<p>2 (C)</p> Signup and view all the answers

<p>Selecting items in the warehouse for shipment to customers (D)</p> Signup and view all the answers

<p>Gas (B)</p> Signup and view all the answers

<p>A set of physical elements and people involved in implementing flows of goods between manufacturers and end customers (C)</p> Signup and view all the answers

<p>Sales agency (A)</p> Signup and view all the answers

<p>Following established pull production principles (A)</p> Signup and view all the answers

<p>1 (A)</p> Signup and view all the answers

<p>Manufacturing raw materials (D)</p> Signup and view all the answers

<p>The center of gravity of material flows (B)</p> Signup and view all the answers

<p>Ideal for documents and libraries (A)</p> Signup and view all the answers

<p>Potentially solvable after adding fictive warehouse capacity (D)</p> Signup and view all the answers

<p>Insufficient truck utilization (C)</p> Signup and view all the answers

<p>Delphi method (B)</p> Signup and view all the answers

<p>Order picking consumes up to 66% of the warehouse operational costs. (A)</p> Signup and view all the answers

<p>Cheap energy (B)</p> Signup and view all the answers

<p>Adaptation (C)</p> Signup and view all the answers

<p>In an unbalanced transportation problem, capacities of production plants can vary relative to requirements. (A)</p> Signup and view all the answers

<p>Designing and managing sourcing activities (B)</p> Signup and view all the answers

<p>Organization and execution of goods flows (B)</p> Signup and view all the answers

<p>Implementing flows of goods within the distribution system (C)</p> Signup and view all the answers

<p>Information processing (D)</p> Signup and view all the answers

<p>All business entities participating in the logistics chain (B)</p> Signup and view all the answers

<p>Information accuracy in supply chains (D)</p> Signup and view all the answers

<p>The group of entities involved in creating and delivering products (A)</p> Signup and view all the answers

<p>Minimizing delivery routes (A)</p> Signup and view all the answers

<p>Transportation (B)</p> Signup and view all the answers

<p>To meet market requirements at minimal costs (B)</p> Signup and view all the answers

A reason why a supplier cannot deliver the correct amount of an order in operational purchasing.

A constraint on ordering optimal quantities in operational purchasing.

A "pulling" system in which production is triggered by demand.

Activities to fulfill customer orders with the correct items and quantities.

Distribution with only one stage between the producer and the customer.

Strategies like point scoring and balance for choosing suppliers.

Warehouses manage storage, homogenization, maturation, and alleviate transportation/capacity issues.

Factors like insufficient production capacity or poor process control that limit the flow of goods.

The direction of goods and services in a logistics system, typically from a manufacturer to a customer.

A sequence of activities performed by various entities to meet customer needs.

A group of entities involved in moving products between manufacturers and customers.

Forecasting, balancing, and fitting customer needs against the logistics system capacity.

MAPE (Mean Absolute Percentage Error) is a measure of how accurate a forecast is.

The most accurate forecast has the lowest MAPE.

No initial values are needed for a naïve forecasting method.

Purchasing decisions affect material and energy costs, impacting the overall budget and supply chain.

A system composed of people, equipment, and procedures that gather and process information for planning, controlling, and executing logistics operations.

The process of forecasting demand, balancing customer needs with available resources, and ensuring the system can meet those needs.

The process of selecting specific quantities of items from a supplier's inventory to fulfill a customer order.

Vertical storage systems that use a continuous loop of shelves to transport items to and from specific levels.

An inventory management system that uses a fixed order quantity and a trigger point (the signal inventory level) to restock inventory.

A measure of forecast accuracy, representing the average absolute percentage difference between forecasted demand and actual demand.

A computer-controlled order picking system using lights to guide pickers to specific locations and quantities.

Relationships between different products based on production capacity, where resources are allocated for each product based on their need and contribution to overall production.

A lack of financial resources preventing a company or supplier from ordering or delivering the optimal quantity of goods.

When a supplier cannot produce or deliver the desired quantity due to limited resources like production lines or trucks.

A qualitative demand forecasting technique that uses expert opinions and rounds of feedback to arrive at a consensus.

A quantitative demand forecasting method that calculates the average demand over a specific period to predict future demand.

The overall expense incurred for transporting goods, which increases with distance.

A principle advocating the reuse and recycling of resources to minimize waste and maximize resource utilization.

The cost of transporting a single unit of goods, which decreases with increasing load weight.

The process of coordinating and managing all activities involved in sourcing, producing, and delivering goods to customers.

A method for categorizing purchased items based on their impact on expenses, helping companies prioritize purchasing efforts.

A mathematical model used to calculate the optimal order quantity for minimizing inventory costs.

A visual signal used in manufacturing or logistics to trigger production or replenishment based on demand.

The ongoing process of buying materials, goods, and services for an organization's immediate needs.

The process of choosing a supplier based on various criteria like cost, quality, and reliability.

Warehouses play various roles in the logistics chain, including storing goods, preparing for production, and ensuring timely deliveries.

Factors that limit the smooth flow of goods or information through a business process, such as production capacity or process control issues.

The Economic Order Quantity (EOQ) model aims to minimize the total cost of inventory management by finding the optimal order quantity. This cost includes both ordering costs and holding costs.

A bottleneck in a production process is a constraint that limits the overall output of the system. Identifying bottlenecks is crucial for improving efficiency and throughput.

In the EOQ model, total ordering costs depend on the number of orders placed. Each order incurs a fixed cost, so more orders mean higher total ordering costs.

The input-output model analyzes the flow of materials and resources within a company. It's useful for optimizing resource utilization, planning capacities, and identifying bottlenecks.

Dynamic order picking systems require storage solutions that allow for quick and flexible retrieval of items. Multi-storey shelves are suitable for this purpose because they allow for efficient vertical storage and access.

A bottleneck in a production process restricts the flow of materials. It limits how much material can be processed and hinders the overall efficiency and output of the system.

Drive-in pallet racks allow for efficient storage, but they suffer from a LIFO (Last In, First Out) retrieval method. This means that the most recently added items are accessed first, potentially leading to expired stock or inefficient inventory management.

Deliveries that arrive just in time for production or use, minimizing storage costs and inventory holding.

Deliveries that include the exact number of items ordered, avoiding shortages or overstocking.

Electronic Data Interchange systems that allow for efficient and automated exchange of data between suppliers and buyers.

Activities involved in moving, storing, and protecting goods, adding value to products.

A company controls multiple stages of the supply chain, from manufacturing to distribution.

A method used for supplier selection based on multiple criteria, allowing decision-makers to prioritize and weigh different factors.

Direct distribution involves only one stage between the producer and the customer, meaning the product goes straight from the manufacturer to the end user.

Underground reservoirs are suitable for storing natural gas due to their ability to contain and maintain pressure, making them ideal for this type of energy storage.

Order picking is the process of retrieving specific items from a warehouse in the correct quantities to fulfill a customer's order.

Order picking accounts for a significant portion of warehouse operational costs, typically consuming between 33% and 55% of the total expenses.

The direction of value-added flow in a logistics system typically moves from the manufacturer of a final product to the raw materials supplier.

A production system that focuses on controlling production processes by controlling the bottleneck (the slowest part of the process).

A network of entities involved in moving goods from manufacturers to end customers, including transportation, warehousing, and distribution.

The process of moving and distributing goods from a central location (warehouse) to various customers, including retailers and wholesalers.

The ideal location for a warehouse to minimize transportation costs and ensure efficient delivery.

A situation where the supply capacity of producers doesn't meet the demand requirements of customers, leading to an imbalance in transportation.

Storage systems that allow for efficient and flexible movement of goods, suitable for storing lightweight items or those frequently accessed.

A method used to categorize models in vehicle routing, which involves determining the optimal routes for delivery vehicles to minimize costs and maximize efficiency.

A re-processing method that involves burning waste materials at high temperatures to convert them into ash and gases. This process is considered re-processing at the material level.

A tool that analyzes the flow of materials and resources within a company. It helps identify bottlenecks and resource allocation challenges for decision-making.

A network of entities involved in the movement of goods, including transportation, warehousing, and distribution. This system aims to meet customer needs efficiently.

The ideal location for a warehouse to minimize transportation costs and ensure efficient delivery to customers. Factors like distance and accessibility are considered.

Predicting demand for products that are irregularly purchased or have unpredictable sales patterns. Croston’s method is a suitable technique for this type of demand.

A set of all business entities that participate in the implementation of activities forming the logistics chain.

The organization, planning, management, and execution of goods flows from the research and purchase up to production and distribution as per the end customer's order.

A group of manufacturers, suppliers, distributors, retailers, and transportation, information, and other logistics management service providers that are engaged in providing goods to consumers.

A set of activities associated with the implementation of flows of goods within the distribution system.

The CPFR mission is to change the cooperation model of business partners and to create a significantly more accurate information base that will lead SC to higher sales and profits.

A method where the supplier manages the customer's inventory levels.