1. ________ refers to the type of inventory associated with the transportation of goods from the supplier to the manufacturing plant. A. Cycle stocks B. Safety stocks C. Seasonal stocks D. Transit stocks E. None of the above

2. Which items below are major types of costs that logistics managers consider when making inventory policy decisions? A. carrying costs B. order and setup costs C. expected stockout costs D. inventory in-transit carrying costs

E. All of the above

3. Inventory carrying cost are those that are incurred by inventory at rest and waiting to be used at some time to satisfy the demands of the customer.

Group of answer choices

True

False

4.Which below are primary functions carried out in traditional distribution operations. A. assortment B. allocation C. sortation D. accumulation

E. All of the above