Find and write a definition for the following words: logistics: production logistics: business logistics: supply chain: vertical integration: horizontal integration: point-of-sale terminal: just-in-time (JIT) inventory systems letter of credit: supplier management: outsourcing: nearsourcing: insourcing: offshoring: inshoring:inbound distribution: outbound distribution: receiving process: Ex Works (EXW): carrier: bill of lading: freight consolidation: containerization: 1. What is successful logistics? 2. Name four types of locations used for the storage of goods. 3. What do the following acronyms stand for: a) SME b) CBSA C) FTL d) CFR 4. Define "containerization." 5. Outline the steps that may be involved in an intermodal shipment.6. Prepare a chart that outlines the advantages and disadvantages of each of the four major methods of transportation. Method of transportation Advantage Disadvantage Motor Carrier Ocean Freight Air Freight Rail 7.Prepare an in-depth report of information available on the Industry Canada website that would help someone thinking about starting an international business. Include examples of what you find. 8. Research the rules and regulations involved in ling-haul trucking. Include items such as weight restrictions, weigh-scale rules, truck inspections, and so on. 9. Visit the websites of either Frasers of the Canadian Trade Index and outline what information is available on the site. How might one of the following businesses use the site? a) a bakery b) a paper tube company c) a vending machine manufacturer 10. What services do FedEx and UPS provide? 11. What impact do the current price of oil and the value of the Canadian dollar have on a shipment of: a) coffee from Colombia to Toronto b) Lumber from British Colombia to Kansas City, Kansas 12. Outline all the links in the supply chain for the glass of orange juice you had this morning. Be as detailed and as accurate as possible. 13. Select the appropriate carriers for the following shipments, and provide reasons for your selection. a) Grapes from a field in California to a fruit market in Winnipeg. b) Honda automobiles from Tokyo, Japan, to a Honda dealer in Toronto