Which mode of transportation is characteristic of high fixed costs, low variable costs, long transit

times, low accessibility, and capability of transporting only liquid products?

(a).Pipelines,

(b).Railroads,

(c).Water carriers,

(d).Air carriers.

How does containerization change the materials handling function?

(a).From capital intensive to labor intensive,

(b).From labor intensive to capital intensive,

(c).From an ancillary to a primary function,

(d).To a market intensive activity.

Piggyback is an example of which type of transportation?

(a).Intrastate,

(b).Interstate,

(c).Intermodal,

(d).Intercarrier.

Which of the following is an ICC licensed freight intermediary whose propose is to bring shippers

and carriers together?

(a).Shipper's agent,

(b).Freight wholesaler,

(c).Broker,

(d).Carriage company.

What is an order bill of lading?

(a).Order of goods which a firm issues to a supplier,

(b).Same as a freight bill,

(c).Negotiable instrument that acts as a certificate of title,

(d).Purchase invoice.

Under the term of sale "F.O.B. Delivered", who has the responsibility of filing a claim for damage

arising from the shipment?

(a).Buyer,

(b).Supplier,

(c).Carrier,

(d).Demurrage agent.

In an effort to offer a lower rate, carriers will try to:

(a).Separate joint and common costs,

(b).Reverse the rate taper,

(c).Offer a quantity discount,

(d). Disregard the weight of the shipment.

The following are all types of 3PLs, except:

(a).Transportation based,

(b).Warehouse based,

(c).Forwarder based,

(d).B2B payments.

A firm that manages the resources, capabilities, and technology of its own organization with those

of complimentary service providers to deliver a comprehensive supply chain solution is called a:

(a).3PL,

(b).4PL,

(c).2PL,

(d).1PL.

What type of change may suggest a need to reevaluate and/or redesign a firm's logistics network?

(a).Change in customer service requirements,

(b).Change in corporate ownership,

(c).Cost pressures and competitive capabilities,

(d).Shifting locations of customer and/or supply markets.

Which of the following is not a trend in today's logistics environment that may have significant

effects on decisions involving logistics facility location?

(a).Cross-docking,

(b).Use of third-party suppliers,

(c).Direct, Plant-to-Customer shipments,

(d). Decentralized facilities.

Which of the following is not a supply chain decision area regarding ROA improvement?

(a).Channel structure management,

(b).Inventory management,

(c).Order management,

(d).Information management.

A core competency is said to exist if each of three (3) conditions are satisfied. Which of the

following is not one of these three conditions?

(a).Expertise,

(b).Strategic fit,

(c).Ability to invest,

(d).Sustainable advantage.