Given the data below, calculate the picking efficiency for a team that picked 8,700 lines today.
A. 84%
B. 90.6%
C. 96.6%
D. 103.6%
What is the overall performance of a logistics provider with the following metrics?
A. 98%
B. 93%
C. 87%
D. 75%
A company is trying to ship a product which weighs 150 pounds with a density of 15.7 pounds per cubic foot. Using the carriers rate schedule below, what is the shipping cost?
A. $8
B. $10
C. $12
D. $18
A transportation manager is considering transportation modes for moving two weekly 39,000 lbs. shipments between two domestic locations 800 miles apart. Which of the following modes of transportations provides the best option for balancing low cost, quick cycle times, high service levels, and minimal product damage?
A. Rail carrier
B. Truckload (TL) carrier
C. Less-than-truckload (LTL) carrier
D. Intermodal carrier
A service organization is planning to enter into a foreign market and is willing to share its intangible assets. These assets include process expertise, training, and methods of operations. Which of the following entry methods is most suitable for this organization?
A. Licensing
B. Joint venture
C. Partnering
D. Franchising
The managers of a manufacturing company are considering new metrics that will lead to improved internal service performance. Which of the following metrics is the company likely to choose?
A. Perfect order
B. On-time delivery
C. Invoice accuracy
D. Line item fill rate
Which of the following is a speculative risk that an exporter should consider when deciding the currency to use to complete the transaction with an importer?
A. Exchange rate fluctuation
B. Currency convertibility
C. Translation
D. Government control on import payment
The most important reason for an organization to consider a logistics network redesign is the change in:
A. transportation rates.
B. raw material costs.
C. labor costs or availability.
D. the location of demand.
Which of the following groups of metrics measure service from the customer's perspective?
A. Inventory availability, stockout frequency, fill rate, and order cycle time
B. Inventory availability, stockout frequency, fill rate, and inbound transportation
C. Order backlog, orders shipped complete, inventory availability, and product defects
D. Order backlog, invoicing accuracy, response time, and order cycle time
A supply chain manager is developing a strategy to improve their organization's environment sustainability and will begin including the triple bottom line (TBL) as a key performance metric. Which of the following components are included in the TBL?
A. Integrated, profitable, and lean
B. Financial, profit-oriented, and social
C. Economic, environmental, and social
D. Supply chain visibility, environmental, and profitable
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