As a general rule, marketers prefer FOB origin pricing rather than FOB destination pricing.( )
What is the primary difference between pilferage and theft?( )
A、there is no difference between the two
B、theft refers to stolen merchandise worth more than $500
C、pilferage refers to stolen merchandise worth more than $500
D、pilferage involves a firm’s own employees, while theft involves efforts from outsiders
E、none of the above
( )represent manufacturers and help them find overseas firms that can be licensed to manufacture their products.
A、International freight forwarders
B、Shippers associations
C、Export management companies
D、Export trading companies
All of the following are protective functions of packaging except:( )
A、enclosing the materials
B、being tamper-proof
C、providing uniform weight distribution
D、cushioning the contents
E、all are protective functions
Polyvinyl chloride (PVC), commonly referred to as vinyl, is considered a friendly plastic because it has few, if any, potential side effects.( )
( )involves bringing together similar stocks from similar sources.
A、Bulk-breaking
B、Assorting
C、Accumulating
D、Sorting
Should investment recovery be the responsibility of the procurement manager? If yes, why? If not, which party (parties) should be responsible for investment recovery?
Shippers’ associations:( )
A、are the same as a freight forwarder
B、function in a manner similar to freight forwarders
C、specialize in truckload shipments
D、are used only for agricultural products
Why does driver supervision tend to be more difficult than supervision of warehouse workers?
A number of companies are likely to reconfigure their modal allocations given that $60 per barrel oil prices are projected to be the norm through 2012.( )
JACKSON’S WAREHOUSE
(This case can best be assessed only by those familiar with STORM software, although other business analysis software programs might be used. The terminology and approach are not exactly the same as used here, especially the use of Sigma lead times, which are measured in units and can be explained as measuring the “dipping” into safety stocks. Also, some of the topics will be new to readers of this text.)
Question 1: Perform an ABC analysis. Is it of much use if the firm maintains only 12 SKUs? Why or why not?
Question 2: Find the reorder point for each of the SKUs expressed as the point to which existing inventory must drop to trigger a replenishment order.
Question 3: How large a safety stock should be maintained for each SKU?
Question 4: How much money will Jackson have as its average investment in inventory?
The printout follows:
Question 5: Interest rates drop, and Jackson’s now assumes that its carrying costs are 20/%, rather than 30/%. How will this change your answers to questions 2, 3, and 4, if at all? Explain.
Question 6: Disregard your answers to questions 4 and 5. Answer question 3 again, this time assuming that Jackson’s wants to keep enough of each SKU to fill orders 90/% of the time.
Suppose the LTL rate is $2.00 per hundredweight, the TL rate is $1.40 per hundredweight and the TL minimum is 18,000 pounds. What is the weight break?( )
A、5,294 pounds
B、10,588 pounds
C、12,600 pounds
D、30,0000 pounds
E、cannot be determined
What are the advantages and disadvantages of private warehousing?
Which of the following is an advantage of a centralized logistics organization?( )
A、less expensive than a decentralized organization
B、good opportunities for freight consolidation
C、can be responsive to customer service requirements
D、easier to manage than a decentralized organization
Define what is meant by a cost trade-off. Do you believe that this concept is workable? Why or why not?
Global positioning systems often pay for themselves within six months.( )
COLUMBIA LUMBER PRODUCTS COMPANY
Question 1: Draw a new organization for Columbia Lumber Products Company (CLPC) that you feel overcomes best the directors’ criticisms of CLPC’s present (January 31, 1996) organization. Indicate the geographic location of all operations shown on the new chart. Explain why you established the organization chart the way you did.
Question 2: Assume that the firm should be reorganized in a manner that emphasizes sales and marketing. This would include a physical distribution system, which would support the marketing effort. Draw an organization chart that you think would accomplish this aim. Indicate the geographic location of all operations on the new chart and explain why you drew the chart as you did.
Question 3: Assume that the firm wants to reorganize into a highly centralized form, closely managed from a single home office. Draw a new chart that takes this into account. Indicate the geographic location of all operations on the chart and explain why you organized it as you did.
Question 4: Assume, instead, that the firm wants to reorganize into a highly decentralized form, where many important decisions can be made out in the field. Draw up a new chart, including the geographic location of all activities. Explain why you drew it up as you did.
Question 5: Young Irwin Buchanan III, the firm’s senior traffic manager, heard rumors that the number of vice presidents was to be reduced. He felt that this would reduce his chances of ever achieving vice presidential—or presidential—status. Luckily, he had access to some money in a family trust fund. He wondered whether he should propose to form a separate, third-party firm to contract with CLPC to perform CLPC’s logistical operations. What functions should it offer to perform?
Question 6: (This is a continuation of the situation described in question 5.) Assume that young Buchanan does decide to form an outside firm to handle CLPC’s logistics operations. Draft his letter to CLPC’s management containing such a proposal.
Top management is sometimes hesitant to fully commit to supply chain management.( )
Contemporary voice-based picking systems are less costly than earlier voice-based systems.( )
What services do export management companies perform?
