(3). Logistics decisions about inventory, transportation, and warehouse should r

Question

(3). Logistics decisions about inventory, transportation, and warehouse should relate to which of the

       following?

            (a). Globalization of business,

            (b). Changing of government infrastructure,

(c). Structural changes in business,

(d). Customer service requirements.

5). Which of the follow is not an example of customer service?

            (a). Guaranteeing delivery within specified time periods,

            (b). Installing the product,

            (c). Extending the option to sell on consignment,

            (d). Outsourcing financial and credit terms.

). Which one of the following practices is not generally associated with inventory management?

            (a). JIT,

            (b). DRP,

            (c). MRP,

            (d). SEC.

(11). Which of the following costs best applies to the use of public warehousing by a firm?

            (a). Fixed,

            (b). Marginal,

            (c). Variable,

            (d). Taxable.

(12). Which of the following is not an objective of materials handling?

            (a). Increase effective capacity,

            (b). Improve operating efficiency,

            (c). Increase heavy labor,

            (d). Implement effective working conditions.

Explanation / Answer

Answer is D, Customer Services Requirement.

Because in logistic the inventory, transportation, and warehouse these thing related customer service, Inventory is means ready in stock to reach the customer, transportation means which is movement to reach to delivery point, warehouse is also related with customer services because its require for import or export.

Answer is D, Outsourcing Financial and Credit Term

Because is only focus on important strategic work and grow the business, not related with customer services.

Answer is D, SEC.

Because SEC is generally not associate with inventory management and it’s not consistently safeguarding sensitive assets and may be unaware of lost.

Answer is D, Fixed

Because a contract warehousing is basically the same approach as fees covered in public warehousing and warehouse charge is fixed, so its comes under fixed

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