物流模拟测试题7

现代物流模拟试题（七）

I . Single choice

1. The degree to which raw materials, component parts, and subassemblies are made available to the production process ultimately _________________________________.

A. determines the availability of products to the customer.

B. determines the selling price to the customer

C. determines the firm’s profit ability

D. determines the firm’s production process.

2. Since financial leverage is a strategic decision that is made by top management, most operation managers must improve return on assets to _________________.

A. decrease operational cost

B. increase inventory turnover

C. increase return on net worth.

D. increase net profit

3 . Purchasing materials that _________ exceed quality specification

A. should

B. need

C. may

D. needlessly

4. Due to dynamic nature of the business environment, management must monitor and evaluate the performance of the distribution channel ________

A. regularly

B. regularly and frequently.

C. frequently

D. often

5. Due to_______________ , management must monitor and evaluate the performance of the distribution channel regularly and frequently.

A. the variable customer’s demand

B. dynamic nature of the business environment

C. the operational philosophy

D. the characteristics of the product

6. ___________________channel usually gives management greater control over the performance of marketing function.

A. A direct manufacturer-to-user

B. A manufacturer to wholesaler to end user

C. A manufacturer to agent to end user

D. A manufacturer to wholesaler to retailer to end user

7. Which of the following statement is correct :

A. There is no best channel structure for all firms producing similar products.

B. There must be best channel structure for all firms producing similar products.

C. There is best channel structure for all firms producing different products.

D. There is no best channel structure for all firms producing different products.

8. Customer must carry ________ to cover for possible delays or lose sales as a result of stockouts..

A. cycle stock

B. safety stock

C. speculative cost

D. dead stock

9. The material manager’s customer is _____________ .

A. The manufacturing or production department

B. The intermediate or manufacturing

C. The final customer or production

D. The intermediate or final customer

10. _________ can be thought of as the output of the logistics function.

A. distribution

B. customer service

C. order processing

D. inventory level

II. Multiple choice

1. Which of the following statement is correct:

A. Volume buying may result in lower per-unit purchasing prices

B. Volume buying may result in lower transportation costs

C. Volume buying may result in lower order processing costs

D. Volume buying may result in lower storage space costs

2. Channel management is particularly important in __________

A. every market

B. growing market

C. mature markets.

D. declining market

3. Reverse logistics deals with the __________ of material that flows from the end customer back

to the seller or supplier.

A.handling

B. storage

C. movement

D.production

4. Effective communication must take place between

A .the major functions of the company

B. the various logistics activities

C. the member companies across a supply chain

D. the various components of each logistics activity

5. Which of the following are correct about logistical integration?

a. The first stage is materials management

b. When all logistics activities are coordinated within a firm, it’s believed that the firm has

realized the intra-functional integration

c. Companies must integrate their internal logistics operations before realizing external

integration

d. The highest level of logistics integration is supply chain integration

III. Answer the following questions

1.Please list some of the new trends in Logistics.

2. What determines the structure of a distribution channels?

3. Compare the difference between long production and short production

4.Which has greater impact on the customer’s inventory, a five-day reduction in order cycle, or a

five-day reduction in order cycle variability? Please give examples to explain the reasons.

5 What are the benefits of supply chain management?

IV. Calculations

1. ABC.Co. is a wholesaler of canned foods, usually the co. orders 250 cases of fruit cocktail each

week, and the annual volume is about 13000 cases. The purchase price is $10 per case, the ordering cost is $15 per order and the inventory carrying cost is 45% per year.

Assume that:

a.ABC co. pays the freight

b.The freight rate is $5 per hundred weight for shipments of less than 15,000 pounds and

$4.70 per hundred weight on shipments of 15,000 to 30,000 pounds. Shipments of more than 30,000 pounds receive a truckload rate of $4.20 per hundred weight.