''What is a primary challenge that frequently occurs when adopting a centralization strategy for a global supply chain?''

1. economies of scale can be difficult to achieve across the supply chain
2. misalignment of information technology is likely to occur
3. monitoring of partner performance can be difficult to coordinate
4. standardized practices may not fit particular markets or regions

''The use of two or more different modes of transport in moving goods from origin to destination is known as:''

1. Container shipping
2. LTL shipping
3. Double-stacking
4. Intermodal transport

''Consolidation warehousing refers to:''

1. Shipping directly from manufacturer to retailers
2. Holding inventory received from suppliers in warehouses until needed
3. Continuous shipment from suppliers to warehouses where goods are redirected and shipped to retailers
4. Storage of full trailers in locked lots

''When a supply chain information system is correctly configured, what primary capability does it provide?''

1. ability to achieve error-free outsourcing and lean manufacturing
2. ability to develop supply chain strategies in isolation
3. ability to eliminate demand variation and delivery errors
4. ability to manage risk and pursue global optimization

''What term is best described as the matrix that categorizes processes into structures based on output volume and variety?''

1. operations-process matrix
2. product-process matrix
3. quality-process matrix
4. service-process matrix

''The responsibilities of the shipper are the least in:''

1. DAP
2. EXW
3. FCA
4. FOB

''The process of planning, implementing and controlling the efficient, cost effective flow of materials and related information from the point of consumption to the point of origin is: ''

1. logistics
2. Supply Chain Management
3. upstream management
4. reverse logistics

''exchange rate risks are overcome by:''

1. forward exchange contracts
2. insurance policy from ECGC
3. export loans

''Which one of the following is NOT TRUE about ABC analysis? ''

1. 'A' category items accounts for items of very high consumption value with approx. 70% of total number items
2. 'B' category items accounts for items of very moderate consumption value with approx. 20% of total number items
3. 'A' category items accounts for items of very high consumption value with approx. 10% of total number items
4. 'C' category items accounts for items of very low consumption value with approx. 70% of total number items

''How can transportation managers best contribute strategically to their organizations' supply chain capabilities?''

1. adopt higher performance standards for transportation services
2. align the goals of the transportation function with the goals of primary customers
3. purchase transportation services based on lowest possible transactional cost
4. simultaneously meet elevated service requirements and achieve lower costs

''Natural disasters in insurance are described as:''

1. transportation risks
2. extraneous risks
3. acts of God

''The MPS calls for 110 units of Product A. There are currently 60 of Product A on hand. Each A requires 4 of Part B. There are 20 units of B available. The net requirements for B are:''

1. 20
2. 120
3. 180
4. 240