Topic 15 knowledge check

Logistics creates value through which of the following activities?

Both storage and processing

Countries with better logistics infrastructures and companies with better logistics systems are more competitive

true

The fastest transportation mode is

air

The transportation mode that has the longest ideal distance is

water

Less-than-truckload carriers:

• Usually ship less than 15,000 lb. loads

• Consolidate smaller loads from multiple customers

• Try to fill a trailer and achieve shipping economies

• All of the above

Which of the following is true about the economic benefits of warehousing?

• it decouples production and consumption, enabling you to take advantage of economies of scale in production

• It decouples production and consumption, enabling you to take advantage of economies of scale in transportation

A warehouse management system (WMS) links which of the following?

Manufacturer, warehouse, and retailer

Freight forwarders arrange transportation only by ocean shipping

false

One consideration improving customer services levels is that _____

It costs money

A breakbulk warehouse _____

Receives large-volume truckload shipment and breaks them down into smaller quantities