Viewed as significant logistics cost variables except

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Reference no: EM132250506

1. From a "Total Cost of Ownership" perspective, all of the following can be viewed as significant Logistics Cost Variables except?

Spares Obsolescence and Maintenance

Packaging

Value-Added Taxes

Ocean freight

Customs/Duties per shipment

2. One of the measures of the infrastructure in a country is the LPI. How many factors does this assessment utilize to determine the overall rating of a country?

3. Which of the following modes of transport does not utilize containers?

Ocean shipping

Chemical tanker shipping

Road shipping

Air shipping

4. The World Bank gives us other measures for importing and exporting besides the LPI. Which are measures the World Bank data covers?

Lead Time to Import or Export

Number of documents to effect the import or export

The cost to import or export one TEU

All of the above

5. There are a number of rack types. Which of the following is not a rack type commonly found in a warehouse.

Drive-In rack

Static storage

Drive-up racks

Pushback racks

6. Bulk Carriers are vessels which carry unpacked cargo with lower value to weight ratios. Which of these is not a Bulk Carrier in this definition?

Carrier of ores and minerals

Carrier of containerized plastics

Tankers for crude oil

Carrier of un-containerized liquids such as chemicals

7. Which of the following are Barriers to creating a Logistics Strategy?

Regulatory and political considerations

All of these

Lack of Top Management Commitment

Incompatible Corporate cultures between service providers in the business

8. In a TCO there is a need to add the economic cost of the goods while in transit for a full accounting. What is the formula for the Economic Cost?

15% * Value of Goods * Days in Transit

WACC * Value of Goods * Days in Transit / 365

WACA * Value of Goods * Days in Transit

WACC * Value of Goods * 365 / Days in Transit

9. What is the size of a Tank Container compared to a normal 20' dry van container?

Larger outer dimensions

Smaller outer dimensions

The same outer dimensions

Longer but the width and height are the same.

10. A FTZ and a FTA are different because?

The FTZ is an area for trade without customs within a country, while the FTA is between countries

The FTZ is with multiple countries, while the FTA is between 2 countries only

The FTZ is administered by the Country, and the FTA is administered by the Customs Authorities

None of the above.

11. Which of the following is not a diverter or sorter ?

Pop-up

Block

Tilt-tray

Drop tray

12. Which one of the following is incorrect? Conveying items by air is the most desirable form of transport when the commodity is

Perishable.

Subject to quick obsolescence.

Required on short notice.

Valuable relative to weight.

Inexpensive to store.

13. When a logistics manager looks at the global shipping lanes, the manager can draw some conclusions about routes as to speed and frequency of movement:

The southern hemisphere is dominated by north south movements

None of these

The northern hemisphere has greater density of movement

The northern hemisphere is dominated by north south movement

14. Warehouse infrastructure of a country may determine

import duties.

None of the above

how goods are packaged.

what the transport modes may charge for transportation.

All of the above

15. A characteristic of breakbulk ships is that they are

very fast to load and unload, unlike containerships.

more labor-intensive than container ships.

designed to carry liquid cargo.

increasing in usage.

able to be loaded and unloaded by one type of equipment.

16. The role of the WTO is to foster world trade, and it does this by a number of actions; which of the following is not appropriate for the WTO?

Administering Trade Agreements

Acting as a Forum for Trade Negotiations

Imposing Sanctions on Countries not complying

Settling Trade Disputes

17. Which of the following are not elements of the Supply Chain

Warehousing

Operations

Manufacturer

Logistics

18. All of the following are reasons to create an SLI (Shipper's Letter of Instruction), except?

If you are authorized to provide the freight forwarder with a written power of attorney, it includes this provision.

The format you use cannot be modified to include additional data and instructions.

It provides the data elements required for filing electronic export information as required by the Foreign Trade Regulations.

It acts as the request for documents prepared by the freight forwarder, any other export control documents, and the international bill of lading.

The exporter has a written record of its instructions to the forwarders.

Reference no: EM132250506

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