Reference no: EM132157074
1. What ocean shipping innovation made international shipping more standardized and economical and helped fuel the growth of the consumer business in the US over the past 20 plus years?
a. Disney Cruises
b. International trade lanes
c. Liner shipping
d.Containerized shipping
2. In looking at a Strategic Partnership in supply chain what would be the three competency areas that you would look for the companies to align on?
a. Revenue, cost and capital
b. People, process and technology
c. Culture, government and revenue
d. Expertise, strategic fit and ability to invest
3. When discussing supply chain sustainability what is referred to as the Triple Bottom Line (3BL)?
a.Products, Services and Profit
b. People, Planet and Profit
c. Cost, Capital and Cooperation
d. Transportation, Distribution and Procurement
4. The EOQ model of Inventory Management considers what two basic types of costs?
a. Inventory and capital costs
b. Inventory carrying costs and ordering costs
c. Warehouse and labor costs
d. Inventory carrying costs and manufacturing overhead