In addition to declaring the origin of goods, a certificate of origin is used to determine the:
A logistics manager has received a lot of customer complaints concerning damaged products. This represents which of the following customer service dimensions?
Given the data below, calculate the reorder point (ROP)
Average daily demand = 30 units/day
Lead time = 4 days Safety stock = 20
According to the Theory of Comparative Advantage, which of the following reasons justifies a country to export a product?
A company finds itself constantly expediting its customer's retail store deliveries in order to prevent stock-outs. The best solution to this problem is to;
An organization encourages proactive internal design efforts and collaboration with supply chain partners in order to consume less raw materials. This business practice reflects which of the following dimensions of sustainability?
When determining the optimal logistics terminal location, one of the primary goals is to minimize:
An American company that ships bulk product manufactured in Asia and sold in Europe may consider which of the following intermodal practices to help minimize total transportation costs?
Compared to a centralized distribution network strategy, an organization using a decentralized distribution network strategy can usually expect:
A transportation manager is interested in selecting the optimal mode of transportation based on 3 key criteria: speed, availability, and dependability Which of the following modes best meets the criteria?
A firm offers their customers shorter order cycle times and increased product variety. Generally, this action would have which of the following impacts on total logistics costs?
A logistics team has developed new packaging for their best-selling product that reduces the packaging costs by 60% and the overall package size by 25%. The material can no longer be stacked on pallets and must be shipped and stored in non-stackable, returnable plastic bins. Which of the following statements bests represents the potential trade-offs of implementing this change?
Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a(n):
Airfreight companies often use dimensional (dim) weight to cost out shipments because of which of the following attributes of the product?
A customer is looking to purchase product from a company. Which of the following outputs of outbound order management would the customer consider primary?
A company wants to minimize tariff costs while avoiding the need to file for duty drawback. Which of the following practices would best achieve this objective?