Scm 8 Logistics Study Guide Graded A+

18. The perfect order measures how effectively logistics serves the customer while the landed cost measures how efficiently logistics provides that service. A. True B. False {Ans: True}7. The ________ attempts to identify the "best" location for a single warehouse, store, or plant, given multiple demand points that differ in location and importance. A. Logistics method B. Reverse logistics method C. Warehouse organization method D. Weighted center of gravity method {Ans: Weighted center of gravity method}12. The perfect order measures how effectively logistics serves the customer while the landed cost measures how efficiently logistics provide that service. A. True B. False {Ans: True}17. Which of these statements about inventory management is BEST? A. A system using air transportation experiences higher costs due to higher levels of inventory. B. A system using water and rail transportation tends to have higher levels of inventory. C. Cross-docking facilities don't need to match incoming and outgoing demand since they typically retain much of their inventory for a week or longer. D. Spot stock warehouses are more useful with less inventory in the systems {Ans: B. A system using water and rail transportation tends to have higher levels of inventory.}3. Wrapping