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Questions
BUSML 3380 AU2025 (2039) Midterm Practice Problems
True/False
In a logistics system, transportation should be optimized at the expense of related logistics activities, such as inventory management, and procurement.
Options
A.True
B.False
View Explanation
Standard Answer
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Approach Analysis
The question presents a claim about how transportation should be optimized in a logistics system.
Option 1 (True): Suggests that transportation optimization should come at the expense of other activities like inventory management and procurement. This is misleading because logistics optimization is typically about ba......Login to view full explanationLog in for full answers
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Similar Questions
Question at position 22 Which of the following statements best describes how third-party logistics (3PL) companies typically impact the logistics costs of the businesses they serve?They increase logistics costs by approximately 5 to 15 percent due to the premium on outsourced logistics services.Businesses can expect to achieve about 10 to 20 percent savings in logistics costs by outsourcing to 3PL companies.3PL companies generally maintain logistics costs at current levels but offer enhanced efficiency and technology integration.The use of 3PL companies reduces logistics costs by over 50 percent due to economies of scale in transportation and warehousing.
In which sectors does logistics management play a role?
Question at position 13 According to the article, why should procurement take ownership of transportation and logistics? (from articles)According to the article, why should procurement take ownership of transportation and logistics? (from articles)To increase procurement team involvement in supplier negotiationsTo ensure cost savings through strategic carrier selectionTo manage material flow and meet production schedulesAll of the aboveNone of the above
The objective of logistics management in a customer-driven supply chain is to Blank ______ while delivering Blank ______.
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