Logistic review

Question 1

My commodity rarely changes,there is intense competition and price is very competitive.

Accepted Answer

Efficient Supply Chain

Question 2

Logistics helps to monitor and organize these flows except

Accepted Answer

Customer

Question 3

Iceberg Theory in logistics talks about

Accepted Answer

hidden costs

Question 4

Supply chain strategy that focuses on flexiable and efficient response

Accepted Answer

agile

Question 5

This is the supply chain that Zara would use.

Accepted Answer

fast

Question 6

The successful organization of the future will be__________

Accepted Answer

customer focused

Question 7

What company exhibits a lean supply chain ?

Accepted Answer

toyota

Question 8

Short lead time + unpredictable demand = ?

Accepted Answer

agile

Question 9

Our company must hear from the customer first before we can assemble.

Accepted Answer

customer configured

Question 10

The most costly mode of transportation is by

Accepted Answer

air

Question 11

Who is responsible for payments of goods , you should look at the

Accepted Answer

Inco terms

Question 12

The supply chain strategy that pulls goods through a system based on demand

Accepted Answer

lean

Question 13

i supply milk to retail stores I should use

Accepted Answer

Continuous Flow supply chain

Question 14

A Generic one size fits all supply chain is known as a

Accepted Answer

Traditional

Question 15

Getting the right product, in the right place at the right time.

Accepted Answer

Logistics

Questions 15