Question 1

A public warehouse may provide the following services EXCEPT this:

Accepted Answer

A)   Light assembly
B)   Returns refurbishment
C)   Breakbulk
D)   RepackagingE) None of the above
F) B) and C)

Question 2

The third step in the weighted-factor rating technique is to

Accepted Answer

A)   Multiply each factor score by its weight and sum the weighted scores for each location
B)   Identify all factors considered important to the facility location decision
C)   Assign a weight to each factor
D)   Assign a performance score to each factor for each locationE) A) and B)
F) B) and D)

Question 3

The fourth step in the weighted-factor rating technique is to

Accepted Answer

A)   Multiply each factor score by its weight and sum the weighted scores for each location
B)   Identify all factors considered important to the facility location decision
C)   Select the location with the highest total weighted score
D)   Assign a performance score to each factor for each locationE) C) and D)
F) All of the above

Question 4

Facility location decisions are often viewed as strategic or long-term decisions.

Accepted Answer

A) True 
 B)False

Question 5

The rule to estimate the effect of risk pooling is referred to as the _______.

Accepted Answer

A)   asymptotic rule
B)   exponential rule
C)   square root rule
D)   linear ruleE) A) and D)
F) A) and B)

Question 6

Discuss the importance of returns management. Give an example of how a clothing retailer may need to manage its returns.

Accepted Answer

A successful answer will note that retur...

Question 7

Which of the following is a popular location analysis software tool?

Accepted Answer

A)   LandReg
B)   PosLoc
C)   AnySite
D)   MapPointE) B) and C)
F) B) and D)

Question 8

Which of the following items/products would most likely be transported by pipeline?

Accepted Answer

A)   Component parts
B)   Containers
C)   Grain
D)   OilE) A) and B)
F) A) and C)

Question 9

Choosing to locate in a country where the company would be given tax breaks for locating would likely involve which location decision consideration?

Accepted Answer

A)   National competitiveness
B)   Proximity to markets
C)   Taxes and incentives
D)   Regional trade agreementsE) B) and D)
F) All of the above

Question 10

Returns management is alternatively known as _______.

Accepted Answer

The answer of Returns management is alternatively known as _______....

Question 11

Since World War II, rail freight transportation market share in the U.S. has _______.

Accepted Answer

A)   increased
B)   decreased
C)   remained approximately the same
D)   Rail transportation has no market share in the U.S.E) A) and B)
F) C) and D)

Question 12

As of 2012, there are how many Class I railroad companies in the U.S.?

Accepted Answer

A)   1
B)   3
C)   7
D)   15E) B) and C)
F) All of the above

Question 13

High-speed passenger rail service has become widespread in the U.S.

Accepted Answer

A) True 
 B)False

Question 14

Why is quality of life a potentially important consideration when determining where to locate a facility?

Accepted Answer

A successful answer will note ...

Question 15

Having difficulty taking profits out of a country may be related to what location decision consideration?

Accepted Answer

A)   Labor issues
B)   Regional trade agreements
C)   Currency exchange rate and stability
D)   Taxes and incentivesE) A) and B)
F) A) and C)

Question 16

_______ is the matching one or more modes of transportation with the types of items to be shipped, the needs of shippers and customers, and the laws governing transportation.

Accepted Answer

Transporta...

Question 17

The most important elements in the definition of logistics are the following EXCEPT this:

Accepted Answer

A)   Flow of goods
B)   Flow of capital
C)   Storage
D)   Meeting requirementsE) A) and B)
F) A) and C)

Question 18

Modern companies are seeking to increase the number of empty miles that their trucks travel.

Accepted Answer

A) True 
 B)False

Question 19

There are three customer locations with x- and y-coordinates of (12, 4) , (11, 3) , and (2, 2) , respectively. The customers have a projected shipment volume of 20, 25, and 14, respectively. Using the center-of-gravity technique, what is the x-coordinate of a facility to serve these customers (to two decimal places) ?

Accepted Answer

A)   8.33
B)   3.10
C)   9.20
D)   Cannot be determined from the information givenE) A) and D)
F) B) and C)

Question 20

Choosing a location while considering the ability to expand later would likely involve which location decision consideration?

Accepted Answer

A)   National competitiveness
B)   Regional trade agreements
C)   Quality of life
D)   Land availability and costE) B) and C)
F) A) and D)

Exam 15: Location, Logistics, and Product Returns

Which of the following is a popular location analysis software tool?

Correct Answer
verified

Why is quality of life a potentially important consideration when determining where to locate a facility?

Correct Answer
verified
A successful answer will note ...
View Answer

The third step in the weighted-factor rating technique is to

Correct Answer
verified

High-speed passenger rail service has become widespread in the U.S.

Correct Answer
verified

Discuss the importance of returns management. Give an example of how a clothing retailer may need to manage its returns.

Correct Answer
verified
A successful answer will note that retur...
View Answer

Modern companies are seeking to increase the number of empty miles that their trucks travel.

Correct Answer
verified

The rule to estimate the effect of risk pooling is referred to as the _______.

Correct Answer
verified

Choosing a location while considering the ability to expand later would likely involve which location decision consideration?

Correct Answer
verified

Returns management is alternatively known as _______.

Correct Answer
verified

_______ is the matching one or more modes of transportation with the types of items to be shipped, the needs of shippers and customers, and the laws governing transportation.

Correct Answer
verified
Transporta...
View Answer

Having difficulty taking profits out of a country may be related to what location decision consideration?

Correct Answer
verified

Correct Answer
verified

Which of the following items/products would most likely be transported by pipeline?

Correct Answer
verified

Choosing to locate in a country where the company would be given tax breaks for locating would likely involve which location decision consideration?

Correct Answer
verified

The most important elements in the definition of logistics are the following EXCEPT this:

Correct Answer
verified

Facility location decisions are often viewed as strategic or long-term decisions.

Correct Answer
verified

The fourth step in the weighted-factor rating technique is to

Correct Answer
verified

A public warehouse may provide the following services EXCEPT this:

Correct Answer
verified

Since World War II, rail freight transportation market share in the U.S. has _______.

Correct Answer
verified

As of 2012, there are how many Class I railroad companies in the U.S.?

Correct Answer
verified

Exam 15: Location, Logistics, and Product Returns

Which of the following is a popular location analysis software tool?

Correct AnswerverifiedShow Answer

Why is quality of life a potentially important consideration when determining where to locate a facility?

Correct AnswerverifiedA successful answer will note ...View AnswerShow Answer

The third step in the weighted-factor rating technique is to

Correct AnswerverifiedShow Answer

High-speed passenger rail service has become widespread in the U.S.

Correct AnswerverifiedShow Answer

Discuss the importance of returns management. Give an example of how a clothing retailer may need to manage its returns.

Correct AnswerverifiedA successful answer will note that retur...View AnswerShow Answer

Modern companies are seeking to increase the number of empty miles that their trucks travel.

Correct AnswerverifiedShow Answer

The rule to estimate the effect of risk pooling is referred to as the _______.

Correct AnswerverifiedShow Answer

Choosing a location while considering the ability to expand later would likely involve which location decision consideration?

Correct AnswerverifiedShow Answer

Returns management is alternatively known as _______.

Correct AnswerverifiedShow Answer

_______ is the matching one or more modes of transportation with the types of items to be shipped, the needs of shippers and customers, and the laws governing transportation.

Correct AnswerverifiedTransporta...View AnswerShow Answer

Having difficulty taking profits out of a country may be related to what location decision consideration?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following items/products would most likely be transported by pipeline?

Correct AnswerverifiedShow Answer

Choosing to locate in a country where the company would be given tax breaks for locating would likely involve which location decision consideration?

Correct AnswerverifiedShow Answer

The most important elements in the definition of logistics are the following EXCEPT this:

Correct AnswerverifiedShow Answer

Facility location decisions are often viewed as strategic or long-term decisions.

Correct AnswerverifiedShow Answer

The fourth step in the weighted-factor rating technique is to

Correct AnswerverifiedShow Answer

A public warehouse may provide the following services EXCEPT this:

Correct AnswerverifiedShow Answer

Since World War II, rail freight transportation market share in the U.S. has _______.

Correct AnswerverifiedShow Answer

As of 2012, there are how many Class I railroad companies in the U.S.?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified
A successful answer will note ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
A successful answer will note that retur...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Transporta...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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