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intro to logistics chapter 2
Terms in this set (35)
Which of the following is not a benefit to utilizing information in logistics?
all of the above are benifits
greater knowledge and visibility across the supply chain, greater awareness of customer demand via point-of-sale data, better coordination of manufacturing, merchandising, and distributing through ERP tools, more streamlined order processing and reduced lead time.---good
How do data and information differ?
data are simple facts; information is a body of facts in a format suitable for decision making
____refers to the collection of large amounts of near-real-time data collected through a variety of sources such as sensors and smart phones, among others.
_____provide effective ways to process organizational business data, to perform calculations, and to create documents.
office automation systems.
The most relevant general software package for logistics is ___
Which of the following is not considered a general software package?
all are general software packages.
spreadsheets, presentation packages, word processing, database management-- good
____help various stakeholders-employers, suppliers, customers-- work together by interacting and sharing information in many different forms.
What has emerged as the measuring stock for logistics information technology in the 21st century?
____ refers to a network of satellites that transmits signals that pinpoint the exact location of an object
Global positioning systems (GPS)
Electronic data interchange represents what general type of information management system?
transaction processing system
____refers to the computer -to-computer transmission of business data in a structured format.
electronic data interchange
Which of the following statements about EDI is not true?
EDI can result in increased inventory carrying costs
EDI can have high setup costs,
EDI can lead to increased billing accuracy,
the internet is likely a complement to, rather than a substitute for, EDI--- good
Automatic identification systems are an essential component in____
The most popular automatic identification system currently in use is_____
bar code scanners
Which of the following statements about ratio-frequency identification (RFID) is false?
RFID only offers read capabilities
Walmart has been a major catalyst for RFID usage in logistics,
RFID can store large quantities of data,
RFID has helped to reduce the occurrence of inventory stockouts.--good
A logistics information system begins with:
a logistics manager requesting information
All of the following statements about logistics information systems are true, except:
Internal sources of logistics information are relatively plentiful.
"timely" can refer to the up-to-date status of information,
"timely" can refer to how quickly a manager receives requested information,
a LIS must be concerned with the nature and quality of data---good
The primary advantage of ___ is that enables a firm to test the feasibility of proposed changes at relatively little expense
Which of the following is not a logistics-related decision support system?
electronic data interchange
transportation management systems-- good
Warehouse management systems represent an example of what general type of information management system?
decision support system
Which of the following is not a potential benefit of transportation management systems?
reduced fuel consumption,
decreased empty vehicle miles,
reduced transportation expenditures--- good
____refers to the application of mathematical tools to large bodies of data in order to extract correlations and rules
Efficient data mining is dependent upon____
____ create and maintain consistent data processing methods and an integrated database across multiple business functions.
The origins of contemporary ERP systems can be traced back to logistics and _____
Which of the following statements about ERP is false?
ERP's origins can be traced back to finance and manufacturing.
In recent years, ERP vendors have begun to provide high-quality application-specific logistic capabilities,
ERP implementation costs can easily reach tens of millions of dollars,
ERP glitches often have a logistical component to them,
All of the following are potential costs associated with ERP implementation, except:
all of the above are costs
upgraded computer hardware---good
Approximately___ percent of the world's population currently uses the internet
The return rates for online purchases is approximately ____percent
Which of the following statements is false?
online retailing and in-store retailing experience similar rates of product return.
orders associated with online retailing tend to be for smaller quantities than in-store retailing,
online retailing is characterized by open-case, rather than full-case, picking,
online retailers are challenged by last-mile considerations---good
The worldwide public cloud services market grew by approximately___ percent between 2011 and 2012
What has emerged as the most popular application of on-demand logistics software (cloud computing)?
transportation management systems
Which of the following is not a type of benefits that comes from electronic procurement?
management information benefits,
compliance benefits--- good
In a reverse auction,________
one buyer invites bids from multiple sellers
_____has been identified as the biggest information technology challenge that companies face today?
the cost of technology
THIS SET IS OFTEN IN FOLDERS WITH...
Logistics Exam Ch 1 - 5
Supply Chain- ch. 7
intro to logistics chapter 3
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