Dis. Inv. Mgmt
Items that are purchased or manufactured in quantities greater than needed immediately create ________ inventories.
What are lot size inventories?
You are the warehouse manager for a company that has decided to offer a promotion that is expected to last for six months. What type of warehousing would you use to ensure that stock is available?
What is public?
The fundamental principle of transportation that states that transportation cost per unit of weight decreases as distance increases.
What is economy of distance?
This is a likely result of the application of unitization principles in a warehouse.
What is combing orders in the same destination?
This is normally, the key characteristics of channel intermediaries that serve as brokers or agents.
What facilitates the buying and selling of products between supplier and customer?
This kind of inventory provides a buffer for seasonal demand.
What is anticipation?
A warehouse operation where product is received, sorted, and shipped out again without going into storage.
What is cross-docking?
The mode of transportation that would cost the least per ton mile.
What is water?
Rotation of product would best be performed by
What is double deep racking?
This business trend has been driven by the dismantling of the vertical enterprise.
What is outsourcing of the channel structures?
The cost incurred to bring inventory into a facility
What is inbound transportation cost?
This is primarily why Warehousing exists in the distribution environment
What is customer service?
A shipper moving a small quantity of expensive goods from New York to Los Angeles would likely use this type of transport.
What is air?
Creating an area for consolidating and staging orders and repackaging is required for this.
What is order picking and distribution?
A channel system in which dependencies between buyers and sellers are characterized as temporary, opportunistic, and can be dissolved at a moment’s notice.
What is a Limited Channel System?
The function of material management does this.
What is receipt and control of production inventories?
This is the most critical factor in developing a warehouse network
What is distance from the customer?
When using a transport vehicle, the carrier has basically the same cost to move shipments whether the vehicle is full or empty. The only difference is the added cost caused by this.
What is distance travelled?
This stores and retrieves material under computer control
What is an as/rs system?
The number of different products or configurations desired from the distribution channel is:
What is product variety?
This is the correct order of items in the waste hierarchy.
What is: Reduce, reuse, recycle, recover energy, responsible disposal in landfill.
The capacity of a warehouse is usually measured by this.
What is the cubic feet of warehouse space?
The most important operational decision related to transportation.
What is the routing and scheduling of deliveries.
DAILY DOUBLE! WILDCARD!
A shipper wishing to reduce transportation costs will do this?
As the number of facilities in a channel network increase this happens to costs.
What is a limited channel system?