TLMT201_Quiz Week 4
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School
American Public University *
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Course
201
Subject
Industrial Engineering
Date
Feb 20, 2024
Type
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5
Uploaded by sheasacks
Week 4: Mid-term Exam Question 1 5/ 5 points There are six major functions of a warehouse which include: stockpiling, product mixing, production logistics, consolidation, distribution, and customer service. e True False Question 2 5/ 5 points What are the two most common warehouse activities? e Shipping and receiving Materials handling and cross-docking Staging and sorting Picking and loading Question 3 0/ 5 points Crossdocking is the concept of a direct transfer of product from the receiving truck to the shipping truck without physically placing the product on the shelf. True e False Question 4 5/ 5 points is a method that assumes the last items purchased will be the first items purchased or sold regardless of the actual timing. (Enter the acronym for this term) —— 1 ER. A==
Question 5 5/ 5 points What is a "bill of materials" (BOM)? A computerized method of managing production inventories. e The recipe of all components used in making or building something. One of the most overly used business buzz words of the last 20 years. One of the three primary inventory control approaches. Question 6 5/ 5 points Which of the following are modes of domestic transportation? Ground Air Intermodal e All of the above Question 7 5/ 5 points The two types of ground transportation are truckload (TL) and less-than-truckload (LTL)? e True False Question 8 5/ 5 points What are the primary documents used in domestic truck shipments? Bill of Lading Carrier Freight Bill Delivery Receipt e All of the above
Question 9 0/ 5 points Truckload shipments are normally priced on: e FAKrates Class rates Point-to-point rates CWT (hiindred weicht) Question 10 0/ 5 points What are the two most common terms in transportation? Type in the two terms using one space between words. ___demand supply Question 11 5/ 5 points The primary difference, from an operational standpoint, between domestic and international transportation is the documentation requirements associated with international trade. e True False Question 12 5/ 5 points Container ships and break-bulk are two of the primary types of cargo vessels. e True False Question 13 0/ 5 points Freight Fowarders: Offer considerable cost saving to the shipper. ~ | Serve as intermediaries between the shipper and the carrier. Companies that own and operate ocean-going vessels. Prepare documentation
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Question 14 5/ 5 points What is Free and Secure Trade (FAST)? o A program developed between the United States, Mexico, and Canada to ensure security and safety while enhancing economic prosperity of each country. b. A government-business initiative to build cooperative relationships that strengthen overall supply chain and border security. Designed to support the global supply chain and enhance border security efforts. Mandates that cargo information from shipments arriving by truck, rail and air are also provided to CBP in advance of the shipment's arrival at U.S. ports of entry. Question 15 5/ 5 points The first edition of Incoterms was published in: 1925 1956 2000 e 1936 Question 16 5/ 5 points Commercial invoice is: e The primary document used in international trade. A document required by the government of Canada. A document that certifies that the goods shipped are produced in the U.S., Mexico, or Canada. Attests to the country of manufacture of the goods you are shipping. Question 17 5/ 5 points In the export process, the U.S. government only requires the Shipper's Export Declaration. e True False
Question 18 5/ 5 points A commonly used numbering system used to track goods moving in international trade is called: Automated Export System e Harmonized System Shipper's Export Declaration Commercial Control List Question 19 5/ 5 points Custom brokers are government-licensed intermediaries who act as the exporter's agent with U.S. Customs. True e False Question 20 5/ 5 points Custom clearance requires five steps: entry, inspection, appraisal, classification, and liquidation. e True False