Testbank
Chapter 2: International Supply Chain Management
TRUE/FALSE
1. The globalization of markets is a recent phenomenon.
ANS: F
DIF: Easy
REF: 2-1a
2. Early logisticians were international traders, and, although they used different techniques and
mean
Testbank
Chapter 6: Terms of Trade or Incoterms
TRUE/FALSE
1. Under the Free Carrier Incoterm, the exporter is responsible for clearing the merchandise for
export.
ANS: T
DIF: Easy
REF: 6-5b
2. An advantage of the Free Alongside Ship Incoterm is the thoro
Testbank
Chapter 16: Customs Clearance
TRUE/FALSE
1. Most countries welcome imports.
ANS: F
DIF: Easy
REF: Introduction
2. The Harmonized System of classification is used to classify both exports and imports.
ANS: T
DIF: Easy
REF: 16-1a
3. Since the World
Testbank
Chapter 3: International Logistics Infrastructure
TRUE/FALSE
1. Given the differences logistics managers may find in other countries and cultures, it is important
for them to attempt to impose what is familiar to them on those other countries and
Testbank
Chapter 9: International Commercial Documents
TRUE/FALSE
1. The invoice that corresponds to an actual shipment is called the commercial invoice.
ANS: T
DIF: Easy
REF: 9-2a
2. The main billing document in a shipment is the pro forma invoice.
ANS:
Testbank
Chapter 10: International Insurance
TRUE/FALSE
1. One of the most complex areas of international logistics is international insurance.
ANS: T
DIF: Easy
REF: Introduction
2. Modern shipping methods mean that container cargo is rarely damaged by wa
Testbank
Chapter 4: Methods of Entry into Foreign Markets
TRUE/FALSE
1. When they first go into international trading, most companies first do so after careful planning
and thoughtful strategic planning.
ANS: F
DIF: Moderate
REF: 4-1
2. Most export manage
Testbank
Chapter 13: International Land and Multi-Modal Transportation
TRUE/FALSE
1. Like the United States, Australia has a lot of railroad capability to carry truck trailers across the
country.
ANS: F
DIF: Moderate
REF: 13-1
2. Railroad freight transpor
Testbank
Chapter 12: International Air Transportation
TRUE/FALSE
1. The first air cargo was mail.
ANS: T
DIF: Easy
REF: 12-2a
2. UPS invented time defined deliveries in 1981.
ANS: F
DIF: Easy
REF: 12-2b
3. International cargo in the belly of passenger air
Testbank
Chapter 8: Currency of Payment (Managing Transaction Risks)
TRUE/FALSE
1. If the exporter and the importer agree that a transaction will be in the currency of the exporters
country, the exporter then bears all the risks of exchange rate fluctuati
Testbank
Chapter 14: Packaging for Export
TRUE/FALSE
1. The responsibility for packaging goods for international shipment always falls upon the exporter.
ANS: T
DIF: Easy
REF: Introduction
2. Companies rarely develop a strategy for packaging, since they c
Testbank
Chapter 15: International Logistics Security
TRUE/FALSE
1. The events of September 11, 2001 did not have a major impact on the way international business
is conducted.
ANS: F
DIF: Easy
REF: Introduction
2. One of the first international organizat
Ghazzawi 1
SAS Forecast Software
SAS (pronounced "sass") once stood for "statistical analysis system." SAS both the software
and the company thrived throughout the next few decades. Development of the software
attained new heights in the industry because
Q 13
Ranya Ghazzawi
Order lot size
Annual Demand
Carrying Cost
Order Processing Cost Per Order
Weight Per Engine
Truck Cost Under 40000 lbs
Cost of Working Capital
Truck Cost Over 40000 lbs
Unit Price on 1000 to 2999 Units
Discount as Per Terms
Terms
Annu
Ghazzawi 1
Ranya Ghazzawi
Professor Rachamadugu
MKTG 3030: 001
September 9, 2015
Assignment Two
Q9:
You are given the following information:
Costs
Fixed Cost
Variable Cost
Make option
$125000
$15
Buy option
$5000
$17
a. Find the break-even quantity and th
Abdelrahman 1
Rawan Abdelrahman
Professor Rachamadugu
MKTG 3130: 001
22 September 2015
Assignment 3
1.
In Fishers article, one of the most interesting things that caught my attention was the following.
The first step in devising an effective supply chain
Ghazzawi 1
Ranya Ghazzawi
Professor Rachamadugu
MKTG 3130: 001
22 September 2015
Assignment 3
1. Marshal Fishers article, What is the Right Supply Chain for your Product, Fisher describes how
products can be functional and innovative; Functional serves mo
Ghazzawi 1
Ranya Ghazzawi
Professor Ram Rachamadugu
MKTG 3030: 001
28 August 2015
Assignment One
(Part One)
Top Supply Chains:
1. Apple
a. Supply Chain Planning at Apple Inc. is the classic example of New Product Development Process
(NPD). It's the integr
Testbank
Chapter 5: International Contracts
TRUE/FALSE
1. Whenever a contract is established between two parties in the same country, the law governing
the execution of this contract is determined by that countrys legal system.
ANS: T
DIF: Easy
REF: 5-1
2
MKTG 3130-001: BASICS OF SUPPLY CHAIN MANAGEMENT
Instructions1.
Certify that you have not received nor given any help in answering the examination. Without this
certification, you will not receive credit for the examination. The front page of your answer
Assignment 3 (due end of day on September 22, 2015) this assignment is worth 2 course points.
Please upload your answers to this assignment on Blackboard. Name your answer file as
LastName_FirstName_Assn1.
Question 1: You had been asked to read the articl
Demand Forecast
Safety Stock (.25 x Demand Forecast)
Number of Working Days by Month
January
1800
450
22
Costs
Materials
Inventory holding cost
Marginal cost of stockout
Marginal cost of subcontracting
Hiring and training cost
Layoff cost
Straight-line co
Testbank
Chapter 11: International Ocean Transportation
TRUE/FALSE
1. RORO ships have the advantage of not needing specialized lifting equipment.
ANS: T
DIF: Easy
REF: 11-3b
2. LASH ships were initially designed to carry automobiles.
ANS: F
DIF: Moderate
Testbank
Chapter 17: Using International Logistics for Strategic Advantage
TRUE/FALSE
1. Most languages are difficult to learn, but some are easier than others.
ANS: T
DIF: Easy
REF: 17-1
2. One of the reasons English is everybodys second language is that
1. The performance of supply chains has never been worse and technology and
brainpower are being applied to improve these performances. This technology and
brainpower includes point-of- sale scanners, electronic data interchange, and
concepts like quick r
