Professional Documents
Culture Documents
Attempt 1
Written: Dec 20, 2022 11:51 AM - Dec 20, 2022 12:05 PM
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Question 1 10 / 10 points
Global location decisions are made to optimize the performance of the supply chain and be
consistent with the firm's competitive strategy.
True
False
Question 2 10 / 10 points
Logistics is what creates the efficient flow of goods between supply chain partners, allowing
profits and competitive advantage to be maximized.
True
False
Question 3 10 / 10 points
Private warehouses refer to warehouses that are owned by the firm storing the goods.
True
False
Chapters 9 & 11
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1/5/23, 9:48 PM : Quiz Submissions - Week 3 - Quiz #3 - TLMT313 D001 Fall 2022 - APEI
Question 4 10 / 10 points
While the development and proliferation of the Internet and web-based commerce has not
completely eliminated the relevancy of facilities location, because of the Internet, the speed
of delivery and cost in serving the customer are no longer factors in determining the strategic
location of an organization's facilities.
True
False
Chapters 9 & 11
Question 5 10 / 10 points
Risk pooling is a strategy that attempts to use fewer warehouses to decrease the required
safety stock levels since the negatively correlated market demands reduce the overall
demand variance across the markets which the centralized warehouse services.
True
False
Chapters 9 & 11
Question 6 10 / 10 points
Regional trade agreements and the World Trade Organization provide a framework for
managers in terms of investigating important facility location elements like tariffs, costs, and
the free flow of goods and services in different regions of the world.
True
False
Chapters 9 & 11
Question 7 10 / 10 points
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1/5/23, 9:48 PM : Quiz Submissions - Week 3 - Quiz #3 - TLMT313 D001 Fall 2022 - APEI
With FOB pricing, a supplier is the legal owner of a product until the product reaches its
destination.
True
False
Chapters 9 & 11
Question 8 10 / 10 points
True
False
Chapters 9 & 11
Question 9 0 / 10 points
The European Union (EU) created the world's largest free trade area.
True
False
Chapters 9 & 11
Question 10 10 / 10 points
The primary objective of an offshore factory is to take advantage of low labor costs.
True
False
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1/5/23, 9:48 PM : Quiz Submissions - Week 3 - Quiz #3 - TLMT313 D001 Fall 2022 - APEI
Chapters 9 & 11
Done
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