Through the use of ________, or "smart tag" technology, a company is able to locate exactly where a product is within the supply chain.

Through the use of ________, or "smart tag" technology, a company is able to locate exactly where a product is within the supply chain.

A) RFID
B) PRM
C) VMS
D) IT
E) 3PL


Answer: A) RFID

To reduce inventory management costs, many companies use a system called ________, which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation.

To reduce inventory management costs, many companies use a system called ________, which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation.

A) reduction-inventory management
B) just-in-time logistics
C) limited inventory logistics
D) supply chain management
E) economic order quantity


Answer: B) just-in-time logistics

The difference between distribution centers and storage warehouses is that distribution centers are designed to ________.

The difference between distribution centers and storage warehouses is that distribution centers are designed to ________.

A) store goods for longer periods
B) hold larger volumes
C) move goods rather than just store them
D) primarily be owned by the manufacturer
E) be automated


Answer: C) move goods rather than just store them

The goal of marketing logistics should be to provide a ________ level of customer service at the least cost.

The goal of marketing logistics should be to provide a ________ level of customer service at the least cost.

A) maximum
B) targeted
C) moderate
D) minimum
E) stable


Answer: B) targeted