Question 26

A company setting up a warehouse wants to maintain a first in, first out (FIFO) stock rotation. Which of the following storage systems should they utilize?
  • Question 27

    The primary factor that reduces the need for companies to improve transportation sustainability is:
  • Question 28

    In the economic utility function of logistics, logistics adds:
  • Question 29

    A logistic team has developed new packaging for their best-selling product that reduces the packaging costs by
    60% and the overall package size by 25%. The material can no longer be stacked on pallets and must be shipped and stored in non-stackable, returnable plastic bins.
    Which of the following statements bests represents the potential trade-offs of implementing this change?
  • Question 30

    What facility location method has the advantage of analyzing both quantitative data and hard-to-evaluate criteria?