Question

1. If you need help handling occasional shipping to certain areas, what would be a good type of relationship to have with a 3PL?

   a. Partnership b. Transactional c. Cooperative d. Strategic Collaboration

2. What type of 3PL relationships are win-win, driven by scale, and characterized by joint planning and value-added services?

   a. Partnership b. Transactional c. Cooperative d. Strategic Collaboration

3. As transportation speeds up

   a. Transportation cost increases b. The cost of transportation declines c. Lost sales will decrease d. All of the above e. Only a and c

4. Amazon's secret to beating Walmart in market share is its superior logistics service.

   TrueFalse

5. As the value of a product increases, which of the following is also true from a logistics perspective?

   a. Sales will increase b. Inventory costs will increase c. Warehousing costs decrease d. All of the above e. None of the above

Answer 1

1. The correct option is b. Transactional

2. The correct option is c. Cooperative

3. The correct option is e. Only a and c

4. The given statement is TRUE

5. The correct option is b. Inventory costs will increase

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