现代物流(双语教程)试卷
学生姓名_________ 学号______________院系___________ 班级
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烟台大学200 ～200 学年第学期
现代物流（双语授课）试卷B
I. Single choice (10points, 1 for each) and Multiple choices ( 2 for each )
( )1. The cost of moving a product back through the system from the consumer to producer may be as much as ________ the cost of moving the same product from producer to consumer.
a. 7 times
b. 8 times
c. 9 times
d. 10 times
( )2. The material manager’s customer is _____________ .
a. The manufacturing or production department
b. The intermediate or manufacturing
c. The final customer or production
d. The intermediate or final customer
( )3.__________ is one of the important transportation
service characteristics affecting customer service.
a. density
b. liability
c. stow-ability d dependability
( )4. _________ can be thought of as the output of the logistics function.
a. distribution
b. customer service
c. order processing
d. inventory level
( )5. Which expressions are correct?
a. The demand for outbound transportation is stable.
b. The demand for inbound transportation is more predictable.
c. Generally the inbound freight is separately calculate
d.
d. firms exercise more control over inbound transport.
( )6. Effective and efficient materials management requires three types of forecast: demand forecast, supply forecast, __________.
a. forward buying
b. price forecast
c. information forecast d customer forecast
( )7. From the Focal Firm’s perspective, a supply chain may include internal functions ,_______________ and downstream customers
a. the reverse networks
b. direct suppliers
c. indirect suppliers
d. upstream suppliers
( )8. It is the ______that is more important to the shipper rather than _______from terminal to terminal.
a. total transit time, the time in transit
b. total transit time, the transit time;
c. the time in transit, total transit time;
d. Total turnover time, the transit time
( )9. Assume that order placed in on day zero, the predicted demand is a constant 25 units per day and the lead time is constant 12
days . If management believes that the maximum variation in demand would be plus or minus 5 units, the safety stock is _________ .
a. 150
b. 60
c. 210
d.. 300
( )10. The functions of warehousing are storage, information transfer and __________.
a. forecasting
b. customer service
c. movement d . inventory
( )11.Management can improve ROA by accomplishing one of the following objectives while holding the others constant?
a. reducing accounts receivable
b. reducing expenses
c. increasing investment in assets
d. increasing sales
( )12. Which of the following are correct about logistical integration?
a. The first stage is materials management
b. When all logistics activities are coordinated within a firm, it’s believed that the Firm has realized the intra-functional integration
c. Companies must integrate their internal logistics operations before realizing external integration
d. The highest level of logistics integration is supply chain integration
( )13. The sourcing problems in international market include__________.
a. license and foreign exchange difficulties
b. the relatively low price
c. political instability or risk
d. quality inconsistency of
certain imported items
( )14. Which of the following are correct about reverse logistics?
a. It includes returns, defectives, packaging material
b. It is an inevitable part of a logistics system
c. it is also known as “environmentally responsible logistics”
d. The costs of returned goods handling are normally high.
( )15. To the purchasing management, ____________
a.the purchasing manager should obtain adequate quality
materials specified by manufacturing with relatively lower price
b. purchasing materials that needlessly exceed quality
specification will add unnecessary
c. the purchasing manager should obtain high quality materials
with higher price
d. the purchasing manager should purchase products at lowest ultimate price with same quality
Ⅱ.Put the following into English or Chinese (20 points, 2 for each)
1.No inventory beyond the average cycle stock is required
2.with cycles of abundance and shortages
3.To offer higher levers of product availability and less chance of a stockout
4.To plan ahead of actual production and delivery date
5. To achieve an optimal trade-off between the costs of the various activities
6.越来越多的企业意识到仅管好自身的企业已远远不够
7.维持库存的费用必须与所实现的生产节省相比较
8.大部分农产品、工业制造品、消费品都是由公路承运的。
9.物流管理者通常更为关心仓储与库存成本，因它们占据了产品价值的较大百分比
10. 以最低成本满足顾客需求
III. Answer the following questions (20points, 5 for each)
1. Why is the inventory control activities so critical?
2. The reasons for forward buying
3. What results can a manufacturer’s decision to sell through wholesalers rather than directly to retailer accounts lead to ?
4. What are the components of order cycle?
Ⅳ. Calculations (30 points, 15 for each)
⒈Suppose the annual demand for the raw material of a processing firm is 8000 tons, the ordering cost per time is 2000 dollars, the unit price for the material is 100 dollars and the inventory carrying cost is 8%, then what is the EOQ? How many orders will be placed per year? points What about the lowest total cost?
2.ABC Co. had a net profit of $200 million and total assets of $4000million, the sales revenues is 5000million . If the company implemented an advanced order processing system, the accounts receivable and inventory would be reduced by $40 million and $60million respectively. Assume the money would be invested in other assets that would generate a return or 20% after taxes, and that the increased communications cost would be $0.4 million, the savings in transportation and warehousing costs would be $0.2 million.
Now please calculate and show how return on assets would be affected by using the new order processing system.
Ⅴ. Answer the following question( 10 points).
How do you understand contemporary logistics management?
烟台大学200 ～200 学年第学期
现代物流试卷B参考答案及评分标准
考试方式：（开卷、闭卷、其他）
院系：经济与工商管理年级：
专业：………………………………………………………………………………
I. Single choices (10points, 1 for each) and Multiple choices ( 2 for each )
1-10 . c a d b b b d a b c
11. a.b.d. 12. b.c.d. 13. a.c.d. 14.a.b.c.d 15. a.b.d
Ⅱ.Put the following into English or Chinese (20 points, 2 for each)
1.不需要平均周期性库存之外的库存；
2.周期性的充裕和短缺；
3.提供高水平的供货，减少缺货的可能性
4.在生产和交货期之前作计划
5.在不同的活动成本之间实现最优化的均衡
6. More and more enterprises realized that it is no enough to manage their own organization.
7. the cost that maintain the inventory must be compared with the savings that realized by production
8. most agricultural products manufactured goods and consumer goods are carried by motor.
9. generally the materials manager is much more concerned with the warehousing and inventory carrying cost because they account for a large percentage of product value.
10. to meet the customer’s requirement at a minimum cost
III. Answer the following questions (20points, 5 for each)
1. The inventory control activity is critical because of the financial necessity of maintaining a sufficient supply of product to meet both customers’ needs and manufacturing requirements.(2分) Maintaining raw materials ,parts, and
finished goods inventory consumes both space and capital. Money tied up in inventory is not available for use elsewhere. It is sufficient to note that inventory carrying costs can range from 14 to 50 percent, depending on the product.（2分）Successful inventory control involves determining the lever of inventory to achieve the desired level of customer service while considering the cost of performing other logistics activities.（1分）
2.There are two major reasons : first, forward buying minimizes the effects of rising material costs. （3分）Second , forward buying provides protection against future
availability problems.（2分）
3. A manufacturer’s decision to sell through wholesaler rather than directly to retail accounts can lead to lower transportation costs (1分) lower inventory carrying cost (1分) lower order processing and handling costs (1分) reduced field warehousing costs (1分) fewer bad debts（1分）
4. What are the components of order cycle?
The typical order cycle consists of the following components: order preparation and transmittal :（1分）order receipt and order entry（1分）, order processing,（1分）warehouse picking and packing（1分）, order transportation , customer delivery and unloading.（1分）
Ⅳ. Calculations (30 points)
⒈Suppose the annual demand for the raw material of a
processing firm is 8000 tons, the ordering cost per time is
2000 dollars, the unit price for the material is 100 dollars and the inventory carrying cost is 8%, then what is the EOQ? How many orders will be placed per year? What about the
lowest total cost?
Q =
CV PD 2==001%8800020002 =2000 tons ( 7 分) 8000/2000= 4 4 orders will be placed per year.（3分）
TC=(2PCD)1/2=(2 ×2000×100×8%×8000)1/2= 16000 dollars （5分）
2. Before the system is changed:
return on assets: 200÷4000×100%=5%（3分）
After the system is changed:
Profit after tax: 200＋(40+60)×20%＋(0.2-0.4)×(1－50%)= 219.9 million （8分）
return on assets: 219.9÷[4000－(40+60)+(40+60)]×100%≈5.5% （4分）
So the system change would cause the corporate
return on net worth to increase from 5 percent to 5.5
percent.
Ⅴ. Answer the following question( 10 points).
Logistics is that part of the supply chain process that
plans, implements, and controls the efficient, effective flow and storage of goods, services and related information from the point-of-origin to the point-of-consumption in order to
meet customers’ r equirements.(2分) It involves many activities, such as procurement, manufacture, distribution, and waste disposal, together with associated transport, storage and information technology , ect. (2分)
Logistics is the third profit source .Successful management of logistics can greatly improve the profitability of one country. (1分) It can enhances the marketing efforts，adds time and place utility. Logistics is a proprietary asset and it allows efficient movement of the goods to the customers. (1分) All the logistics activities should be integrated to removing conflicts from different departments and improving logistics operation efficiency and competitive ability with the whole supply chain. (2分) Cost trade-offs should be made among all components in order to achieve the lowest total logistics cost . (2分)