b) Fourth-Party Logistics (4PL), referring to integrated supply chain management solutions
provided by a higher-level logistics service provider.
c) Short-term contract, signifying agreements with a limited duration, usually lasting for lessthan
a year.
d) Long-term contract, indicating agreements established for an extended period, often
exceeding one year, to facilitate continuous business operations and partnerships.
1.8. Which of the following options is not considered a category of inventory types within supply chain
management?
a) Raw materials, representing the basic components used in the manufacturing process.
b) Parts/equipment, referring to components or tools utilized for assembly or maintenance.
c) Finished goods, denoting products that have completed the manufacturing process and are
ready for sale.
d) Legal goods, indicating products or items that comply with all legal regulations and standards.
1.9. Namibia's corridors border with the following countries, except:
a) Botswana
b) South Africa
c) Tanzania
d) Zambia
1.10. Which of the modes of transport is not available in Namibia?
a) Rail transport
b) Water transport
c) Pipeline transport
d) Air transport
QUESTION 2: TRUE/FALSE
2X10= 20 MARKS
State whether the following statements are true or false.
2.1. Inbound transport involves transferring vehicles that take pallets or break-bulk units from the
warehouse to the production line and then taking the finished goods from the final production to
the finished goods depot.
2.2. Logistics management activities typically include inbound and outbound transportation
management, fleet management, warehousing, materials handling, order fulfilment, logistics
network design, inventory management, supply/demand planning, and management of third-
party logistics service providers.
2.3. The Namibia Port Authority mainly handles local cargo since it cannot handle cargo in transit to
other states.
2.4. The characteristics of inventory handling are the cycle of stock, dead stock, seasonal stock, non-
conformance stock, anticipation stock, and promotional stock.
2.5. Random demand, predictive demand, and fast and slow demand are not part of the three
significant categories of demand and inventory.
2.6. Organisations keep inventory partly to compensate for the shutdown that is likely to occur in
production.
2.7. Procurement should support operations with a satisfactory flow of goods and materials based on
market conditions.
2.8. Logisticians provide essential information that enables goods' speedy and accurate movement to
the front line.
2.9. The warehouse is a valuable asset for a firm.
2.10. The Trans-Oranje Corridor (previously known as the Southern Extension) is a tarred road
linking the Ports of Walvis Bay and Luderitz with the Northern Cape Province of South Africa.
3