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20. Which of the following are reasons that the government is so heavily involved in the transportation industry in the US? Choose one. a. Capital
20. Which of the following are reasons that the government is so heavily involved in the transportation industry in the US? Choose one. a. Capital investments are too high for most private companies b. Governments are typically more innovative than private firms c. Help to ensure rural areas continue to be serviced d. A and C e. B and C 21. If you are considering whether or not to purchase cargo insurance for freight in international waters, which of the following would influence you to purchase insurance for an individual shipment? Choose all that apply. a. I am a large multi-national company in good financial position b. The economic impact to your business is relatively small c. Losing the freight will cause my production plants to shut down for two weeks d. The freight is very sensitive to damages e. The freight has a high dollar valuable 22. If you have a warehouse with a 10,000 pallet capacity how many pallets would you expect to be a maximum you would want to hold at any one time to avoid impacting your productivity? Choose one. a. 10,000 b. 5,000 c. 7,500 d. 8,500 e. 9,000 23. When considering a new location as part of a network redesign, which of the following would influence you to not choose a particular location? Choose all that apply. a. The raw material vendors you use are close by b. The site is far away from most of your customers c. The labor in the area is well trained and available d. State government dictates how much electricity you can use e. The area has good access to freeways, ports, railroads and air freight
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