Question
Domestic water carriers are an important part of our US transportation infrastructure, they are characterized by (choose all that apply): a. Relatively high cost b.
Domestic water carriers are an important part of our US transportation infrastructure, they are characterized by (choose all that apply):
a. Relatively high cost b. Large carrying capacity c. High fuel efficiency d. Have limited accessibility e. None of the above
When choosing domestic water freight versus over the road carrier, it is important to be aware that water freight (choose one answer):
a. Typically allow the shipper to send larger and more bulky items than over the road carrier b. Is likely to arrive to the destination faster than with an over the road carrier c. Require some special packaging considerations for sensitive goods d. A and B e. A and C
The cost structure for pipelines are characterized by (choose one):
a. High variable costs and high variable costs b. Low variable costs and low fixed costs c. High variable costs and low fixed costs d. Low variable costs and high fixed costs e. Variable and fixed are about the same
Some advantages of pipelines vs other modes of transportation include (choose one answer):
a. Low overall cost relative to competitive options b. Product is rarely lost or damaged in transit c. High delivery speed to end customer d. A and B only e. B and C only
When considering a 3PL relationship to support your supply chain, cost is often a consideration. But what are some other potential advantages? Choose one answer.
a. I get to exercise more control over my supply chain b. Gain capacity to support my business c. Get access to better supply chain IT solutions d. A and B e. B and C
Under what conditions might I be more likely to select a 3PL supply chain solution? Choose one answer.
a. My company does not have much expertise in supply chain management b. My product is a commodity and not particularly unique c. I need to expand, and I do not have much capital to invest in infrastructure d. A and B e. A, B, and C
If my shipments to customers continue to be returned due to product damages, it is most likely a carrier concern and the only reasonable approach is the find another carrier.
a. True b. False
When dealing with potential weather events, which of the following are potential strategies you could take? Choose all that apply.
a. Try to ship to all customers so they dont complain b. Work with customers to increase the overall safety stock they are holding c. Prioritize production to focus on the key items that will be purchased d. Communicate less frequently to keep the customers from getting frustrated e. None of these are good approaches
In a major weather event, what is the top priority? Choose one.
a. Managing costs b. Shipping orders c. Generating maximum revenue d. Making all your customers happy e. Safety of your people
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
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
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
Which of the following is an impact that transportation provides for our broader society? Choose all that apply.
a. Helps keep land valuations lower b. Enhanced tourism activity c. Workforce mobility improvement d. Reduces the growth of suburban areas of major cities e. None of the above
The railroad industry is different than the over the road truck carrier market in what ways? Choose all that apply.
a. Railroad has lower fixed costs than truck carrier shipments b. Railroad is considered to be more fuel efficient than truck carrier shipments c. Railroad shipments have a shorter transit time d. On time delivery performance is typically higher for railroad vs truck carrier shipment e. None of the above
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