Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

how do i respond to member discussion? Looking at passenger, freight and information transportation networks. Some of the factors that affect these functions is cost,

how do i respond to member discussion?

Looking at passenger, freight and information transportation networks. Some of the factors that affect these functions is cost, speed, and security. Cost is probably the most impactful variable, due to the fact that cost determines how individuals and companies will interact with that mode.

Passengers (for the most part) will shop for the lowest fares, as well as the most reasonable route. Freight managers will also be looking at cost to move product, which method is most reasonable, such as land vs. rail vs. air vs. maritime. As well as which combination (if any) would be acceptable, to move those products. Security is all so a factor; logistic managers need to ensure that their freight moves safely and securely through all areas of the transport. Information also has many of the same attributes. Cost of constructing and maintaining fiber optic lines and adding and replacing access points (for reliability of the information transmitted) along roadways, and inside of communities.

In my experience, one can see this all the time. When travelling I think is reasonable to take in consideration the distance traveling, if you are traveling by vehicle what the fuel cost will be. What routes you will take that have the most economically sound hotels and restaurants. If I'm looking to ship an item or make a large purchase, it important to look at the cost of the freight, how heavy is it. As a personal lesson learn, I ordered a treadmill, and it came packaged on a pallet and was very difficult to move without assistance, or an apparatus. The cost of shipping was much less by land that if it was shipped by air, simply due to the dimensions and weight which all played a factor.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management A Managerial Approach

Authors: Jack R. Meredith, Samuel J. Mantel Jr.

8th edition

470533021, 978-0470533024

More Books

Students also viewed these General Management questions

Question

8 for 0 Answered: 1 week ago

Answered: 1 week ago

Question

What do I enjoy doing? What kinds of skills does this require?

Answered: 1 week ago