BIA 674-WS Quiz 11: Key Concepts in Transportation Cost

12/2/23, 12:57 PM M11.C1A: Quiz 11: 2023F BIA 674-WS M11.C1A: Quiz 11 Due Dec 3 at 11:59pm Points 100 Questions 10 Time Limit 30 Minutes Allowed Attempts 2 Instructions This quiz consists of multiple-choice and true/false questions. To be successful with the module quizzes, it's important to read the text and complete the practice exercises. Keep the following in mind: Multiple attempts: You will have two attempts at this quiz, with your highest score being recorded in the grade book. Timing: You will need to complete each of your attempts in one sitting, and you are allotted 30 minutes to complete each attempit. Answers: You may review your answer choices and compare them to the correct answers the day after the quiz due date. To start, click the Begin button. When finished, click the Submit button. Take the Quiz Again Attempt History Attempt Time Score LATEST Attempt 1 4 minutes 100 out of 100 (@ Answers will be shown after your last attempt Score for this attempt: 100 out of 100 Submitted Dec 2 at 12:57pm This attempt took 4 minutes. Question 1 10/ 10 pts Transportation plays a key role in every supply chain because products are usually produced and consumed in the same location. https://sit.instructure.com/courses/68393/quizzes/98643 1/5

12/2/23, 12:57 PM M11.C1A: Quiz 11: 2023F BIA 674-WS True False Question 2 10 /10 pts A distributor makes investment decisions regarding the transportation infrastructure and then makes operating decisions to try to maximize the return from these assets. True False Question 3 10/ 10 pts A carrier uses transportation to minimize the total cost (transportation, inventory, information, and facility) while providing an appropriate level of responsiveness to the customer. True False Question 4 10/ 10 pts Transportation is a significant component of the costs incurred by most supply chains. https://sit.instructure.com/courses/68393/quizzes/98643 2/5

12/2/23, 12:57 PM M11.C1A: Quiz 11: 2023F BIA 674-WS True False Question 5 10 /10 pts The vehicle-related cost is incurred whether the vehicle is operating or not and is considered fixed for short-term operational decisions by the carrier. True False Question 6 10/ 10 pts A carrier's decisions are affected by the prices that the market will bear, but not the responsiveness it seeks to provide its target segment. True False Question 7 10/ 10 pts Transportation cost depends on the prices offered by different carriers and the extent to which the shipper uses inexpensive and slow, or expensive and fast, means of transportation. True https://sit.instructure.com/courses/68393/quizzes/98643 3/5

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12/2/23, 12:57 PM M11.C1A: Quiz 11: 2023F BIA 674-WS False Question 8 10/ 10 pts Rail is the dominant mode of freight transportation in the United States and accounts for over 75 percent of the nation's freight bill. True False Question 9 10/ 10 pts Quasi-market prices for transportation infrastructure result in higher prices at peak locations and times and lower prices otherwise. True False Question 10 10 / 10 pts A milk run is a route in which a truck either delivers product from a single supplier to multiple retailers or goes from multiple suppliers to a single retailer. True False https://sit.instructure.com/courses/68393/quizzes/98643 4/5

12/2/23, 12:57 PM M11.C1A: Quiz 11: 2023F BIA 674-WS | Quiz Score: 100 out of 100 https://sit.instructure.com/courses/68393/quizzes/98643 5/5

quiz 11

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