QUESTION 25Choose the best answer. Role and perspective of participant, Agents: Desires a stable and efficient transportation environment to support economic growth Brokers and freight forwarders facilitate carrier and customer matching Concerned with transportation accessibility, expense, and standards for security, safety, and the environment A desire to maximize their revenue for movement while minimizing associated costs A common interest in moving goods from origin to destination within a given time at the lowest costQUESTION 26Choose the best answer. Role and perspective of participant, Government: Desires a stable and efficient transportation environment to support economic growth Concerned with transportation accessibility, expense, and standards for security, safety, and the environment A desire to maximize their revenue for movement while minimizing associated costs Brokers and freight forwarders facilitate carrier and customer matching A common interest in moving goods from origin to destination within a given time at the lowest cost0.5 points QUESTION 27Choose the best answer. Economy of scale: The cost per unit weight decreases as distance increases The movement of inventory to specified destinations Is captive in the transport system Occurs when a shipment destination is changed after a product is in transit The cost per unit weight decreases as the size of the shipment increases0.5 points QUESTION 28Choose the best answer. Rail: The oldest form of transport Accounts for about 68 percent of all crude and petroleum ton-mile movements Has expanded rapidly since the end of World War II The newest and least utilized transport mode for freight Historically, handled the largest number of ton-miles within North America

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Answered: Choose the best answer. Role and…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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QUESTION 25

Choose the best answer. Role and perspective of participant, Agents:

		Desires a stable and efficient transportation environment to support economic growth
		Brokers and freight forwarders facilitate carrier and customer matching
		Concerned with transportation accessibility, expense, and standards for security, safety, and the environment
		A desire to maximize their revenue for movement while minimizing associated costs
		A common interest in moving goods from origin to destination within a given time at the lowest cost

QUESTION 26

Choose the best answer. Role and perspective of participant, Government:

		Desires a stable and efficient transportation environment to support economic growth
		Concerned with transportation accessibility, expense, and standards for security, safety, and the environment
		A desire to maximize their revenue for movement while minimizing associated costs
		Brokers and freight forwarders facilitate carrier and customer matching
		A common interest in moving goods from origin to destination within a given time at the lowest cost

0.5 points

QUESTION 27

Choose the best answer. Economy of scale:

		The cost per unit weight decreases as distance increases
		The movement of inventory to specified destinations
		Is captive in the transport system
		Occurs when a shipment destination is changed after a product is in transit
		The cost per unit weight decreases as the size of the shipment increases

0.5 points

QUESTION 28

Choose the best answer. Rail:

		The oldest form of transport
		Accounts for about 68 percent of all crude and petroleum ton-mile movements
		Has expanded rapidly since the end of World War II
		The newest and least utilized transport mode for freight
		Historically, handled the largest number of ton-miles within North America

Definition Definition Increase in the amount of goods and services produced by a country in a given period of time compared to an earlier period. Economic growth is generally coupled with a rise in national income or the purchasing power of individuals. It is often measured in terms of the increase in a country's gross domestic product (GDP), or the overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period.

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