Question 41, Question 42, Question 43, Question 44, Question 45, Question 46, Question 47, Question 48, Question 49, Question 50, Question 51, Question 52, Question 53, Question 54, Question 55, Question 56, Question 57, Question 58, Question 59, Question 60, Question 61 40. Which mode of transport is most ideal for moving low value raw materials, bulk commoditiesand containerized finished goods?(a) Air(b) Rail(c) Road-(d) Water41. Outbound transportation costs tend to bec higher than inbound transportation cost because theinbound lot sizes are typically(a) Equal in size(b) Larger(c) Smaller(d) All of the above42. Supply of transport can be defined as theof transport infrastructure and modesover a geographica!ly defined transport system and for a specific period.(a) Ability(b) Capacity(c) Management(d) Willingness43. The most suitable mode of transport for transporting time sensitive and perishable goods is:(a) Air transport(b) Rail transport(c) Road transport(d) Water transportPage 7 of 16Pew IDL/supp/ 6 30-19iseter hen44. Cnder retail storuge with custorner pickup, devery unte are reduced natother networks.(a) Performance(h) Product availability(c) Responve time(d) Order visibility45. When goods are transported FOB origin, Freight colict, whu uitimately bears the ua?(a) Buyer(b) Seller(c) Shipping line(d) Transport broker46. A passenger of a transport service decides to purchase transport services fromm anaherprovider. The cross elasticity of demand between the two transport services wiil be:(a) Positive(b) Negative(c) Positive or negative(d) Zero47. Under which distribution network strategy is inventory stored at the manufacturr distributorwarehouse and customers have to place orders ar.d go there to pick it up?(a) Manufacturer/distributor storage with customer pickup(b) Distributor storage with carrier delivery(c) Distributor storage with last-mile delivery(d) Manufacturer storage with direct shipping and in-transit merge48. To improve safety in the transportation and distribution networks, a number of approaches canbe adopted. Which of the following is not one of them?(a) Adopting safe systems(b) Adopting safe methods(c) Adoptir.g safe behaviour(d) Implementation of spot fir.es49. The following are determinants of price eiasticity(a) Availability of different modes of transport(b) Degree of necessity of the service(c) Habit formation(d) Width of transport vehicledemand for transport services except.50. When goods are transported FOB origin, Freight prepaid, who owns the goods in transit?(a) Buyer(b) Seller(c) Shipping line(d) Transport broker S1. The idea that whatever modes of transport we have should operate as one smooth system forthe benefit of the fare paving customer is referred to as:(a) Transport smoothing(b) Transport integration(c) Transport operations(d) Transport planning52. A transport service company that provides services to both shippers and carriers is called:(a) Transport broker(b) Freight forwarder(c) Common carrier(d) Contract carrier53. Transportation from the position of the manufacturer deals with:(a) Inbound activities and upstream logistics(b) Inbound and outbound logistics(c) Inbound logistics and upstream activities(d) Inbound and upstream logistics54. Which of the following is not a challenge to the ability of transportation to carry out its role?(a) Adequate information availability(b) Competing goals among supply chain partners(c) Changing customer requirements(d) Supply chain complexity55. When goods are transported FOB origin, Freight prepaid, who selects and pays carrier?(a) Buyer(b) Seller(c) Shipping line(d) Transport broker56. Packing for the containment and protection of goods during handling, storage, andtransportation in the physical distribution process is known as:(a) Distributive packaging(b) Industrial packaging(c) Logistics packaging(d) Transport packaging57. A company that offers their services to any shipper to transport goods usually at pre-determined rates between specific points is referred to as:(a) Transport broker(b) Freight forwarder(c) Common carrier(d) Contract carrier58. The function of packaging that is meant to provide customers with information about theproduct and promotes that product through the use of colour and shape is known as:(a) Distributive function(b) Logistics function(c) Marketing function(d) Supply chain functionPage 9 of 16Pcw IDLsupp/636-1959. When goods are transported FOB origin, Freight prepaid and charged back, who selects andpays carrier?(a) Buyer(b) Seller(c) Shipping line(d) Transport broker60. The following can be transported by the pipeline except:(a) Leporine(b) Natural gas(c) Petroleum(d) Slurry(a) acts as an insurance cover for the for the good the shipper tenders to the carrier(b) originates the shipment(c) provides all the information the carrier needs(d) stipulates the conuraT K,61. In freight documentation, the bill of ladingliahility for loss and damage

Transportation cost is a significant component of cost for the acquirement of materials for creation…

Answered: (d) Water 41. Outbound transportation…

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...