Chapter 10, Problem 4SQ

Explain THREE (3) types of risk by providing relevant examples in the logistics industry.

Give two examples of how transportation management is applied or enforced and define transportation management.

Describe the three types of strategies that a company can deploy to proactively limit its transportation risks.

How are individual states involved with transportation regulation?

What role does the government play in air travel? In your response, include both economic and safety rules.

Define transportation management and offer two examples of how it is implemented or enforced.

A. An Electrical Company has three workshops in Koforidua, Accra and Kumasi. These workshops produce the following quantities of electric fan. Workshops Monthly production (units) Koforidua 130 Аccra 70 Kumasi 100 The monthly demand for these fans in three towns: Sunyani, Cape Coast and Ho is given below: Destination Weekly Demand (units) Sunyani 80 Саре Сoast 110 Но 60 The unit transportation costs per unit (in GH¢000) from the sources to the destinations are as shown: To From Sunyani Саре Сoast Но Koforidua 9. 14 12 Accra 11 10 6. Kumasi 12 15 00

Pick three modes of transportation, name the government agency in your country responsible for safety regulations for each of the modes that you have picked, and provide a safety-related role or responsibility for each mode.

Give 2 examples of how transportation management is applied  and define transportation management.