MindTap Business Statistics for Ragsdale's Spreadsheet Modeling & Decision Analysis, 8th Edition, [Instant Access], 2 terms (12 months)
8th Edition
ISBN: 9781337274876
Author: Cliff Ragsdale
Publisher: Cengage Learning US
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- Pipelines account for more than 20 percent of the intercity ton-miles but less than5 percent of the revenue paid by shippers to transportation companies. What factorsaccount for this contrast? Is this situation likely to change? Why or why not?arrow_forwardThis page is related to Transportation and freight forwarding Project two Dalia, the CEO of ExpressMove, a 3PL, provides trucking-based transportation services as well as warehousing and distribution centres. The main focus of her company is on providing freight management and contract logistics. However, ExpressMove is a 3PL that does not own assets, so the managed services are provided by other providers. According to Dalia, the core competence of ExpressMove is in innovation, tech, people, and building and managing great relationship with both suppliers and customers. Dalia is considering a move to 4PL to serve a select set of customers. She has supply chain planning service in mind. This would be added to the more traditional services they are offering as a 3PL such as transportation and contract logistics. She believes that the next logical step for her company, given her track-record with the great customer service they are offering, would be towards a more consultation role,…arrow_forwardHow can the growth of intermodal transportation affect the product’s supply and demand? Discuss the major points of the article. How do transportation costs affect others? Please be specific. Discuss increases and decreases in supply and demand.arrow_forward
- Although better transit networks have economic benefits, there could be certain environmental costs associated with them. What are the big environmental costs of shipping, and what are the future harmful consequences?arrow_forwardDiscuss the length of haul and carrying capacity of the air carriers. Explain how they both favor and hinder air carriers from a competitive standpoint.arrow_forwardAs a supply chain and logistics management student, you have completed key aspects of the discipline throughout your qualification, namely, management, logistics, procurement, sustainability, warehouse and inventory management. This question requires you to reflect on your knowledge and understanding of transportation management as a component of supply chain management. You are required to write a one-page report where you reflect on: Your experience of learning the discipline of transportation management. Which areas of this module did you find most interesting to learn about? Have you learned anything interesting from a SADC perspective? Which areas of this module did you find most challenging to learn about? Why? What are some of the skills you have learned thus far (i.e., reflection, critical thinking, technology, artificial intelligence – or any other) that you believe will be able to assist you once you have graduated? In your opinion, based on what you have learned, do…arrow_forward
- Explain why smaller shipments are challenging to transportation managersarrow_forwardWhat are the major trends and issues in ocean transportation? How does this impact global supply chain operations?arrow_forwardTourism and Cruise Shipping are critical industries to the economy of Jamaica and the wider Caribbean Region. Identify the maritime security threats that are commonly found in ports/harbours that serve the tourism industry and carefully explain the measures that can be put in place to mitigate against them.arrow_forward
- How do you think an intermodal transport system can make freight transport more efficient?arrow_forwardREAD THE PASSAGE CAREFULLY! Answer: What have you learned from the passage? What are your suggestions? The major purpose of transportation is to make food products useful by Transporting them from the farm or processor to the customer. In transporting food products, the primary concerns are the cost and the time it takes to move them from the farm to the processing and consuming centers. Transportation time and costs influence the location of production centers, the market area served, the qualities and sizes of products shipped to market, the form in which they are marketed, and the kind and type of transportation service used. There are listed effects of transportation cost. These are: 1. Location of production Conventionally, the location of production and the specialization in farm production are explained by the principle of comparative advantage. However, comparative advantage has been shown to be unstable, and shifts in production have changed over time. 2. Market area served.…arrow_forwardThe Winston Company has four distribution centers (A, B, C, and D) that require 40,000, 60,000, 30,000, and 50,000 gallons of de-ionized water, respectively, per month for cleaning their long-haul trucks. Three de-ionized water wholesalers (1, 2, and 3) indicated their willingness to supply as many as 50,000, 70,000, and 60,000 gallons, respectively. The total cost (shipping plus price) of delivering 1,000 gallons of de-ionized water from each wholesaler to each distribution center is shown in the following table: Distribution Center Wholesaler A B D $1.90 $1.90 $1.70 $1.60 $1.70 2 $1.40 $1.60 $1.70 3 $1.60 $1.50 $1.80 $1.40 a. Which of the following statements regarding setting up the tableau for the optimal solution for this problem is true? O A. The sum of supply capacities is greater than the sum of demands, so a dummy distribution center is needed. O B. The sum of supply capacities is less than the sum of demands, so a dummy wholesaler is needed. O C. The sum of supply capacities…arrow_forward
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