Exam 9: Domestic U.S.and Global Logistics

Some of the e-commerce related services that transportation companies offer nowadays to remain competitive include allowing customers to plan itineraries,get freight quotes,and track shipments online.

The primary difference between FOB origination and FOB destination is that FOB destination requires that the supplier legal own the product until it reaches the destination; in FOB origination the buyer takes ownership immediately and is thus responsible for arranging delivery.

According to the text,a warehouse location strategy that proposes locating a warehouse closest to the sources of supply is referred to as:

Public warehouses can provide a wide range of services.Which of the following is NOT one of the services offered by public warehouses?

A shipment that originates in Los Angeles and is placed inside a sealed standardized 8' by 8' by 20' container attached to a truck trailer and is moved from Los Angeles to Phoenix where the container is then moved to a railcar for final shipment to Denver where it would then be loaded onto another truck trailer would be considered an intermodal shipment since the container remained sealed throughout the shipment.

According to the text,currently the three largest private warehouse operators in North America are:

Which of the following carriers typically transports goods for the company that owns the carrier,they are not subject to economic regulation,and since the fleets are rather large the cost of transport is very likely less than if the company had hired another company to provide the service?

A small LTL shipment that originates on a truck in Los Angeles and is moved from Los Angeles to Phoenix where it is unloaded and put onto another truck for final shipment to Denver would be considered an intermodal shipment since it utilizes more than one vehicle during shipment.

As a logistics specialist for your organization you are being asked to develop a model,which will aid your company in future global expansion projects. Answer the following questions as part of your initial step in developing a helpful model. •List 5 key components of the local infrastructure that must be investigated before committing to expansion? Why are these important? •Provide 3 aspects of government relating to logistics that need to be considered before committing to expansion?

In cost-of-service pricing,the cost of shipping increases proportionally with distance.

The Department of Transportation was created by the 1920 Transportation Act.

Limitations of air carrier transport include cost and airport accessibility.

The responsibility of transportation is to create both time utility and place utility,which means that products will be delivered at precisely the right time to the desired location.

The supply chain management element that plans,implements,and controls the efficient,effective forward and reverse flow and storage of goods,services and related information between the point of origin and the point of consumption in order to meet customers' requirements is also referred to as:

Does risk pooling favor a centralized or decentralized warehousing system? Why?

The first major transportation regulation in the U.S.was which of the following:

With FOB pricing,a supplier is the legal owner of a product until the product reaches its destination.

When a supplier provides a price quote to a buyer for supplies that includes transportation to the buyer's location this is known as FOB destination pricing,or free on board to the shipment's destination.

International intermediaries can provide shipping,consolidation,and other import and export services.Some examples of these international intermediaries include: foreign freight forwarders,NVOCCs,FTZs,and TOFCs.

The acts of receiving shipments,breaking down shipments,repackaging shipments,and distributing components to a manufacturing location or finished products to customers by a distribution center is referred to as: