Exam 9: Domestic Usand Global Logistics

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:

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?

Limitations of air carrier transport include cost and airport accessibility.

According to the textbook, the largest ocean containerships can carry how many twenty-foot containers?

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

Which of the following types of warehouses takes a large number of LTL shipments and repackages them in TL or CL quantities to a manufacturer or user-facility located in another area or region?

The following are all examples of lean warehousing capabilities EXCEPT:

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.

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.

What does LTL stand for in the transportation industry?

Generally speaking, rail carriers are less expensive than motor carriers.

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

What is the abbreviation for a truck trailer which is placed on a flat railcar that would then be pulled by a train engine?

Which of the following is NOT consistent with a decentralized warehousing system?

According to the text, FOB destination pricing is typically preferred for all of the following EXCEPT:

According to the textbook, the five basic modes of transportation are motor, rail, air, water, and cyberspace.

While transportation regulation and deregulation both have their supporters, proponents of regulation consider it to be good since it is said to encourage competition and allows the negotiation of prices to dictate market costs.

Which of the following modes of cargo transport can be characterized as being the most inexpensive and very slow, yet good for transporting very heavy goods a long-distance?

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: