Question 1

What percentage of vessel traffic using federal and state locks experience delays?

Accepted Answer

A)   45%
B)   31%
C)   62%
D)   12% B

Question 2

Discuss issues with supply and demand of fuel.

Accepted Answer

Since the embargos of the 1970s the world has been on notice with respect to the supply of crude oil and its continuing demand.Demand has been growing steadily and has outpaced discoveries of new sources of supply until recently.This issue was further complicated by the fact that crude is produced in distant countries,yet a disproportionate amount of demand is in the U.S.
These supply and demand complexities has resulted in the price of crude increasing 113 percent between 2005 and 2008.During 2008 crude hit a high of $137.11 a barrel.And while the global recession has abated those price increases most are convinced that as the economies recover so will the price of crude.
New technology has allowed companies in the US and Canada to drill in areas not considered economically viable in the past.This has changed the dynamics of the oil industry increasing output and lowering cost.

Question 3

Spending on necessary rail infrastructure is underfunded how much?

Accepted Answer

A)   6%
B)   18%
C)   28%
D)   8% A

Question 4

The cost of congestion on the highways to the U.S.Trucking Industry is about?

Accepted Answer

A)   $1 billion/year
B)   $5 billion/year
C)   $50 billion/year
D)   $7 billion/year

Question 5

Which mode is the most intensive user of fuel?

Accepted Answer

A)   Truck
B)   Air
C)   Rail
D)   Water

Question 6

What causes profits to increase for rail carriers as fuel prices increased?

Accepted Answer

A)   Use of bulk purchases
B)   Reduction of container on flatcar
C)   Reduction of trailer on flatcar
D)   None of the above

Question 7

One of the positive effects of higher fuel prices is a reduction of fuel consumption and subsequently a reduction in ____?

Accepted Answer

The answer of One of the positive effects of higher...

Question 8

What are the goals of the Smart Way Transport Partnership?

Accepted Answer

The answer of What are the goals of the Smart...

Question 9

How have carriers responded to the fuel issue and sustainability?

Accepted Answer

A)   Service capacity and network optimization
B)   Operational efficiency
C)   Technology
D)   All of the above

Question 10

What was the primary response of carriers when dealing with fuel price increases?

Accepted Answer

A)   Increase rates per pound of cargo
B)   Use of fuel surcharges
C)   Reduction of capacity
D)   Increasing capacity

Question 11

In transportation,this axiom "Don't Ship Air" refers to:

Accepted Answer

A)   Bubble wrap
B)   Empty Barrels
C)   Air Balloons
D)   Empty space in equipment

Question 12

What percentage of vessels on the U.S.Inland Waterway System experience delays?

Accepted Answer

A)   About 10%
B)   About 20%
C)   About 30%
D)   About 40%

Question 13

The most important aspect of collaboration is sharing:

Accepted Answer

A)   Costs
B)   Risk
C)   Information
D)   Customers

Question 14

It is estimated that by 2035 congestion will occur on?

Accepted Answer

A)   20,000 miles of the Interstate Highway System
B)   5,000 miles of the Interstate Highway System
C)   50,000 miles of the Interstate Highway System
D)   10,000 miles of the Interstate Highway System

Question 15

Describe waterway congestion and the role of infrastructure.

Accepted Answer

The answer of Describe waterway congestion and the role of...

Question 16

What is meant by the term,carbon footprint?

Accepted Answer

A)   Truck length
B)   Fuel consumption
C)   Number of accidents / year
D)   CO2 emissions

Question 17

What is meant by green supply chain?

Accepted Answer

The answer of What is meant by green supply chain?...

Question 18

Discuss the cost of congestion in the transportation system?

Accepted Answer

The answer of Discuss the cost of congestion in the...

Question 19

Why is the number of truck drivers expected to decrease?

Accepted Answer

The answer of Why is the number of truck drivers...

Question 20

How many commercial vessels pass through locks on the Inland Waterway System in the U.S.?

Accepted Answer

A)   100,000-150,000
B)   50,000-75,000
C)   over 1,000,000
D)   500,000-550,000

Exam 14: Issues and Challenges of Global Supply Chains