Quiz 1 and 2

Which of the following statements are NOT TRUE about Transportation Planning and Strategy?

Assigning functional responsibilities on both buyer and seller sides is the first step of Transportation planning.

Time Utility and Place Utility are typically created through the basic Marketing activities.

False

Truckload (TL) carriers move multiple shipments while Less-than-truckload (LTL) carriers deliver single shipments and provide direct service.

False

In Transportation Planning and Strategy, modal selection requires more active and frequent engagement of the transportation buyer than carrier selection.

True

Motor carrier costs are predominantly variable.

True

Operations Management deals with within-firm activities while Supply Chain Management focus more on between-firm (Inter-firm) activities.

True

Transportation availability is important to demand fulfillment in the supply chain.

True

Business Logistics and Military Logistics basically have the same primary goals.

True?

Companies moving to overseas locations to obtain raw materials is an example of "Resource" seeking motivation for globalizing their supply chains.

True?

"_______________________" lease ships to customers on a trip or time basis follow routes of customer's choosing.

Charter Services

Which of the following statements is NOT TRUE about Intermodal Transportation?

Development of standardized containers has contributed to increase in logistics activities using intermodal transportaion.????

Which of the following statement is NOT TRUE about different approaches for analysis of logistics sytems?

Different perspectives of logistics managers on logistics systems can result in different analysis and evaluation of logistics systems.???

Which of the following statements is TRUE about Logistics and System Analysis methods?

Long-run analysis examines a logistics system over a long time period or range of output.???

Which of the following transportation modes is the most appropriate for high-value and low-weight, or perishable food products?

Motor Carriers

Which of the following statements are TRUE about Pipeplines?

Pipelines are the most popular transportation mode for freight shipments in the U.S. because they can access all shipping and receiving locations.???

Which of the following statements is TRUE?

Policy changes and political issues impact on businesses but do not necessarily drive changes in supply chain management.???

Which of the following is supply chain flow(s)? Select all that apply.

Product Flows, Information Flows, Finance Flows

Which of the following statements is NOT TRUE about factors that impact cost and importance of Logistics?

Special handling requirements such as refrigeration can increase logistics cost.???

As the dollar value of a product increases, transportation and packaging costs typically __________________.

increase