CR4_Ch8_Transportation
FOB origin is the simplest way to _____ price.
quote
The land bridge concept is based on ____ the of ocean and rail combinations that utilize a single tariff, which is lower than the combined total cost of two separate rates.
benefit
Once a classification rating is obtained for a product, what must then be determined? Multiple choice question. The dimensions The discount The rate
the rate
Which of the following is not a primary factor of transportation economics and pricing? Multiple choice question. Weight Distance Costs Density
costs
The main advantage of water transport is the capacity to transport extremely _____ shipments.
large
true or false: Transportation only provides one major logistical service.
false two
Under FOB origin the seller indicates the price at point of origin and agrees to tender a shipment for transportation loading. However, what are their other responsibilities? Multiple choice question. None
none
Expenses that do not change in the short run and must be paid even when a company is not _____ are fixed costs.
operating
The freight bill represents a carrier's method of charging for transportation services ____
performed
_______ planning considers the quantity and timing of orders to facilitate consolidated freight movements. ____ consolidation is the idea of the proactive alignment of two or more vendors whose freight characteristics combine to create efficiency.
preorder, multivendor
the freight bill may be paid in either _______ or _______. Multiple select question. prepaid collect charged loans
prepaid collect
Carrier bill payment and auditing frequently use information provided from the TMS database to ensure the carrier bill is presented at the _______ and _______ agreed upon during negotiation. Multiple select question. terms procedure policy rates
rates, terms
The transportation savings in moving a single consolidated shipment versus multiple individual shipments are typically sufficient to pay for the necessary handling and local delivery, while achieving significant total cost ____ .
reduction
Shippers can reduce their _____ , and ultimately transportation cost, by improved packaging or reducing susceptibility to loss or damage.
risk
Who may also use a for-hire carrier or an integrated service provider to perform merchandise pickup? Multiple choice question. Buyer
buyer
To whom are costs often allocated to? Multiple choice question. Retailers Consumers Shippers
shippers
Buyers paying a single price regardless of where they are located is referring to which zone price? Multiple choice question. Multiple Single Base-point
single
From an operations perspective, the TMS includes key functionality such as equipment scheduling and yard management, load planning, shipment routing, and ____ and _____.
track, trace
The bill of lading is the basic document utilized in purchasing which type of service? Multiple choice question. Auditing Transport Manufacturing
transport
The primary difference between FOB and delivered pricing is that in delivered pricing the seller establishes a price that includes ____
transportation
The average age of America's bridges keeps going up, and many of the nation's bridges are approaching the end of their design life. True false question.TrueFalse
true
A reactive approach to consolidation does not attempt to influence which of the following within transportation movements? Multiple choice question. Customer handling Logistic management Composition and timing
Composition and timing
Cost allocation is primarily a ____ concern, but since cost structure influences negotiating ability, the shipper's perspective is important as well.
carrier
Another transport service having storage implications is diversion, which occurs when the original shipment destination is _____ after a product has been shipped.
changed
Which administration oversees and handles shipments that are classified as over, short and damage? Multiple choice question. Auditing Claims Payment
claims
The Motor Carrier Act of 1980 and the Stagger Rail Act together were ____ enactments in transportation to stimulate competition, promote efficiency and revitalize the industry.
deregulated
The consolidation effort reacts to shipments as they come and seeks to combine individuals orders into larger shipments to gain ____
efficiency
Transportation economics and pricing are driven by multiple factors that ___ rates.
influence
The primary advantage of IT services is the ability of carriers to share real-time ___ with their company and their customers.
information
The bill of lading serves as a ____ and documents products and quantities shipped.
receipt
The traditional approach to freight consolidation was to combine LTL or parcel shipments moving to a which of the following? Multiple choice question. Secluded location Specific location General location
general location
The term class rate evolved from the fact that all the products transported by common carriers are classified for _____ purposes.
pricing
True or false: Proper yard management requires careful planning, equipment utilization, and driver scheduling. True false question.TrueFalse
true
Without reliable transportation, what will most commercial activity not be able to do? Multiple choice question. Function Trade Charge
Function
Pipelines can operate 24 hours a day and 7 days a week. In addition to commodity changeover, what else are pipelines' limitations? Multiple choice question. Maintenance Design Location
Maintenance
Which of the following are not considered special rates and services? Multiple choice question. Transit services Local rate Diversion and reconsignment Freight-all-kind Split delivery Quality and cost
Quality and cost
Coast-to-coast shipment requires only hours as opposed to days via other modes of transport. Thus, the main advantage of airfreight is which of the following? Multiple choice question. Load capacity Speed Costs
Speed
Government desires a stable and efficient transportation environment to support _____ growth.
economic
True or false: All products transported are never grouped together into uniform classifications. True false question.TrueFalse
false
True or false: Product pricing has nothing to do with transportation operations management. True false question.TrueFalse
false
Which of the following is not considered an other rate structure? Multiple choice question. Commodity rate Fulfillment rate Limited service rate Aggregate tender rate Released value rate
fulfillment
Containers are the boxes utilized for intermodal product storage and movement between motor freight,______ , and water transportation.
railroads
The capability to efficiently transport large tonnage over long distances is the main reason ____ continue to handle significant intercity tonnage.
railroads
Most transportation professionals agree the United States is in need of a far-reaching National Transportation Plan to facilitate both the _______ and _______ of transportation infrastructure. Multiple select question. reinvention spending repair funding
reinvention, repair
As a result of deliver flexibility, trucks dominate freight moving from wholesalers and warehouses to which of the following? Multiple choice question. Warehouses Consumers Retail stores
retail stores
To understand complexity of transportation environment, it is useful to review the following from each party. Multiple select question. Role Finances Issues Perspective
role, perspective
Because of peculiarities in the common-carrier rate structure, such as minimum freight charges, surcharges, and less-than-volume rates, conditions exist whereby nonoperating intermediaries can facilitate ____ for shippers.
savings
The shipper and consignee represent the two parties involved in a traditional _______. Multiple choice question. dilemma shipment sale
shipment
The fixed category includes cost not directly influenced by? Multiple choice question. Shipment pricing Shipment volume Shipment manager
shipment volume
Transportation and management system proactively identifies and evaluates transportation strategies and tactics to determine the best method for which of the following services? Multiple choice question. Shipping Packaging Planning
shipping
A freight-all-kind enables a mixture of different products to be transported under a _____ negotiated rating.
single
n comparison to railroads, trucks have a relatively small_____ , Incorrect Unavailable investment in terminal facilities and operate on publicly financed and maintained roads
fixed
The general idea for the proactive alignment of two or more vendors whose freight characteristics combine is to create which of the following? Multiple choice question. Performance Inefficiency Efficiency
Efficiency
What type of systems are identified as widely using both the trailer on a flatcar (TOFC) and container on a flatcar (COFC)? Multiple choice question. Information Intermodal Multimodal
Intermodal
the terms and conditions of pricing determine which party has responsibility for performing ____ activities.
logistics
TMS helps to enforce and monitor controls. However, who in transportation is responsible for reviewing controls frequently? Multiple choice question. Managers Manufacturers Consumers
managers
the generalized functionality of a TMS can be described in terms of five capabilities:(1 operations; (2) consolidation; (3) negotiation; (4) control; and (5) ______, auditing and claims
payment
Which strategy involvement is considered in order to debundle the price of products and material so that services in transportation become separate and visible? Multiple choice question. Differentiation Price Price-skimming
price
What is the primary purpose of all involved parties using transportation documentation? Multiple choice question. Protection Inform Protection is the correct answer.
protection
pickup allowances is when buyers are given a ____ from the standard delivered price if they or a representative pick up shipment at the seller's location and perform transportation.
reduction
Which step determines the rate or price based on the freight classification of the product, weight, and shipment origin/destination points? Multiple choice question. First Third Second
second
Three types of transport documentation are bills of lading, freight bills, and _____ manifest.
shipping
true or false: Transportation vehicles can be used as temporary storage.
true
The act to Regulate Interstate Commerce was the government involvement in protecting the public interest. Hence, the government actions were not in the form of which of the following regulations?
City
Following deregulation carriers were free to develop integrated modal services to more efficiently and effectively meet standards according to which of the following? Multiple choice question. Customers Organizations Energy standards
Customers
A mode identifies basic transportation. Which of the following is not a mode of basic transportation? Multiple choice question. Rail Truck Water Pipeline Monorail Air
pipeline
Speed refers to elapsed movement time. Availability refers to transporting to any location. Dependability refers to variance from published delivery schedules. Capability refers to load size. Frequency refers to the ____ of scheduled movements.
quantity
A limited service rate is utilized when a ____ agrees to perform a selected service typically performed by the carrier, such as trailer loading, in exchange for a discount.
shipper
Typical variable cost components include which of the following? Multiple select question. Maintenance Labor Fuel Repair
Maintenance Labor Fuel Repair
What does the dimensioner capture in real time in regards to freight as it passes through the LTL network? Multiple choice question. Classifications Rates Measurements
Measurements
When the business carrier seeks to coordinate pickup and delivery times for a group of shippers to achieve efficient operations, this helps attain which of the following? Multiple choice question. Sales Objectives Transportation
Objectives
What function of transportation is vital to procurement, manufacturing, and customer accommodation? Multiple choice question. Performance Consumers Defects
Performance
The ranking modal operating characteristics according to speed, availability, dependability, capability, and frequency is as follows. Multiple choice question. Truck, rail, water, pipeline, air Rail, truck, water, pipeline, Air Air, rail, truck, water, pipeline, air.
Rail, truck, water, pipeline, Air
the classification takes into consideration the ____ of a product or commodity that influence the cost of handling or transport.
characteristics
_____ costs, such as terminal or management expenses, are characterized as overhead.
common
Is traditional pricing used by common carriers or contract carriers? Multiple choice question. Common carriers Contract carriers
common carriers
Transportation economics and pricing are not driven by which of the following factors? Multiple choice question. Distance Density Cost Weight
cost
As a service business, carriers want to charge their customers the highest freight rate possible while minimizing labor, fuel, and vehicle operating ____.
costs
The dimensioners is a weight-and- ___ building device used to build three-dimensional or cube-shaped objects such as packages, parcels, cartons, or boxes and obtain an accurate density factor for the packages.
volume
The government has a vested interest in transportation because of its critical importance of reliable service to which of the following influences? Multiple select question. Monopolize Economics Direct Social well-being
Economics, Social well-being
Transportation is influenced by consignor, consignee, carriers and agents, IT, government and the ._______-
Public
Which of the following is not a concern of the public as participants of the transportation system? Multiple choice question. Security Weather Expenses Accessibility Effectiveness
Weather
Transportation operations management involves a wide variety of planning, execution, and _____ responsibilities.
administrative
In addition to basic transportation, carriers offer a wide variety of special or _____ service charges.
assessorial
According to the understanding of few consumers, the economy is dependent upon which reliable service? Multiple choice question. Procurement Transportation Accounting
Transportation
True or false: The objective of the manifest is to provide a single document that defines the overall contents of the load furthering the requirement to review individual bills of lading.
false
How product dimension fit into transportation equipment is referred to as which of the following term? Multiple choice question. Loading Packaging Stowability
stowability
The freight transportation _____ consists of the rights-of-way, vehicles, and carriers that operate within five basic transportation modes.
structure
The rate per hundredweight is usually based on the shipment origin and destination, although the actual price charged for a particular shipment is normally subject to a minimum charge and may also be given a(n) ____
surcharge
The movements between origin and destination points is referred to as which of the following? Multiple choice question. Transport lane Back haul Dead heading
transport lane
Ensuring all local, state, and federal regulations such as driver's hours or service and weight limitations for specific bridges, roads, and cities are adhered to are critical elements of ___
transportation
True or false: A common interest is shared as one party is the provider of the goods and the other is the recipient. True false question.
true
Costs that change in a predictable, direct manner in relation to some level of activity are labeled _____ costs.
variable
Railroad operations have high fixed costs, yet enjoy relatively low _______ operating costs. Multiple choice question. variable mixed marginal
variable
The shipment manifest lists individual stops or consignees when multiple shipments are placed on a single _____
vehicle
Odd package sizes and shapes, as well as excessive size or length, may not fit well in transportation equipment, resulting in _____ cubic capacity.
wasted
Weight and volume are important since transportation cost for any movement is usually quoted in dollars per unit of ____
weight
What situation is the key to an effective negotiation between both the carriers and the shippers in reaching an agreement? Multiple choice question. Win-win Lose-lose One way
win-win
It is very common for shippers and carriers to publish rates for a certain scope of ____ and period of time.
work
Expenses created by the decision to provide a particular service are called _____ costs.
JOint
Which of the following services does today's transportation industry use a wide assortment of? Multiple choice question. Vehicles Consulting firms Information technology
Information technology
Market factors such as lane volume and ____ influence transportation cost.
balance
Which of the following does special handling equipment not required for loading or loading? Multiple choice question. Ships Railcars Trucks Carrier
carrier
What are transportation costs classified into? Multiple choice question. Categories Collective ID Dates
categories
What must managers do to small loads in order to maximize scale economies? Multiple choice question. Disperse Offload Consolidate
consolidate
As a service business, carriers want to charge their customers the highest freight rate possible while minimizing labor, fuel, and vehicle operating _____
costs
In addition to special handling equipment, the manner in which products are physically grouped together in boxes or on pallets for transport and storage impacts the handling _____.
costs
Liability includes the product characteristics that can result in which of the following? Multiple choice question. Outsourcing Damage Value
damage
The cost curve does not begin at zero because there are fixed costs associated with shipment pick up and ____ , increasing at a decreasing rate as a function of distance.
delivery
The advent of e-commerce and the need for consumer-direct last-mile delivery have significantly increased ___ for package delivery services
demand
The public indirectly creates transportation ___ by purchasing goods.
demand
Which of the following is a combination of weight and volume? Multiple choice question. Density Volume Mass
density
True or false: Joint costs have no impact on transportation charges. True false question.TrueFalse
false
Pipelines have the _____ fixed cost and lowest variable cost among transport modes.
highest
transport cost per unit of weight decreases as load size increases. This occurs because the fixed costs of pickup, delivery, and administration are spread over _____ weight.
incremental
The primary advantage of IT services is the ability of carriers to share real-time____ with their company and their customers.
information
Intermodal transportation combines two or more modes to take advantage of the inherent economies of each and thus provide an ___ service at lower total cost.
integrated
Which of the following is an example of an environmental assessorial service? Multiple choice question. Reducing waste Going green Temperature control
temperature control
True or false: Non-operating intermediaries find economic justification by offering shippers lower rates for movement between two locations which results in savings for shippers. True false question.TrueFalse
true
True or false: Our economy is dependent upon economical and reliable transportation. True false question.
true
True or false: Pricing freight is followed by common carriers and contract carriers. True false question.TrueFalse
true
Whether in form of material, components, work-in-progress, or finished goods, the basic ______ provided by transportation is to move inventory to specified destinations throughout the supply chain.
value
What is the intermodal concept referred to in which containers are moved in a combination of sea and rail transport, and are commonly used to reduce time and expense?
Land Bridge
What is the term that refers to the common intermodal arrangement combining the flexibility of truck for short distances with the low-line-haul cost associated with rail for longer distances? Multiple choice question. Combine service Piggyback service Parcel service
Piggyback service
The main disadvantage of water transportation are which of the following? Multiple select question. Operations Efficiency Performance Slow speed
Slow speed, operations
While costly, the speed of air transport potentially allows other aspects of logistics such as warehousing and inventory to be? (Check all that apply.) Multiple select question. Multiplied Eliminated Reduced Increased.
reduced, eliminated
prior to deregulation, government policy limited carriers to operating in a ____ mode.
single
Parcel services represent an important part of logistics, and the influence of carriers in this segment is increasing because of its intermodal capabilities and which other benefit? Multiple choice question. Order fulfillment Size Reduced rate
size