scmn 3720

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since the economic deregulation of transportation, safety has been deregulated as well.

false

south America will have the largest number of megacities by 2015.

false

states van regulate commerce if the shipment crosses multiple state lines.

false

the simplest way to eliminate risk is risk reduction.

false

the top 30 countries account for about 50% of the world's exports.

false

the transportation industry created 37% of greenhouse gas emissions in 2015.

false

the two parameters involved in risk assessment are cost and impact.

false

the us has the largest export trade flows.

false

the use of ELDs in trucking was mandated by the US conger effective december 2016.

false

under pure competition, there are many sellers and the product is heterogeneous.

false

the size of a country's population is important because labor is a prime factor for economic growth.

true

the transportation policy of the united states is somewhat fluid and is not explicitly defined in a single unifying document.

true

the use of aerodynamic devices and low rolling resistance tires can result in a net fuel savings of 10% or more.

true

the volume of global trade over the course of the last 50 years has doubled.

true

the work done by the army corps of engineers and the coast guard are examples of federal promotion benefitting domestic water carriers.

true

two separate concepts in cost of service pricing are prices based on average or marginal cost.

true

under transportation regulation, the amount found in a tariff as payment to a carrier for performing a given transport service is called a rate.

true

while there are many sellers in monopolistic competition, there is some differentiation in the product.

true

Truck platooning is an autonomous concept that does not use human drivers

false

china is the top importer in the world.

false

increasing the deductible on an insurance policy is a risk avoidance strategy.

false

driver's license is an example of a. existence charge b. unit charge c. relative use charge

a

ease of facility entry and access promotes product theft, deliberate contamination, or catastrophic disruptions represent a a. security breach b. supply chain interruption c. damage d. contamination

a

eliminate risk by not performing activity associated with risk a. risk avoidance b. risk transfer c. risk reduction d. risk retention

a

geography cut up into squares to simplify rates are a. rate basis points b. rate basis number c. national scale of rates d. none of the above

a

type of law based on judicial precedent a. common law b. statutory law c. state regulation

a

which of these transportation risks is considered a supply chain interruption? a. labor disruption b. security breach c. contamination

a

costing the risk mitigation is one of the four steps in the risk management process.

false

charging different prices to different buyers who use the same commodity or service is a. value service pricing b. third degree price discrimination c. cost service pricing d. none of the above

b

interdependence in the global economy has the following outcomes except: a. lower prices b. limited availability of goods c. new employment activities

b

pricing what the market will bear has primarily been used a. before deregulation b. after deregulation

b

the basic types of rates are exception, commodity and a. mileage b. class c. standard d. discount

b

transportation systems are critical to industrialized societies because: a. they allow employees to work shorter hours b. producers are able to expand their market areas c. provide access to recreation areas d. none of the above

b

value of service pricing is a. charging a rate which includes high profit b. charging what the traffic will bear c. charging a price that favors one mode over another d. none of the above

b

what would make freight harder to transport? a. average density b. special handling required c. average liability

b

a rate basis number is a. nation cut up into geographic squares b. a shipping point c. distance between two rate basis points d. none of the above

c

this group is responsible for interpreting laws to make regulations a. executive b. legislative c. regulatory agencies d. judicial

c

this type of rate applies to from whole regions, rather than points within a region a. joint rate b. local rate c. group rate d. incentive rate

c

which of these answers is not correct, there was spectacular growth in global trade due to the following: a. greater acceptance of foreign produced products b. elimination of trade agreements c. higher tariffs

c

the volume of global trade over the course of the last 50 years has a. remained the same b. decreased c. neither

c (increased)

all of the following are examples of contamination risks except a. climate control failure b. product tampering c. exposure to contaminants d. shipment control failure

d

which of these countries is expected to have the largest population in 2050? a. us b. china c. nigeria d. indonesia e. none of the above

e (india)

LNG-fueled ships emit also zero sulphur dioxide emissions and 25% less carbon dioxide than existing oil-run engines.

true

MercuryGate Fleet is a TMS that supports asset-based carriers.

true

an exporter is one who sells to merchants or industrial consumers in foreign countries.

true

an importer is one who brings goods or merchandise from other countries into this one.

true

insurance is a common method of risk transfer.

true

it is possible to achieve a 12 to 18 month ROI on a TMS investment.

true

product density, storability and handling, and liability are classification factors used to determine the rating of a specific commodity.

true

since economic deregulation, the federal government has given greater attention to the establishment and enforcement of transportation safety regulations.

true

the best justification for a national transportation policy is the significance of transportation to commerce and defense.

true

the federal government's policy toward transportation is an implicit composite of laws, funding programs, and regulatory rulings.

true

the main objective of deregulation in transportation was to create market-driven pricing of transportation services fee from regulatory intervention.

true

the risk of labor disruptions and strikes is in the supply chain interruption risk category.

true

the risk of temperature control failure in a refrigerated trailer is in the product contamination risk category.

true


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