Freight and Logistics

Which is the correct sequence in a Supply Chain?

•  Factory __  Raw Material___ Supplier Refineries

• Distributor____ Retailer _____End User

• Tier 2 Distributor _____ Raw Material Supplier ____ Factory

• Wholesaler ___  Factory ____  Retailer

Dangerous Cargo can be considered as ________.

• partially dangerous.

• only dangerous if you ingest it.

• a subset of Hazardous Materials.

• something that only the Government handles.

The Cost of Service Method of Pricing is also known as this.

• The top down approach.

• The Building Block approach

• The see-saw concept.

• Used only during peak seasons.

The Value of Service method arrives at the final selling price based on _____.

• the supplier's perception of the value.

• the Boss' perception of the value.

• the customer's perception of the value.

• Daniel's perception of the value.

The Government's Role in Transportation is __________.

• to build infrastructure.

• to build expertise.

• to build knowledge.

• to build relationships.

Freight transport is a ___________________ demand.

• . independent (or primary)

• dependent (or derived)

• determined (or fixed)

• regressed (or based on history)

This is one of the differences between a service and a product.

• A product is intangible, but a service is tangible.

• Production and consumption of a service occurs simultaneously.

• A service does not have direct contact with any customer.

• Transport Logistics is not a service, it is a product.

This is one of the roles of transport in supply chain operations.

• It provides relief for the workers.

• It provides place and time utility

• It serves a certain class of the society

• It provides stability to the Government.

Transport Logistics can influence the supply chain operations in this way.

• It resolves many urban problems.

• It creates an avenue for business growth.

• It prevents population decline.

• It drives purchasing, location & partnerships.

One of the global challenges for freight transport is technological advancements. One such example of this is _______.

• the rapid decline of second-hand products

• the rapid growth of online purchasing.

• the resistance to the adoption of technology.

• the sluggish adoption of technology by the Government.