DLS3413

Which country is developing at a fast pace that allows global supply chain flows?

• Brazil

• Vietnam

• Singapore

• India

The following are the contributing factors to global trade and flows EXCEPT?

• Geopolitics

• Urbanisation

• Land and resources

• Globalisation

It is expected that in 2050, India will have a larger population than China?

• True

• False

Demand for freight transportation is not dependent on demand for other products in another location.

• True

• False

The demand for freight transportation is referred to

Lower transportation costs will not cause a shift in demand for transportation among the modes and the specific carriers

• TRUE

• FALSE

The cost of the product at the source, the cost to transport the product to its destination, plus any ancillary expenses such as insurance or loading costs refers to

Transit time can affect the level of inventory held by the shipper and not to the receiver

• True

• False

The longer the transit time, the higher the inventory levels required and the lower the carrying costs

• True

• False

Reliability refers

• The ability of the carrier to provide special service requirements

• to the consistency of transit times.

• the ability of the transportation provider to arrive on time