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WorksheetsLOG321_FA24_FE
Total questions: 50
Worksheet time: 25hrs 0mins
(Choose 1 answer)
Demand for transport comes from the fact that...
A. Regions or areas tend to specialize in certain economic activities
B. Specialization in certain economic activities of regions or areas creates physical gap between markets and areas of production for a given good
C. Gap between markets and areas of production for a given good creates a demand for transport
D. All responses are correct
(Choose 1 answer)
Which statement is correct?
A. Physical distribution concept focused on finished goods or the outbound side of a firm's logistic system
B. Physical distribution focuses on physical distribution system costs and tradeoffs
C. Physical distribution involves tradeoffs between transport, inventory, materials handling, and packaging
D. All responses are correct
(Choose 1 answer)
The demand for freight transportation is usually measured in:
A. Weight-distance units
B. Distance
C. Customer
D. Vehicle
(Choose all answer)
Critical link in the economy will be the societal benefits of improved transportation in aspects:
A. Historical
B. Economic
C. Environmental
D. Social
E. Political
(Choose 1 answer)
Transit-time based rate structure is
A. Variations in rate depending upon type of car supplied
B. Reduced rates in exchange for volume commitment over specified period
C. Variations in rates by transit-time
D. Variations over specified period
(Choose 1 answer)
Equipment-based rate structure is
A. Variations in rate depending upon type of car supplied
B. Reduced rates in exchange for volume commitment over specified period
C. Variations in rates by transit-time
D. Variations over specified period
(Choose all answer)
Which statement is correct?
A. Pricing according to product value refer to charging higher prices on higher value products
B. Over-reliance on costs is a common mistake in pricing
C. Slow reaction to market changes is a common mistake in pricing
D. Ignoring marketing mix is a common mistake in pricing
E. A price that is not tailored to services and markets is a common mistake in pricing
(Choose 1 answer)
Which statement is correct?
A. Limited airport accessibility adds travel time to air travel
B. Limited airport accessibility adds cost to air travel
C. Limited accessibility is the principal service disadvantage of air travel
D. All responses are correct
(Choose 1 answer)
Door-to-door service through contracts with motor carriers, or through own fleets of delivery vehicles, is a characteristic of.....
A. Intermodal Competition
B. Service Competition
C. Cargo Competition
D. Intramodel Competition
(Choose 1 answer)
Which statement is correct?
A. The use of airplanes for mail transport marked the beginning of the modern airline industry.
B. The use of train for mail transport marked the beginning of the modern airline industry.
C. The use of airplanes for mail transport marked the beginning of the modern railroad industry.
D. The use of airplanes for mail transport marked the beginning of the modern motor carrier industry.
E. The use of airplanes for mail transport did not mark the beginning of the modern airline industry
(Choose 1 answer)
Which of the following statements is correct?
A. The water carrier industry has less stringent requirements than the motor carrier industry to meet the exemption qualifications.
B. The water carrier industry has more stringent requirements than the motor carrier industry to meet the exemption qualifications.
C. The water carrier industry has the same requirements as the motor carrier industry to meet the exemption qualifications.
D. The water carrier industry has no requirements to meet the exemption qualifications.
(Choose 1 answer)
"They are the only mode with no backhaul; that is, they are unidirectional with products that only move in one direction through the line."
Which of the following options is best described in the above statement?
A. Airlines
B. Motor carriers
C. Pipelines
D. Water carriers
(Choose 1 answer)
Which of the following options is NOT a main commodity hauled by pipelines?
A. Oil and oil products
B. Natural gas
C. Coal
D. Livestock
(Choose 1 answer)
The domestic water carrier industry is most commonly classified by the____used.
A. fuel
B. vessel
C. waterway
D. container
(Choose 1 answer)
Resource Ownership of a 3PL can be
A. Asset based
B. Non-asset based
C. Asset based or Non-asset based
D. Neither Asset based nor Non-asset based
E. Both Asset based and Non-asset based
(Choose 1 answer)
Which statement is correct?
A. A second party logistic provider is an external supplier that performs all or a part of a company's logistics functions
B. Transport focused 3PL should be capable of providing solutions to logistics and supply chain challenges
C. Customers desire "one-stop shopping" thus, leading 2PLs developing as integrated service providers
D. All responses are correct
(Choose 1 answer)
"Focus on inventory management, warehousing, and order fulfillment, but may also provide transportation services" are examples of ..... service.
A. Transportation based
B. Distribution based
C. Forwarder based
D. Financial based
E. Information based
Bill of lading...
A. Is most widely required import document
B. Indicates shipment origin, but not location of production
C. Is used to determine appropriate import tariff
D. Serves as receipt for the goods
(Choose 1 answer)
Techniques that can be used for risk identification include...
A. Interview and survey
B. Brainstorming
C. Historical data and documented knowledge
D. All responses are correct
(Choose 1 answer)
What is not a characteristic of Export Packers?
A. For proper packing, marking, and loading of shipments
B. Improve safe arrival of goods and reduce costs by using proper but economical packing materials, improving space utilization inside cartons and containers, and taking steps to prevent theft
C. Meet all packing regulations and marking requirements for cargo to minimize delays across the supply chain
D. Consolidating freight to lower transportation rates
(Choose 1 answer)
......refer(s) to freight loaded into container or onto pallet at origin and delivered to destination in/on same equipment
A. Bulk freight
B. Break- bulk freight
C. Containerized freight
D. Bulk freight and Containerized freight
E. Break- bulk freight and Containerized freight
(Choose 1 answer)
Transportation regulation has progressed through
A. One phrase: Initiation Era
B. Two phrases: Initiation Era, Positive Era
C. Three phrases: Initiation Era, Positive Era, Intermodal Era
D. Four phrases: Initiation Era, Positive Era, Intermodal Era, and the New Economic Era
E. None is correct
(Choose 1 answer)
Key(s) to success when establishing and managing 3PL relationships include(s)
A. Information withholding
B. Work independently on a regular basis
C. Team approach to inadequacy
D. Openness to new ideas and methods
fuoverflow
(Choose 1 answer)
"They specialize in short-haul movement of intermodal containers from origin to ocean ports and rail yards and from these facilities to their ultimate destination.'
Which of the following options is best described in the above statement?
A. Freight brokerage
B. Shippers associations
C. Drayage
D. Dedicated contract carriage
(Choose 1 answer)
A risk mitigation strategy should produce an action plan that identifies that includes all of the following except:
A. Roles and responsibilities for developing the strategy
B. Resources required to carry out the planned actions
C. Conditions present in order for risk level to be acceptable
D. A way to get rid of the risk completely
(Choose 1 answer)
Insurance is a common form of:
A. Incoterms
B. Risk transfer
C. Port management
D. Maritime trade
(Choose 1 answer)
Risk management planning:
A. Is not static
B. Is not a one-time process
C. Cannot be assumed to be
D. All of these are correct
(Choose 1 answer)
The Importer Security Filing (ISF) applies to import cargo arriving by vessel to:
A. Japan
B. Canada
C. United States
D. All of these are correct
(Choose 1 answer)
Which of the following is not a packaging concern for shipping by ocean?
A. Moisture
B. Pilferage
C. Fire
D. Excess weight
(Choose 2 answers)
The Importer may wish to postpone release of the goods to:
A. CBP bonded warehouse
B. Foreign Trade Zone (FTZ)
C. Industrial Zone
D. All of these are correct
(Choose 1 answer)
What type of freight is loaded into or onto storage equipment at the origin and delivered to the destination in or on that same piece of equipment with no additional handling?
A. Transload freight
B. Containerized freight
C. Intermodal freight
D. Landbridge freight
(Choose 3 answers)
What major themes are directed for national transportation policy?
A. Maintain and expand the Nation's transportation system, ensure to support public safety national security
B. Foster a sound financial base for transportation
C. Protect the environment and quality of life
D. None of above
(Choose 1 answer)
Which sentence best describes the current regulation of transportation?
A. The federal government controls all aspects of transportation
B. The federal government has removed most economic control but continues to oversee aspects of transportation safety
C. The government still economically regulates portions of the motor carrier industry
D. The airline industry is free of all regulation but the railroads are still closely regulated
(Choose 1 answer)
Which mode is not covered under the National Transportation Policy?
A. Water carries
B. Exempt carriers
C. Air carriers
D. Rail carriers
(Choose 1 answer)
What is the federal government's policy toward transportation?
A. It allows the market to control all aspects of transportation
B. A series of often conflicting programs driven by politics
C. That this is an issue for the states
D. Is composite of laws, rules, funding programs and regulatory agencies
(Choose 1 answer)
In the context of forming a 3PL relationship, what are "drivers"?
A. Vehicles used for transportation services.
B. Compelling reasons to partner, often resulting in competitive advantages.
C. Facilitators of logistics operations.
D. The financial resources required for investments.
(Choose 1 answer)
What type of information is typically derived from the strategic assessment of transportation and logistics needs?
A. Specific transportation routes and schedules.
B. Quantitative data on customer preferences.
C. Profiles of individual logistics providers.
D. Benchmark values for logistics costs and performance measurements.
(Choose 1 answer)
Which type of firm may fall into the category of nonasset-based logistics providers?
A. Ocean liners and railroads.
B. Consulting firms like Accenture and KPMG.
C. Asset-intensive transportation companies.
D. Software firms specializing in asset management.
(Choose 1 answer)
What distinguishes asset-based logistics service providers from nonasset-based providers?
A. Asset-based providers offer more diverse service offerings.
B. Nonasset-based providers rely on tangible equipment and facilities.
C. Asset-based providers have broader geographic diversity.
D. Nonasset-based providers leverage the resources of other companies.
(Choose 1 answer)
Logistics-related impacts on the green supply chain. Which statement is incorrect?
A. Fuel consumption/efficiency
B. Packaging and waste disposal
C. Systems interrelationships
D. Packaging for market appeal vs. transport cost
E. Adding water to product to "enhance" product and market appeal vs. transport cost
(Choose 1 answer)
How are some shippers responding to fuel price volatility and increases?
A. By reducing their distribution centers.
B. By implementing regionalized distribution centers.
C. By expanding their distribution networks.
D. By increasing their reliance on air carriers.
(Choose 1 answer)
How did the higher fuel costs impact domestic rail service in terms of shippers' preferences?
A. Shippers were less interested in rail intermodal service for long-haul freight.
B. Shippers switched to rail intermodal service for long-haul freight.
C. Shippers focused on air carriers for their freight transportation needs.
D. Shippers reduced their reliance on rail and opted for maritime transportation.
(Choose 1 answer)
Congestion in transport network increases supply chain costs. Specifically...
A. Uncertainty created by congestion delays requires retailers to carry additional inventory
B. Delays require carriers to purchase and operate additional transport equipment and utilize additional labor
C. Delays on the network also impose additional costs at transport terminals
D. All responses are correct
(Choose 1 answer)
Which statement is correct?
A. Water carriage is relatively fuel efficient
B. Fuel price increases do impact operating costs, particularly for ocean carriers
C. Fuel surcharges have been imposed but again, competition puts downward pressure on prices and deters
significant surcharges
D. All responses are correct
(Choose 1 answer)
Carrier efforts to reduce fuel consumption include...
A. Purchase of more fuel efficient equipment
B. Use of "clean" fuels and hybrid vehicles
C. Working with shippers to reduce overall network miles
D. Working with shippers to increase load consolidation opportunities
E. All responses are correct
(Choose 1 answer)
What economic concept explains the reason why different regions specialize in certain types of production, necessitating transportation?
A. Comparative advantage
B. Demand elasticity
C. Monetary policy
D. Fiscal stimulus
(Choose 1 answer)
How is the demand for freight transportation typically measured?
A. In cubic meters per kilometer
B. In ton-miles
C. In liters per hundred kilometers
D. In number of packages
(Choose 1 answer)
Which group is tasked with developing policy, supplying infrastructure, and regulating the transportation system?
A. Providers
B. Government
C. Users
D. Regulators
(Choose 1 answer)
Which technology-based cargo initiative is not aimed at improving security and reducing spoilage by providing real-time location information?
A. GPS tracking
B. IoT sensors
C. Intelligence information sharing
D. Validating driver credentials
(Choose 1 answer)
What are examples of technology-based cargo initiatives aimed at improving security and reducing spoilage?
A. Background checks and staff training
B. Validating driver credentials and intelligence information sharing
C. GPS tracking and IoT sensors
D. FBI cargo task forces and intelligence information sharing
