Transportation

Question 1

The forward and backward movement of the product in the value chain

Answer 1

Product movement

Question 2

Temporary storage for in – transit goods.

Answer 2

Product Storage

Question 3

Continuous and efficient movement of product from vendor to manufacturer to customer.

Answer 3

Customer requirements

Question 4

Their shipments be delivered as they require - on the date needed, by the carrier preferred, both shipped complete and delivered complete and in good order.

Answer 4

Timely movement of shipments

Question 5

Their shipments be delivered as they require - on the date needed, by the carrier preferred, both shipped complete and delivered complete and in good order.

Answer 5

Timely movement of shipments

Question 6

Selecting the mode of transport.

Answer 6

Mode selection

Question 7

Catches the attention of the carrier of forwarder. The carrier attention with volume creates a competitive interest in a business.

Answer 7

Carrier relationships

Question 8

Measuring means comparing performance versus standards. Benchmarking means learning what other companies do–the best practices.

Answer 8

Measuring/benchmarking

Question 9

Means comparing performance versus standards.

Answer 9

Measuring

Question 10

Means learning what other companies do–the best practices.

Answer 10

Benchmarking

Question 11

The strategy to be ready to change.

Answer 11

Flexibility

Question 12

The movement of the product between the two points in the chain.

Answer 12

Shipper

Question 13

The destination party or receiver.

Answer 13

Consignee

Question 14

Which moves or transports the product

Answer 14

Carrier

Question 15

Has a high interest level in the transactions because a stable and efficient transportation environment is necessary to sustain economic growth.

Answer 15

Government

Question 16

The determinant of transportation by desiring goods at reasonable prices.

Answer 16

Public

Question 17

The least hazardous in nature when compared to all other modes of transport.

Answer 17

Air

Question 18

The oldest mode of transportation. Is the slowest modes of all the modes and a lot of delays also occur at ports and terminals.

Answer 18

Sea / Water

Question 19

Transporting large quantities of freight over long distances.

Answer 19

Railways

Question 20

Transporting large quantities of freight over long distances.

Answer 20

Railways

Question 21

Most popular mode of transport.

Answer 21

Roadways

Question 22

Used for oil transportation by all public and private sector petroleum refineries.

Answer 22

Pipeline

Question 23

The cost as it is a direct contributor to variable costs like labor, fuel, and maintenance. The tapering principle, where the cost curve increases at a decreasing rate as a result of the distance function is relevant here.

Answer 23

Distance

Question 24

To consolidate smaller loads into larger loads to take advantage of the economies of scale.

Answer 24

Volume

Question 25

Where the product density can be increased within a truckload for better capacity utilization.

Answer 25

Density

Question 26

The product dimensions and how they affect the vehicle space utilization.

Answer 26

Storability

Question 27

While loading or unloading trucks, railcars, or ships, there is a necessity for special handling equipment like trolleys, forklift trucks, conveyors etc. to load or unload trucks, railcars or ships.

Answer 27

Handling

Question 28

Are product characteristics.

Answer 28

Liability

Question 29

The movements between the points of origin and destination.

Answer 29

Market Factors

Question 30

The transportation cost per unit of weight decreases with an increase in the size of shipment.

Answer 30

Economy of scale

Question 31

The decrease in the transportation cost per unit with an increase in the distance.

Answer 31

Economy of distance

Question 32

A computerized, basic document, which is, utilized in purchasing transport services.

Answer 32

Bill of Lading

Question 33

This is how the carrier charges for the transportation services he performs

Answer 33

Freight Bill

Question 34

Document that used when multiple shipments are placed on a single vehicle.

Answer 34

Shipping Manifest

Question 35

An important activity for the organization.

Answer 35

Transportation Management

Question 36

Necessity to understand the transport environment, to make sound transport decisions. The environment consists of the five parties – shipper, consignee, carrier, government and public.

Answer 36

Analysis and Understanding of environment

Question 37

The order of preference in performance of transportation functions.

Answer 37

Clarity in objectives

Question 38

A choice between single mode and intermodal transport has to be made to achieve objectives efficiently.

Answer 38

Selecting mode of transportation

Question 39

After selecting the mode, the company must decide whether to in source the activity or outsource to third parties.

Answer 39

In source or outsource

Question 40

The efficiency of the transport system can be ascertained by measuring the customer satisfaction.

Answer 40

Evaluation and Control