LSCM 4560 EXAM 1 QUESTIONS WITH VERIFIED
ANSWERS
Transportation greatly affected the development of the United States. Which of the
following transportation-related events was not identified as having an effect on the
development of the United States? - Answers - British blockade of the United States
forcing development of an internal road system.
Current thought has identified five modes of transportation. These modes include all of
the following except: - Answers - Electrical transmission lines
This mode of transportation moves the least amount of ton-miles: - Answers - Air
carriers
Which mode has lost the greatest volume of freight, expressed as a percent of intercity
ton-miles since 1980 as shippers seek more reliable means to ship their freight? -
Answers - Domestic water
Which of the following transportation modes has the longest average length of haul? -
Answers - air
The percent of total disposal income spent on transportation by the average US
household is: - Answers - 16 to 20 percent
Energy consumption represents a major issues to all developed and developing
societies. Transportation is: - Answers - The industry with the highest amount of energy
consumption, and overall usage continues to trend upward over time
The United States sources more of its crude oil from this country than any other in the
world. The largest source of crude oil for the United States is: - Answers - The United
States
The five modes of transportation differ in their average length of haul. These differences
are due to: - Answers - All of the above
What is meant by the modal "split?" - Answers - Split of total freight volume between
transportation modes
Fatalities on US highways represent a significant transportation issue. The recent trend
in fatalities shows: - Answers - a recent increase as lower fuel prices have resulted in
more miles being driven.
, Piracy has affected the ability of US and international freight shippers to move goods in
critical ocean shipping lanes. During the past decade (since 2010), the number of
piracy-related incidents has: - Answers - has dropped due to the navies from several
countries patrolling key shipping lanes where pirates have operated
Since 1980, logistics expenditures as a percent of US gross domestic product (GDP)
have: - Answers - Steadily declined over time with expenditures recently "flattening out"
due to fuel prices and a slowly recovering economy
Spending on transportation infrastructure varies by level of government and
transportation mode. Which level of government represents the largest share of public
spending on transportation? - Answers - state and local
The trend in total ton-miles of freight in the United States since 2000: - Answers -
decreased due to the recession with little growth reflecting the state of the economy
The demand for freight transportation is frequently referred to as derived demand. This
reference stems from: - Answers - the demand for a product at a distant location
resulting in the demand for movement of the product
Transportation performs two basic logistics functions. These functions include: -
Answers - Movement and storage
Transportation has played an important role in the defense of the United States. Which
of the following transportation projects was developed to enhance the ability to defend
the country? - Answers - The interstate highway system
Logistics costs are equivalent to what percent of the U.S. gross domestic product based
on the annual CSCMP study of logistics costs? - Answers - 7.6
Higher fuel prices affect the design of logistics and supply chain networks by: - Answers
- Increasing the number of distribution centers and increasing the level of inventory held
The concept of derived demand suggests: - Answers - the demand for transportation is
derived the from the demand for goods
Total landed cost affects the extent of the market a firm may serve by: - Answers -
Determining the ability of a firm to compete in the market
Location theory concentrates on examining two problems. These two problems are: -
Answers - What patterns of location develop and where to market to maximize profit
Which of the following models reflects both the investment required for a location and
the distance traveled? For example, facilities supporting a significant investment would
be located near the center of a city while facilities involving little investment, such as
ANSWERS
Transportation greatly affected the development of the United States. Which of the
following transportation-related events was not identified as having an effect on the
development of the United States? - Answers - British blockade of the United States
forcing development of an internal road system.
Current thought has identified five modes of transportation. These modes include all of
the following except: - Answers - Electrical transmission lines
This mode of transportation moves the least amount of ton-miles: - Answers - Air
carriers
Which mode has lost the greatest volume of freight, expressed as a percent of intercity
ton-miles since 1980 as shippers seek more reliable means to ship their freight? -
Answers - Domestic water
Which of the following transportation modes has the longest average length of haul? -
Answers - air
The percent of total disposal income spent on transportation by the average US
household is: - Answers - 16 to 20 percent
Energy consumption represents a major issues to all developed and developing
societies. Transportation is: - Answers - The industry with the highest amount of energy
consumption, and overall usage continues to trend upward over time
The United States sources more of its crude oil from this country than any other in the
world. The largest source of crude oil for the United States is: - Answers - The United
States
The five modes of transportation differ in their average length of haul. These differences
are due to: - Answers - All of the above
What is meant by the modal "split?" - Answers - Split of total freight volume between
transportation modes
Fatalities on US highways represent a significant transportation issue. The recent trend
in fatalities shows: - Answers - a recent increase as lower fuel prices have resulted in
more miles being driven.
, Piracy has affected the ability of US and international freight shippers to move goods in
critical ocean shipping lanes. During the past decade (since 2010), the number of
piracy-related incidents has: - Answers - has dropped due to the navies from several
countries patrolling key shipping lanes where pirates have operated
Since 1980, logistics expenditures as a percent of US gross domestic product (GDP)
have: - Answers - Steadily declined over time with expenditures recently "flattening out"
due to fuel prices and a slowly recovering economy
Spending on transportation infrastructure varies by level of government and
transportation mode. Which level of government represents the largest share of public
spending on transportation? - Answers - state and local
The trend in total ton-miles of freight in the United States since 2000: - Answers -
decreased due to the recession with little growth reflecting the state of the economy
The demand for freight transportation is frequently referred to as derived demand. This
reference stems from: - Answers - the demand for a product at a distant location
resulting in the demand for movement of the product
Transportation performs two basic logistics functions. These functions include: -
Answers - Movement and storage
Transportation has played an important role in the defense of the United States. Which
of the following transportation projects was developed to enhance the ability to defend
the country? - Answers - The interstate highway system
Logistics costs are equivalent to what percent of the U.S. gross domestic product based
on the annual CSCMP study of logistics costs? - Answers - 7.6
Higher fuel prices affect the design of logistics and supply chain networks by: - Answers
- Increasing the number of distribution centers and increasing the level of inventory held
The concept of derived demand suggests: - Answers - the demand for transportation is
derived the from the demand for goods
Total landed cost affects the extent of the market a firm may serve by: - Answers -
Determining the ability of a firm to compete in the market
Location theory concentrates on examining two problems. These two problems are: -
Answers - What patterns of location develop and where to market to maximize profit
Which of the following models reflects both the investment required for a location and
the distance traveled? For example, facilities supporting a significant investment would
be located near the center of a city while facilities involving little investment, such as
