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LSCM 4560 EXAM 2 QUIZZES QUESTIONS WITH VERIFIED ANSWERS

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LSCM 4560 EXAM 2 QUIZZES QUESTIONS WITH VERIFIED ANSWERS

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LSCM 4560 EXAM 2 QUIZZES QUESTIONS WITH
VERIFIED ANSWERS


The proportion of intercity ton-miles transported by each mode has shifted over time. In
the case of motor carriers, the percentage has: - Answers - Increased due to logistics
managers attempting to reduce their total cost by trading off transportation costs to
obtain more than off-setting cost reductions in inventory carrying costs

We can classify motor carriers by which of the following categories? - Answers - a) For
hire, contract, and private
b) Truckload (TL) and less-than-truckload (LTL)
c) Type of commodity carried (e.g., refrigerated, flatbed, household goods, etc.)
d) All of the above
e) None of the above

Answer:All the above

Of the carriers registered with the Federal Motor Carrier Safety Administration, the
majority operate: - Answers - Six or fewer trucks

What development led to the steady replacement of motor carriers for railroads [trucking
being used more often] over the last several decades? - Answers - The interstate
highway system

Intermodal competition for motor carriers: - Answers - Includes air and rail

The market structure for less than truckload motor carriers can be characterized as: -
Answers - Oligopoly

Motor carriers primarily transport: - Answers - Manufactured consumer goods

Motor carriers have the greatest advantage in which of the following service and
operating characteristics? - Answers - Accessibility

The cost structure for motor carriers: - Answers - has high variable costs resulting in
high operating ratios.

This type of motor carrier terminal focuses requires careful synchronizing on inbound
and outbound shipments to ensure freight is quickly sorted and moved to its final
destination with no storage: - Answers - Cross-dock

, An operating ratio of 92 percent for a motor carrier suggest: - Answers - a) 92 percent of
every revenue dollar is consumed by operating expenses

b) The carrier probably has a relatively low percentage of fixed costs

c) 92 percent of revenue is directly spent on the transportation of freight

d) All of the above

e) None of the above

Answer: All of the above

Which segment of the motor carrier industry experience significant growth in the number
of carriers following deregulation? - Answers - Truckload

Motor carriers employ approximately 3.5 millon drivers. Future projections of the driver
workforce indicate: - Answers - the industry will experience a major shortfall in drivers
by 2014

Current hours-of-service (HOS) regulations limit the number of hours a drive can
operate a commercial motor vehicle for an interstate carrier during a 24 hour period to: -
Answers - Eleven

The ability to achieve economies of scale is extremely important to transportation. The
on-line text author suggest the ability of motor carriers to achieve economies of scale is:
- Answers - limited due to the size constraints imposed by government regulations

Vehicle routing problems may take several forms. This form involves shipping from
multiple origins (plants) to multiple destinations (customers): - Answers - transshipment

This diagram shows two routes. What actions could be taken to improve these routes?

The figure shows two routes. The routes are oval shaped and parallel to each other.
The customer locations are weighted at the end of each oval with no customer locations
in between. - Answers - Tighter clustering to reduce travel time

Image showing map. The Friday delivery locations overlap with the Tuesday delivery
locations
Retailers often confront a delivery scenario similar to the one shown in the graphic
below.

The routing in this scenario could be improved by: - Answers - Forming clusters and
delivering to each cluster on different days

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