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LSCM 4560 EXAM 1 REVIEW QUESTIONS

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LSCM 4560 EXAM 1 REVIEW QUESTIONS

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LSCM 4560 EXAM 1 REVIEW QUESTIONS


1.the demand for goods - Answers - The demand for transportation is derived from:

2.includes the cost of the product at the source plus the cost to transport the product to
its destination - Answers - The concept of landed cost:

3.What patterns of location develop and where to market to maximize profit - Answers -
Location theory concentrates on examining two problems. These two problems are:

4.Items with the highest value density should be located on the innermost concentric
circle - Answers - Von Thunen suggested that:

5.suggests weight gaining products should be located near the point of consumption -
Answers - Weber's location triangle model:

6. that if transportation costs are halved, then the market area that can be served
increases by four times - Answers - The required reading includes a section on
Lardner's Law to explain the extent of the market for a firm. Lardener's Law suggests:

7.the landed cost for each supplier - Answers - The Fetter and Losch model attempts to
determine the extent of the market between two suppliers. The Fetter and Losch model
determines the extent of the market using:

8.Euclidean distance is used to calculate the distance of a straight line between two
points, rectilinear distance measures vertical and horizontal distances between points -
Answers - Which of the following is true regarding Euclidean and rectilinear distance?

9.median - Answers - You have been asked to determine the location of a distribution
center to serve several retail locations in a dense urban area. Which of the following
models would be the most appropriate to solve this problem?

10.travel moves in straight lines similar to routes over large geographic areas - Answers
- Which of the following is a key assumption of the center-of-gravity model for facility
location?

11.Supporting the westward expansion through the development of canals and railroads
- Answers - Transportation has played a significant role in the development of the
United States by:

12.air, pipeline, water, rail and motor carriers - Answers - The transportation system
consists of five modes which include:

, 13.Motor carriers - Answers - Which mode of transportation moves the most intercity
ton-miles and accounts for approximately 40 percent of the intercity ton-miles?

14.Domestic water - Answers - Which mode of has lost the greatest volume of freight,
expressed as a percent of intercity ton-miles since 1990?

15. Coastal water - Answers - Of the following transportation modes, which has the
longest average length of haul?

16.16-19 percent - Answers - Transportation accounts for approximately what percent of
the average household's expenditures?

17. 70 percent - Answers - Transportation accounts for approximately what percent of
total US petroleum consumption?

18.Highway related fatalities involving passenger vehicles represent the majority of
transportation fatalities. - Answers - The United States experienced over 36,000
transportation related fatalities in 2018. Which of the following statements best reflects
the trend in transportation-related fatalities?

19.has dropped due to the navies from several countries patrolling key shipping lanes
where pirates have operated - Answers - 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:

20.Canada - Answers - The United States sources more of its imported oil from this
country than any other.

21.air has the longest average length of haul due to the need to take advantage of its
speed and to spread costs across along a longer distance - Answers - Based on the
mode and the cost to transport an item, we would expect the average length of haul to
vary between modes. Which of the following statements is true regarding the average
length of haul?

22.Divides the entire freight market by transportation mode, often by the percent of ton-
miles moved by each mode - Answers - The modal split is a useful analytical tool for
studying transportation. This concept:

23.Steadily trended downward but have fluctuated in recent years due to fuel prices and
a slowing economy - Answers - Logistics costs as a percent of GDP have:

25.Has more than quadrupled since 1970 with an average growth rate of five percent -
Answers - Air passenger transportation has experienced several major trends since
1970. Which of the following best describes the trend in air passenger miles travelled in
the United States?

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