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LSCM 4560 FINAL REVIEW QUESTIONS

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LSCM 4560 FINAL REVIEW QUESTIONS

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Although the volume of containers flowing through our ports represents a significant
challenge, the container volume is concentrated within a relatively small number of
ports. Eighty-seven percent of the TEUs are handled by how many US ports? - Answers
- ten

Containers are typically loaded and support freight movements several times each year.
On average, containers are loaded how many times per year? - Answers - ten

To mitigate the risks associated with global trade, the United States government has
adopted - Answers - A layered strategy

Which organization has the responsibility for assessing port vulnerability and setting
standards for port security? - Answers - US Coast Guard

This Customs and Border Protection (CBP) initiative requires that the manifest for
shipments bound for the United States be provided 24 hours in advance of loading
aboard ship at the port of debarkation. - Answers - Container Security Initiative

This security initiative seeks to identify and inspect containers representing a potential
threat at the point of embarkation rather than in the United States. - Answers -
Container Security Initiative (CSI)

Under this voluntary program, US companies agree to certify the security of their supply
chain from point-of-origin to final destination. - Answers - Customs Trade Partnership
Against Terrorism

VACIS is used at ports to - Answers - Screen containers using gamma radiation

CBP has the responsibility for inspecting inbound containers. They physically inspect
what percent of incoming containers? - Answers - five percent or less

Customs and Border Patrol uses this system to electronically clear shipments entering
the United States: - Answers - Automated Commercial Environment (ACE)

The single largest trading partner with the United States is: - Answers - Canada

A comparison of the modal split between the United States and Europe indicates: -
Answers - None of the above

Texas ranks as the 15th largest trading partner in the world. Texas trades more with this
country than any other: - Answers - Mexico

A comparison of the modal split between the United States and Europe indicates: -
Answers - None of the above

, The country or region with the lowest logistics costs, as expressed as a percent of gross
domestic product (GDP) is: - Answers - United States

Companies such as JC Penney have separate departments for managing international
transportation. The difference in international transportation contributing to this need for
a separate international transportation staff is: - Answers - Use of different carriers and
transportation modes

Global transportation managers confront several challenges. This challenge addresses
the severe congestion problems that transportation managers confront when moving
heavy volumes of traffic. - Answers - Trade level fluctuation

The text identifies several channel issues and the concept of logistics channels for
managing key product and information flows. Which of the following was identified as a
logistics channel? - Answers - Transaction Channel

Which mode moves no international tonnage for the United States? - Answers - None of
the above

A free trade agreement - Answers - Lifts most or all tariffs, quotas, and other barriers to
trade between countries

A maquiladora is: - Answers - A manufacturing plant in Mexico where no Mexican
import duties are paid on goods returning to the United States

Which transportation mode moves the most tonnage between the United States and its
NAFTA trading partners? - Answers - Water

This financial instrument ensures the exporter gets paid and the importer receives the
goods. The instrument is issued by the importer's bank to the exporter. - Answers -
Letter of Credit

An importer [buyer] that is not familiar with international shipping and the import/export
process would most likely use which of the following: - Answers - The delivery duty paid
(DDP) INCOterm

Many shippers implement a "core carrier strategy." By implementing a core carrier
strategy, shippers - Answers - Leverage their buying power by concentrating their
shipment volumes with a limited number of carriers

The principle of optimum unit of cargo suggests: - Answers - Costs decrease with larger
shipment sizes.

This principle of logistics attempts to relocate activities in the supply chain to the firm
that can perform them at least cost or with the greatest effect on performance: -
Answers - Shared/shifted risk

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