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EXAM 1 review LSCM 4560 with correct answers 100% 2026

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EXAM 1 review LSCM 4560 with correct answers 100% 2026 demand for goods - Correct Answers The demand for transportation is derived from: des the cost of the product at the source plus the cost to transport the product to its destination - Correct Answers The concept of landed cost: 3.What patterns of location develop and where to market to maximize profit - Correct 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 - Correct Answers Von Thunen suggested that: sts weight gaining products should be located near the point of consumption - Correct 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 - Correct 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: landed cost for each supplier - Correct 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 - Correct Answers Which of the following is true regarding Euclidean and rectilinear distance?

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EXAM 1 review LSCM 4560 with correct
answers 100% 2026
1.the demand for goods - Correct 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 - Correct Answers The concept of landed cost:



3.What patterns of location develop and where to market to maximize profit - Correct 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 -
Correct Answers Von Thunen suggested that:



5.suggests weight gaining products should be located near the point of consumption - Correct
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 - Correct 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 - Correct 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 - Correct
Answers Which of the following is true regarding Euclidean and rectilinear distance?

, 9.median - Correct 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 - Correct 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 -
Correct Answers Transportation has played a significant role in the development of the United
States by:



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



13.Motor carriers - Correct 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 - Correct Answers Which mode of has lost the greatest volume of freight,
expressed as a percent of intercity ton-miles since 1990?



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



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



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

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