SCMN 3720 Test 1 Strickland Questions Answers Rated A+

SCMN 3720 Test 1 Strickland Questions Answers Rated A+ Transportation has been described as the glue that holds the supply chain together. T/F True In 2030, it is estimated that 60% of the world's population that will live in urban areas. T/F True Reverse logistics systems are developed for receiving payment from customers. T/F False Europe is the continent that will have the largest number of megacities by 2015. T/F False The 3 major flows in a supply chain are products, information, and money. T/F True The supply chain management concept captured the attention of senior level executives in many organizations starting in the 1970's. T/F False, 1990's The United States has the largest export trade flow in the world. T/F False, China has the largest export trade flow Air transportation has more passenger-miles than railroads and bus services combined. T/F True A transportation shipment of 75 tons for 125 miles would be 9375 ton-miles. T/F True The primary reason for the creation of the U.S. interstate roadway system was to promote commerce. T/F False, for national defense Aggregate transportation expenditures are about 9% of GDP in the U.S. T/F True Demand for transportation at the macro level is elastic, while demand for transportation at the micro level is inelastic. T/F False The demand for transportation is considered an Independent Demand. T/F False Approximately 10% of the freight ton-mile traffic in the U.S. is carried by air. T/F False Reliability is the transportation service characteristic defined as the trustworthiness of the carrier. T/F False The use of aerodynamic devices and low rolling resistance tires can result in a net fuel savings of 10% or more. T/F True In 2015, there were 667 fatalities from railroad carriers, airlines, and water cargo transporters combined while large truck and bus crashes resulted in fewer than 300 fatalities. T/F False Maersk Lines is teaming with Microsoft to use Blockchain technology in ocean shipping. T/F False The use of ELDs in trucking was mandated