MKTG 372 Final Exam Questions With
Correct Answers
The movement of product from one location to another as it makes its
| | | | | | | | | | | | |
way from the beginning of a supply chain to the customer's hands is
| | | | | | | | | | | | |
referred to as - CORRECT ANSWER✔✔-transportation
| | | | |
Transportation plays a key role in every supply chain because - CORRECT
| | | | | | | | | | |
|ANSWER✔✔-products are rarely produced and consumed in the same | | | | | | | | |
location
The key players in any transportation that takes place within a supply
| | | | | | | | | | | |
chain are - CORRECT ANSWER✔✔-the shipper and the carrier
| | | | | | | |
Investment decisions regarding the transportation infrastructure (rails,
| | | | | | |
locomotives, trucks, airplanes, etc.) are the primary concern of -
| | | | | | | | | |
CORRECT ANSWER✔✔-the carrier
| |
Which of the following uses transportation to minimize the total cost
| | | | | | | | | | |
(transportation inventory, information, and facility) while providing an
| | | | | | | |
appropriate level of responsiveness to the customer? - CORRECT
| | | | | | | | |
ANSWER✔✔-the shipper |
,The ____ is the party that requires the movement of the product
| | | | | | | | | | | |
between two points in the supply chain - CORRECT ANSWER✔✔-
| | | | | | | | |
shipper
The ____ is the party that moves or transports the product - CORRECT
| | | | | | | | | | | | |
ANSWER✔✔-carrier
Which of the following is the fastest delivery method of transportation?
| | | | | | | | | |
- CORRECT ANSWER✔✔-air
| | |
_____ carriers offer a very fast and fairly expensive mode of
| | | | | | | | | | |
transportation for cargo - CORRECT ANSWER✔✔-air | | | | |
_____ typically move commodities over large distances at lower costs
| | | | | | | | | |
per unit shipped - CORRECT ANSWER✔✔-rail
| | | | |
____ are the preferred mode of transportation for online businesses
| | | | | | | | | |
such as Amazon.com and Dell, as well as for companies such as W.W.
| | | | | | | | | | | | |
Grainger and McMaster-Carr that send small packages to customers -
| | | | | | | | | |
CORRECT ANSWER✔✔-package carriers
| |
Which mode of transportation is the most expensive? - CORRECT
| | | | | | | | | |
ANSWER✔✔-air
,Which mode of transportation is the least expensive? - CORRECT
| | | | | | | | | |
ANSWER✔✔-water
Which mode of transportation is the dominant form of freight
| | | | | | | | | |
transportation? - CORRECT ANSWER✔✔-truck | | |
Which mode of transportation is used primarily for petroleum and
| | | | | | | | | |
natural gas? - CORRECT ANSWER✔✔-pipeline
| | | |
In almost all countries, roads, seaports, airports, rail and canals have
| | | | | | | | | | |
this in common - CORRECT ANSWER✔✔-they were built and/or
| | | | | | | | |
managed by the government | | |
Suppose that a highway is governed by a use fee charged to motorists
| | | | | | | | | | | | |
that is based on congestion, operation and maintenance. The total
| | | | | | | | | |
traffic t is used to determine the cost of 5t^2. What is the average cost
| | | | | | | | | | | | | | |
per motorist? - CORRECT ANSWER✔✔-5t
| | | |
Suppose that a highway is governed by a use fee charged to motorists
| | | | | | | | | | | | |
that is based on congestion, operation and maintenance. The total
| | | | | | | | | |
traffic t is used to determine the cost of 5t^2. What is the marginal cost?
| | | | | | | | | | | | | |
- CORRECT ANSWER✔✔-10t
| | |
, Suppose that a highway is governed by a use fee charged to motorists
| | | | | | | | | | | | |
that is based on congestion, operation and maintenance. The total
| | | | | | | | | |
traffic t is used to determine the cost of 5t^2 + 7t. What is the average
| | | | | | | | | | | | | | | |
cost per motorist? - CORRECT ANSWER✔✔-5t + 7
| | | | | | |
Suppose that a highway is governed by a use fee charged to motorists
| | | | | | | | | | | | |
that is based on congestion, operation and maintenance. The total
| | | | | | | | | |
traffic t is used to determine the cost of 5t^2 + 7t. What is the marginal
| | | | | | | | | | | | | | | |
cost? - CORRECT ANSWER✔✔-10t + 7
| | | | |
Which of these statements about use fees for a highway is best? -
| | | | | | | | | | | | |
CORRECT ANSWER✔✔-A flat rate results in higher use by most
| | | | | | | | | |
individuals
When infrastructure is publicly owned, it is important to price usage to
| | | | | | | | | | | |
reflect - CORRECT ANSWER✔✔-the marginal impact on the cost to
| | | | | | | | | |
society
Which transportation network design option has the elimination of
| | | | | | | | |
intermediate warehouses and its simplicity of operation and
| | | | | | | |
coordination as its major advantage? - CORRECT ANSWER✔✔-Direct
| | | | | | | |
shipping network |
Correct Answers
The movement of product from one location to another as it makes its
| | | | | | | | | | | | |
way from the beginning of a supply chain to the customer's hands is
| | | | | | | | | | | | |
referred to as - CORRECT ANSWER✔✔-transportation
| | | | |
Transportation plays a key role in every supply chain because - CORRECT
| | | | | | | | | | |
|ANSWER✔✔-products are rarely produced and consumed in the same | | | | | | | | |
location
The key players in any transportation that takes place within a supply
| | | | | | | | | | | |
chain are - CORRECT ANSWER✔✔-the shipper and the carrier
| | | | | | | |
Investment decisions regarding the transportation infrastructure (rails,
| | | | | | |
locomotives, trucks, airplanes, etc.) are the primary concern of -
| | | | | | | | | |
CORRECT ANSWER✔✔-the carrier
| |
Which of the following uses transportation to minimize the total cost
| | | | | | | | | | |
(transportation inventory, information, and facility) while providing an
| | | | | | | |
appropriate level of responsiveness to the customer? - CORRECT
| | | | | | | | |
ANSWER✔✔-the shipper |
,The ____ is the party that requires the movement of the product
| | | | | | | | | | | |
between two points in the supply chain - CORRECT ANSWER✔✔-
| | | | | | | | |
shipper
The ____ is the party that moves or transports the product - CORRECT
| | | | | | | | | | | | |
ANSWER✔✔-carrier
Which of the following is the fastest delivery method of transportation?
| | | | | | | | | |
- CORRECT ANSWER✔✔-air
| | |
_____ carriers offer a very fast and fairly expensive mode of
| | | | | | | | | | |
transportation for cargo - CORRECT ANSWER✔✔-air | | | | |
_____ typically move commodities over large distances at lower costs
| | | | | | | | | |
per unit shipped - CORRECT ANSWER✔✔-rail
| | | | |
____ are the preferred mode of transportation for online businesses
| | | | | | | | | |
such as Amazon.com and Dell, as well as for companies such as W.W.
| | | | | | | | | | | | |
Grainger and McMaster-Carr that send small packages to customers -
| | | | | | | | | |
CORRECT ANSWER✔✔-package carriers
| |
Which mode of transportation is the most expensive? - CORRECT
| | | | | | | | | |
ANSWER✔✔-air
,Which mode of transportation is the least expensive? - CORRECT
| | | | | | | | | |
ANSWER✔✔-water
Which mode of transportation is the dominant form of freight
| | | | | | | | | |
transportation? - CORRECT ANSWER✔✔-truck | | |
Which mode of transportation is used primarily for petroleum and
| | | | | | | | | |
natural gas? - CORRECT ANSWER✔✔-pipeline
| | | |
In almost all countries, roads, seaports, airports, rail and canals have
| | | | | | | | | | |
this in common - CORRECT ANSWER✔✔-they were built and/or
| | | | | | | | |
managed by the government | | |
Suppose that a highway is governed by a use fee charged to motorists
| | | | | | | | | | | | |
that is based on congestion, operation and maintenance. The total
| | | | | | | | | |
traffic t is used to determine the cost of 5t^2. What is the average cost
| | | | | | | | | | | | | | |
per motorist? - CORRECT ANSWER✔✔-5t
| | | |
Suppose that a highway is governed by a use fee charged to motorists
| | | | | | | | | | | | |
that is based on congestion, operation and maintenance. The total
| | | | | | | | | |
traffic t is used to determine the cost of 5t^2. What is the marginal cost?
| | | | | | | | | | | | | |
- CORRECT ANSWER✔✔-10t
| | |
, Suppose that a highway is governed by a use fee charged to motorists
| | | | | | | | | | | | |
that is based on congestion, operation and maintenance. The total
| | | | | | | | | |
traffic t is used to determine the cost of 5t^2 + 7t. What is the average
| | | | | | | | | | | | | | | |
cost per motorist? - CORRECT ANSWER✔✔-5t + 7
| | | | | | |
Suppose that a highway is governed by a use fee charged to motorists
| | | | | | | | | | | | |
that is based on congestion, operation and maintenance. The total
| | | | | | | | | |
traffic t is used to determine the cost of 5t^2 + 7t. What is the marginal
| | | | | | | | | | | | | | | |
cost? - CORRECT ANSWER✔✔-10t + 7
| | | | |
Which of these statements about use fees for a highway is best? -
| | | | | | | | | | | | |
CORRECT ANSWER✔✔-A flat rate results in higher use by most
| | | | | | | | | |
individuals
When infrastructure is publicly owned, it is important to price usage to
| | | | | | | | | | | |
reflect - CORRECT ANSWER✔✔-the marginal impact on the cost to
| | | | | | | | | |
society
Which transportation network design option has the elimination of
| | | | | | | | |
intermediate warehouses and its simplicity of operation and
| | | | | | | |
coordination as its major advantage? - CORRECT ANSWER✔✔-Direct
| | | | | | | |
shipping network |
