LSCM 4560 EXAM |QUESTIONS & ANSWERS VERIFIED
SOLUTIONS 100%|GRADE A+|LATEST 2024/2025
The demand for transportation is derived from: - ✔✔1.the demand for goods
The concept of landed cost: - ✔✔2.includes the cost of the product at the source
plus the cost to transport the product to its destination
Location theory concentrates on examining two problems. These two problems are:
- ✔✔3.What patterns of location develop and where to market to maximize profit
Von Thunen suggested that: - ✔✔4.Items with the highest value density should be
located on the innermost concentric circle
Weber's location triangle model: - ✔✔5.suggests weight gaining products should
be located near the point of consumption
The required reading includes a section on Lardner's Law to explain the extent of
the market for a firm. Lardener's Law suggests: - ✔✔6. that if transportation costs
are halved, then the market area that can be served increases by four times
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: - ✔✔7.the landed cost for each supplier
Which of the following is true regarding Euclidean and rectilinear distance? - ✔✔
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
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? - ✔✔9.median
Which of the following is a key assumption of the center-of-gravity model for
facility location? - ✔✔10.travel moves in straight lines similar to routes over large
geographic areas
, Transportation has played a significant role in the development of the United
States by: - ✔✔11.Supporting the westward expansion through the development
of canals and railroads
The transportation system consists of five modes which include: - ✔✔12.air,
pipeline, water, rail and motor carriers
Which mode of transportation moves the most intercity ton-miles and accounts for
approximately 40 percent of the intercity ton-miles? - ✔✔13.Motor carriers
Which mode of has lost the greatest volume of freight, expressed as a percent of
intercity ton-miles since 1990? - ✔✔14.Domestic water
Of the following transportation modes, which has the longest average length of
haul? - ✔✔15. Coastal water
Transportation accounts for approximately what percent of the average household's
expenditures? - ✔✔16.16-19 percent
Transportation accounts for approximately what percent of total US petroleum
consumption? - ✔✔17. 70 percent
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? - ✔✔18.Highway related fatalities involving passenger vehicles
represent the majority of transportation fatalities.
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: - ✔✔19.has dropped due to the navies
from several countries patrolling key shipping lanes where pirates have operated
The United States sources more of its imported oil from this country than any
other. - ✔✔20.Canada
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
SOLUTIONS 100%|GRADE A+|LATEST 2024/2025
The demand for transportation is derived from: - ✔✔1.the demand for goods
The concept of landed cost: - ✔✔2.includes the cost of the product at the source
plus the cost to transport the product to its destination
Location theory concentrates on examining two problems. These two problems are:
- ✔✔3.What patterns of location develop and where to market to maximize profit
Von Thunen suggested that: - ✔✔4.Items with the highest value density should be
located on the innermost concentric circle
Weber's location triangle model: - ✔✔5.suggests weight gaining products should
be located near the point of consumption
The required reading includes a section on Lardner's Law to explain the extent of
the market for a firm. Lardener's Law suggests: - ✔✔6. that if transportation costs
are halved, then the market area that can be served increases by four times
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: - ✔✔7.the landed cost for each supplier
Which of the following is true regarding Euclidean and rectilinear distance? - ✔✔
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
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? - ✔✔9.median
Which of the following is a key assumption of the center-of-gravity model for
facility location? - ✔✔10.travel moves in straight lines similar to routes over large
geographic areas
, Transportation has played a significant role in the development of the United
States by: - ✔✔11.Supporting the westward expansion through the development
of canals and railroads
The transportation system consists of five modes which include: - ✔✔12.air,
pipeline, water, rail and motor carriers
Which mode of transportation moves the most intercity ton-miles and accounts for
approximately 40 percent of the intercity ton-miles? - ✔✔13.Motor carriers
Which mode of has lost the greatest volume of freight, expressed as a percent of
intercity ton-miles since 1990? - ✔✔14.Domestic water
Of the following transportation modes, which has the longest average length of
haul? - ✔✔15. Coastal water
Transportation accounts for approximately what percent of the average household's
expenditures? - ✔✔16.16-19 percent
Transportation accounts for approximately what percent of total US petroleum
consumption? - ✔✔17. 70 percent
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? - ✔✔18.Highway related fatalities involving passenger vehicles
represent the majority of transportation fatalities.
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: - ✔✔19.has dropped due to the navies
from several countries patrolling key shipping lanes where pirates have operated
The United States sources more of its imported oil from this country than any
other. - ✔✔20.Canada
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
