GMS 803 week 1 notes questions well
answered to pass
Transportation: - correct answer ✔✔Transform geographical attributes
of freights, people, information from one place to another
adding value in the process
Transportability: - correct answer ✔✔Related to degrees of convenience
Transport costs
Attributes of item - Fragile item, perishable item, the price.
Political factors - Laws, regulations, tariffs.
Is transportation a science? - correct answer ✔✔Transportation not necessarily a science,
A field of application
borrows concepts and ideas from many disciplines.
Transportation fills a demand in ... - correct answer ✔✔Transportation fills a demand in mobility.
Derived demand - correct answer ✔✔Something takes place because other activities are taking place.
Can Transportation exist alone? - correct answer ✔✔Transportation can not exist alone. A movement
can not be stored
What happens to an unsold product - correct answer ✔✔An unsold product can remain on shelf of a
store until bought
What happens to an unsold item like a plane seat or unused cargo capacity. Has an opportunity been
missed? - correct answer ✔✔An unsold seat on a flight or unused cargo capacity in the same flight can
answered to pass
Transportation: - correct answer ✔✔Transform geographical attributes
of freights, people, information from one place to another
adding value in the process
Transportability: - correct answer ✔✔Related to degrees of convenience
Transport costs
Attributes of item - Fragile item, perishable item, the price.
Political factors - Laws, regulations, tariffs.
Is transportation a science? - correct answer ✔✔Transportation not necessarily a science,
A field of application
borrows concepts and ideas from many disciplines.
Transportation fills a demand in ... - correct answer ✔✔Transportation fills a demand in mobility.
Derived demand - correct answer ✔✔Something takes place because other activities are taking place.
Can Transportation exist alone? - correct answer ✔✔Transportation can not exist alone. A movement
can not be stored
What happens to an unsold product - correct answer ✔✔An unsold product can remain on shelf of a
store until bought
What happens to an unsold item like a plane seat or unused cargo capacity. Has an opportunity been
missed? - correct answer ✔✔An unsold seat on a flight or unused cargo capacity in the same flight can
