Which of the following represents the most expensive mode for transportation of goods?

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chapter 7&8
What is the most expensive transportation method?
Why is it the most expensive mode of transport?
What is the expensive means of transport?
What is the fastest and most expensive transportation mode?

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chapter 7&8

Question	Answer
when a carrier's transportation vehicle is used for temporary storage a firm typically has to pay. T/F	True
when the release of railroad equipment is detained by a shipper a detention charge may apply. T/F	False
A minimum charge represents the lowest cost per hundred weight a carrier offers. T/F	True
Which of the following is included in the cost of carrying inventory?	Heating and lighting a warehouse
the jones company learned that several other shippers located in its hometown had customers located in the same markets it serves. with this information Jones could find it advantage to investigate the potential of?	pooled delivery consolidation
Jones Company decided it would only deliver to each geographic market it serves once each week. This strategy is called?	schedule delivery consolidation
A pickup allowance reflects a discount given to a customer when they provide transportation on a shipment that otherwise would involve delivery. T/F	True
The main disadvantage of pipelines is that they can only transport liquids.	False
water transport has the highest fixed cost. T/F	False
the legislation that determines how many hours a locomotive operator can work is called Hours Of Service (HOS). T/F	False
RAJ company and lee company... which of the following is true?	IDK RAJ
The transportation mode having the best overall operating characteristics is Truck. T/F	True
Jones Company recently has calculated that the EOQ for a particular item is 1,000 units. However, Jones does not have enough capital to order that many units each time, so it only orders 250 units at a time. This will result in: ?	lower annual inventory carry cost than ordering the EOQ quantity.
which combination of transportation operating service Characteristics not correct?	capability, air is best; truck is worst
a company recently lowered its service performance from 99% product availability to 97% product availability . The change saved the company exactly $1million per year in inventory carrying cost. wants to lowest to 95% further change is likely to save ?	capital
the mode of transportation hauling the most tonnage is ?	Truck
Freight classification is a method to simplify the locations being serviced by a carrier. T/F	False
if a transportation vehicle has completed a delivery and is returned empty, the situation is called a?	deadhead
to facilitate classification of a large variety of different items being shipped on a single invoice a Traffic manager may want to consider?	FAK rates
A joint rate is applicable when two or more carriers participate in a specific transportation movement. T/F	True
If you want to find freight rates charged by a transportation company to deliver different size shipments between two cities you should check the bill of lading. T/F	False
Cost of capital or opportunity cost is one of the major "Carrying Costs" Another example of carrying cost is ?	all of the above
Pipeline has the highest dependability and frequency among alternative modes. T/F	False
Railroad mileage has declined over the past several decades. T/F	False
the main advantage of air transportation is safety. T/F	False
the document that lists and details the contents and conditions of a shipment is called?	bill of lading
As a general rule the greater the density the lower the freight rate. T/F	True
Trucking has superior operating characteristics in all categories except availability. T/F	True
When calculating Recorder Point (ROP) which of the following factors WOULD NOT affect the calculation?	items EOQ
Given the information above about RAJ and LEE, which of the following is true?	? raj
A freight forward is an example of a non-operating intermediary. T/F	True
The significant difference between a class rate and a commodity rate is the type of freight being shipped. T/F	True
A batch of Raisin Bran that has been made at Kellogg's, but not yet packaged in its final cereal box would be an example of ---- inventory.	work-in process
The transportation economic principle that deals with economy of distance is?	tapering
Motor Carrier are the most used mode of transportation. T/F	True
intermodal transportation typically consists of using three modes to complete a shipment. T/F	False
Alpha Company places 10 orders per year with its supplier. Each order is for an amount exactly equal to the EOQ Apple's order cost has been determined to be $50 per order. Alpha carriers no safety stock at all. What is Alpha's ordering costs per year?	$500
Which of the following is a non-operating transportation intermediary?	freight forward
The land bridge combines sea and rail transport. T/F	True
The transportation mode having the fastest point to point transit time is truck. T/F	True
If average lead time went up from 10 to 15 days , what will happen to EOQ?	No change in EOQ
if you want the consignee to be responsible for goods while they are intransit you should ship products?	FOB destination
Declining transport rates as the quantity shipped increases represent ?	economy of scale
Safety stock exists for which of the following reasons?	to provide protection against the uncertainties of demand.
Assume your firm uses Uniform Delivered Pricing. This will result in ?	customers located close to you paying a phantom freight.
Among the following choices which is typically the most expensive transportation mode ?	Air
which of the following is a product characteristic that directly influences transportation cost?	all of the above
The hazardous Materials Transportation Uniform Safety Act of 1990 was a form of?	transportation regulation.
under the transportation regulation the government established rates. t/f	True
Generally the least costly method of moving product that is not gaseous, liquid, or slurry is ?	Water
the rating reflects the cost of shipment from one location to another. T/F	False
Air transportation is characterized by low fixed and high variable cost. T/F	True
since 1995 the use of intermodal transportation has?	increased significantly
How many units should RFC order each time?	20
if you need to find cost to ship 10,000 pounds from Lansing to Orlando you should look at the ?	tariff
what would average inventory be if RFC orders this quantity every time?
with respect to transportation regulation today ?	more social/safety than ever

What is the most expensive transportation method?

Air Transport However, air is also the most expensive means of transportation; it is generally used only for smaller items of relatively high value—such as electronic equipment—and items for which the speed of arrival is important—such as perishable goods.

Why is it the most expensive mode of transport?

Due to high cost of fuels airways are considered as the most expensive mode of transport.

What is the expensive means of transport?

The correct option is C Aeroplane. Air transport includes all transport through air such as airplanes, helicopters, etc. It is the fastest means of transport and expensive too. Road transport like buses, cars, etc., are used to travel shorter distances and are quite cheaper.

What is the fastest and most expensive transportation mode?

Fastest and costliest mode of transportation is airways. It is very suitable for transport of valuable and precious goods and is a great time saver.

Which of the following represents the most expensive mode for transportation of goods?

chapter 7&8

What is the most expensive transportation method?

Why is it the most expensive mode of transport?

What is the expensive means of transport?

What is the fastest and most expensive transportation mode?

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