Reference no: EM132260758

1. The chief advantage of shipping by truck is

1) lower cost.

2) the ability to consolidate shipments.

3) location flexibility.

4) the ability to ship less-than-truckload amounts.

2. In addition to cost, which of the following is a key factor to consider in transportation mode decisions?

1) Performance against promised delivery times

2) Access to the mode, from both the supplier and customer perspectives

3) Special handling requirements

4) All of these choices

3. Which of the following is NOT a significant contributing factor to warehouse location decisions?

1) Cost of facility maintenance

2) Government incentives

3) Proximity to suppliers

4) All of these choices are significant contributing factors.

4. Which of the following is correct concerning government and transportation?

1) Governments own parts of transportation systems, even whole systems.

2) Deregulation in the United States meant transportation companies could raise their prices.

3) Outside the United States, governments tend to own more of the transportation systems in place.

4) All of these choices.

5. Annual logistics expenditures worldwide are

1) less than 5% of the global GDP (less than approximately $1.5 trillion).

2) between 5% and 10% of the global GDP (between approximately $1.5 and $3.0 trillion).

3) between 10% and 20% of the global GDP (between approximately $3.0 and $6.0 trillion).

4) more than 20% of the global GDP (more than approximately $6.0 trillion).