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SCM 303 Exam 3 MSU |Questions with 100% Correct Answers
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SCM 303 Exam 3 MSU |Questions with 100%Correct Answers
5 Major Transportation Modes - ✔️✔️Air
Rail
Truck
Water
Pipeline
Transportation Infrastructure - ✔️✔️The durable physical assets required to facilitate
transportation
LTL lbs size - ✔️✔️150-10,000 lbs (too big to be handled manually but too small to fill a truck)
What weight is used for rates? - ✔️✔️Dimensional Weight
Air transportation is used for ____% of US domestic freight - ✔️✔️<1%
Air transportation is best suited for... - ✔️✔️high value, low volume, urgent, perishable, or time-
specific deliveries
Pipeline is __________ transportation - ✔️✔️one-way
Pipeline products are ___________ - ✔️✔️liquid
What four rail carriers dominate the US market? - ✔️✔️CSX, Norfolk Southern (NS), Burlington
Northern (BNSF), Union Pacific (UP)
,Water transportation moves about __% of global trade - ✔️✔️80%
Capacity per ship - ✔️✔️200,000 tons
Best capability transportation mode - ✔️✔️Water
Best capacity transportation mode - ✔️✔️Water
Best cost transportation mode - ✔️✔️Pipeline
Best reliability transportation mode - ✔️✔️Pipeline
Best speed transportation mode - ✔️✔️Air
Best flexibility transportation mode - ✔️✔️Truck
Worst capability transportation mode - ✔️✔️Pipeline
Worst capacity transportation mode - ✔️✔️Air
Worst flexibility transportation mode - ✔️✔️Pipeline
Worst speed transportation mode - ✔️✔️Pipeline
Worst cost transportation mode - ✔️✔️Air
, Intermodal transportation uses... - ✔️✔️a container or other equipment that can be transferred
from vehicle of one mode to the vehicle of another mode without the contents being reloaded
or disturbed
one TEU (twenty-foot) equivalent - ✔️✔️8' x 8' x 20' long
Parcels weigh up to ___lbs - ✔️✔️150
Freight forwarders do what? - ✔️✔️offer service to shippers to consolidate small shipments into
bulk shipments for better rates
Shipper's associations are similar to air and freight forwarders except... - ✔️✔️they are not-for-
profit organizations and are primarily focused on achieving the lowest rates for members
Types of transportation regulation - ✔️✔️environmental, safety, economic
legal classifications for carriers - ✔️✔️common, contract, private
Incoterms acronym - ✔️✔️International Commercial Terms
Inctoterms established by __________ - ✔️✔️International Chamber of Commerce (ICC)
Incoterm: Delivery - ✔️✔️the point in the transaction where the risk of loss or damage to the
goods is transferred from the seller to the buyer
Incoterm: Arrival - ✔️✔️the point named in the Incoterm to which carriage has been paid
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