100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
TRL3706 MAY/JUNE EXAM ANSWERS 2023 R250,00   Add to cart

Exam (elaborations)

TRL3706 MAY/JUNE EXAM ANSWERS 2023

 63 views  0 purchase

EXAM ANSWERS AVAILABLE

Preview 2 out of 10  pages

  • May 17, 2023
  • 10
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (18)
avatar-seller
LolaJacobs
TRL3706
MAY EXAM
Year: 2023 (SEMESTER 1)




LOLA JACOBS ASSIGNMENTS 0618151315

, QUESTION 1
A carrier should know which technological variables are decisive for the economical operation of
a vehicle if the enterprise is to maximise its profit. Explain how you would manage vehicle
capacity to ensure profit maximisation amid the restrictive COVID-19 regulations. (10)
TOTAL [10]


To manage vehicle capacity and ensure profit maximization amid restrictive COVID-19
regulations, the following strategies can be employed:

1Monitoring Demand and Adjusting Capacity: Stay updated with the latest COVID-19
regulations and assess the demand for transportation services in different areas. Use historical
data and market trends to predict demand patterns. Adjust vehicle capacity accordingly to
match the expected demand, ensuring that the number of vehicles in operation aligns with the
customer needs.

3Implementing Dynamic Scheduling: Utilize dynamic scheduling techniques to optimize vehicle
capacity. By continuously analyzing real-time data on customer demand, traffic conditions, and
COVID-19 restrictions, you can efficiently allocate vehicles and drivers to routes, ensuring the
most cost-effective and profitable utilization of resources.

3Implementing Contactless Delivery and Pickup: Minimize physical contact between drivers and
customers by implementing contactless delivery and pickup options. Encourage customers to
use online platforms or mobile applications to book and track their shipments. This approach
reduces the risk of virus transmission while maintaining efficient operations.

4Collaborating with Partners: Establish partnerships with other logistics providers or shipping
companies to share capacity. By collaborating, you can optimize resources and reduce
operational costs. This can be particularly useful during times of low demand when individual
capacity utilization may not be cost-effective.

5Reducing Non-Essential Travel: Minimize non-essential travel and focus on essential
shipments. Analyze the nature of shipments and prioritize those that are vital to customers or
critical supply chains. This reduces unnecessary costs associated with underutilized capacity
and enables a more efficient allocation of resources.

6Implementing Health and Safety Measures: Prioritize the health and safety of drivers and
employees by implementing strict health protocols. Provide personal protective equipment
(PPE) to drivers, enforce regular sanitization of vehicles, and promote social distancing
measures. By ensuring the well-being of your workforce, you can maintain a healthy and
efficient operation.

7Utilizing Technology Solutions: Leverage technological tools and solutions to streamline
operations and optimize capacity management. This may include implementing route
optimization software, using GPS tracking systems to monitor vehicles in real-time, and
employing data analytics to gain insights into demand patterns and customer behavior.




LOLA JACOBS ASSIGNMENTS 0618151315

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller LolaJacobs. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R250,00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73216 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R250,00
  • (0)
  Buy now