Question

1. Merge in transit allows several shipments to be brought together and merged into one aorder for delivery to a customer. True/False

2. Logistics costs in the US as a percentage of GDP are among the highest. True/False.

3.Transportation provides the linkages among supply chain members True/false

4. FOB terms determine:

a. Who owns the freight (title) b. Who bears the risk during transport c. Who pays for freight d. All of the above

5. if an item is lightweight but bulky, it is cheaper to ship based on the light weight. True/False

Answer 1

Answer 1 : True

Note : In merge in transit several shipments from various sellers are brought together and delivered as one order for delivery to customer.

Answer 2 : True

Note : Logistic costs in US of GDP are almost 6% of the transportation cost.

Answer 3 : False

Note : Transportation does not link the supply chain members.

Answer 4 : b. Who bears the risk during transport

Note : In FOB the cost and risk that must be bear by either seller or buyer is determined.

Answer 5 : False

Note : Shipping cost are determined upon the dimensions of items and not merely upon weight.