Supply Chain Analytics
Practice Exam
Course Introduction
Supply Chain Analytics focuses on the application of data-driven techniques and quantitative analysis in making strategic, tactical, and operational decisions in supply chain management. The course explores methods for collecting, analyzing, and interpreting data related to procurement, production, inventory, transportation, and distribution. Students will learn to use analytical models, optimization, simulation, and visualization tools to identify inefficiencies, forecast demand, evaluate risks, and enhance overall supply chain performance. Case studies and real-world examples will be used to illustrate how analytics can create value, drive innovation, and improve competitiveness in todays dynamic global markets.
Recommended Textbook
Transportation A Global Supply Chain Perspective 8th Edition by John J. Coyle
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14 Chapters
547 Verified Questions
547 Flashcards
Source URL: https://quizplus.com/study-set/717 Page 2
Chapter 1: Global Supply Chains: The Role and Importance of Transportation
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35 Verified Questions
35 Flashcards
Source URL: https://quizplus.com/quiz/14011
Sample Questions
Q1) Which of the following countries have the largest export trade flows:
A) China
B) U.S.
C) Germany
D) Japan
Answer: A
Q2) The top importer in the world is:
A) China
B) Germany
C) Japan
D) U.S.
Answer: D
Q3) What factors have accounted for growth in the volume of global trade?
Answer: A number of factors came into play including economic growth,trade agreements,lower tariffs and a greater acceptance of importing finished products that were manufactured in other countries as opposed to only importing raw materials
Q4) Why was the development of the internet such an important external change agent?
Answer: It made information available in real time to large segments of the population via their personal computers and other devices.
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Chapter 2: Transportation: The Critical Link in the Economy
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35 Verified Questions
35 Flashcards
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Sample Questions
Q1) Explain the role and importance of the Mississippi River System.
Answer: The Mississippi River System is a very important component of this Inland Waterway System in the U.S.It provides low cost transportation service to the many communities located contiguous to the river for the movement of lower value products and materials.
Q2) In terms of average house hold expenses,transportation is:
A) First
B) Second
C) Third
D) Last Answer: B
Q3) Aggregate transportation expenditures are about what percentage of GDP in the U.S.?
A) 1%
B) 10%
C) 15%
D) 20%
Answer: C
Q4) Transportation provides what critical link in the global economy?
Answer: Transportation provides for the link between producers and consumers.
Page 4
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Chapter 3: Transportation Regulation and Public Policy
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/14012
Sample Questions
Q1) Domestic water carriers have received two major forms of federal promotion.They are:
A) research that led to bigger and more powerful tugboats
B) subsidies to plants that located on rivers to use barges
C) the work done by the Army Corp of Engineers and the Coast Guard
D) exempting water carrier from regulation and ice breakers on the Mississippi River
Answer: C
Q2) What is the best justification for a national transportation policy?
A) without one each mode would optimize its own operations
B) the business community would impose its will on the carriers
C) national dependence upon the transportation systems of other countries and the nation's ability to be competitive
D) the significance of transportation to commerce and defense
Answer: D
Q3) What the primary mission of the Federal Motor Carrier Safety Administration?
Answer: The Federal Motor Carrier Safety Administration is a non-economic regulatory body whose main purpose is truck safety.
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5
Chapter 4: Costing and Pricing in Transportation
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41 Verified Questions
41 Flashcards
Source URL: https://quizplus.com/quiz/14014
Sample Questions
Q1) How is the Relevant Market Structure in transportation described?
A) by comparing fixed costs with variable costs
B) by determining all the areas which the carrier can serve effectively
C) by generally describing all possible origin and destination points for each commodity
D) by identifying the relevant market area for one commodity moving between two points
Q2) Value of service pricing is based on the concept which states:
A) shippers should pay rates high enough to insure a high profit for the carrier.
B) carriers should set prices based on the level of service they offer
C) rates should be related to value of the commodity - the higher the value of the commodity the higher the rate should be
D) shippers should offer a price that they feel is fair in relation to the service offered.
Q3) Value of service pricing is best defined as:
A) pricing based upon common costs
B) Pricing based upon what the traffic will bear
C) pricing based on marginal costs
D) pricing based on average costs
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6
Chapter 5: Motor Carriers
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39 Verified Questions
39 Flashcards
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Sample Questions
Q1) Several significant issues currently face the motor carriers.Pick two,define and discuss.
Q2) Discuss the current method of funding for highways and include your opinion as the fairness as it relates to the trucking industry.
Q3) Which agency within the Department of Transportation governs specifications of trucks such as number of lights,tires and other operating parts?
A) Surface Transportation Board
B) National Highway Traffic Safety Board
C) Federal Highway Administration
D) Federal Motor Carrier Safety Administration
Q4) There are three types of terminals which are used by a trucking firm.Define and discuss each type and indicate if they are unique to any one type of trucking firm.
Q5) What of the following is not one of the current issues facing the trucking industry in the future?
A) Safety
B) Highway construction with its resultant delays
C) Technology
D) Financial Stability
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Chapter 6: Railroads
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50 Verified Questions
50 Flashcards
Source URL: https://quizplus.com/quiz/14017
Sample Questions
Q1) What are mergers called that eliminate duplicate rail lines?
Q2) Discuss the history and current situation of alcohol and drug abuse in the railroad industry.
Q3) What are the three major classifications of labor on railroads?
Q4) Who is the largest single customer of some rail roads?
A) FedEx
B) DHL
C) Walmart
D) UPS
Q5) What is one of the strengths of the railroad industry?
A) that it is not as affected by the weather as are other modes
B) that the railroads have large carrying capacity
C) that it can move products in both directions
D) that geographical barriers are not as formidable as they are for other modes
Q6) Railroad carloadings have declined since 1900.What is the primary reason for the decline?
A) competition by foreign transportation
B) fuel efficient smaller cars
C) reduction in line trackage
D) larger cars and increasing car productivity
Page 8
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Chapter 7: Airlines
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50 Verified Questions
50 Flashcards
Source URL: https://quizplus.com/quiz/14018
Sample Questions
Q1) Which cost element of the U.S.scheduled airlines accounts for the largest portion of operating costs?
A) flying operations
B) Maintenance
C) Administration
D) fuel
Q2) Define and discuss the length of haul and capacity of air carriers.How does this relate to intermodal competition?
Q3) What was the passenger fatality rate for autos versus airlines in 2012?
Q4) Distinguish between private air carriers and for-hire air carriers.
Q5) Which is the best reason for the increase in airline intramodal competition since deregulation in 1978?
A) substitution of smaller aircraft for larger aircraft
B) U.S. carriers forming alliances with foreign airlines such as United with Air Canada
C) increased use of discount fares in lieu of full fares
D) new air carriers entering given markets
Q6) What are the revenue classifications of the U.S.based for-hire air carriers?
Define,describe and discuss with examples.
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Chapter 8: Water Carriers and Pipelines
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/14019
Sample Questions
Q1) Which mode of transportation has costs that come closest to pipeline costs?
A) rail
B) motor
C) water
D) air
Q2) Discuss the cost structure of the water carrier mode and be sure to include fixed versus variable costs.
Q3) The pipeline mode of transportation has a small number of very large carriers.What are the reasons for this small number of carriers?
Q4) Describe the relative service advantages and disadvantages of pipeline transportation.
Q5) Why are water terminals provided by the public and operated by local government agencies?
Q6) Discuss and describe the competition as it relates to the water carriers.
Q7) Which is the first major classification of water carriers?
A) company-owned and exempt carriers
B) for hire and private carriers
C) exempt and private carriers
D) regulated and exempt carriers
To
Chapter 9: Transportation Risk Management
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35 Verified Questions
35 Flashcards
Source URL: https://quizplus.com/quiz/14020
Sample Questions
Q1) A deliberate product contamination risk is called?
A) Tampering
B) Climate control failure
C) Exposure to contaminants
D) Hedging
Q2) What is the purpose of transportation insurance.
Q3) Not putting all your "eggs in one basket" is what type of strategy?
A) Postponement
B) Buffering
C) Hedging
D) Transfer
Q4) Describe the four step risk management process.
Q5) Describe Customs-Trade Partnership Against Terrorism (C-TPAT).
Q6) What is the final step in risk management?
A) Reviewing and monitoring
B) Reduction
C) Identification
D) Analysis
Q7) Describe the six common risk categories related to freight transportation.
Q8) The objectives of the risk management process are:
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Chapter 10: Global Transportation Planning
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35 Verified Questions
35 Flashcards
Source URL: https://quizplus.com/quiz/14021
Sample Questions
Q1) What problem has led to carrier mergers,acquisitions,and operating consortia?
A) Product loss and damage
B) Industry overcapacity
C) Peak season congestion
D) Security requirements
Q2) Based on combined exports and imports,who is the U.S.'s largest trading partner?
A) Mexico
B) China
C) Japan
D) Canada
Q3) Which global transportation mode provides high capacity and low cost for intercontinental trade?
A) Air
B) Pipeline
C) Water
D) Truck
Q4) What options do exporters and importers have to manage risk?
Q5) Why is international cargo subject to a wide array of loss and damage risk?
Q6) What types of challenges must global transportation managers deal with?
Q7) Describe the importance of global route planning.
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Chapter 11: Global Transportation Execution
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35 Verified Questions
35 Flashcards
Source URL: https://quizplus.com/quiz/14022
Sample Questions
Q1) What are international air freight rates based upon?
Q2) What is an ultra-large containerships?
Q3) Define indirect service.
Q4) In terms of thousands of tons per year,what it the busiest seaport?
A) Long Beach
B) Singapore
C) Ningbo-Zhoushan
D) Rotterdam
Q5) Which of the following is not an ancillary service provider?
A) International Freight Forwarders
B) Non Vessel-Owning Common Carriers
C) Export packer
D) Ocean carrier
Q6) Discuss the major challenges of seaport operations in their quest to remain competitive.
Q7) Which of the following is not a packaging concern for shipping by ocean?
A) Moisture
B) Pilferage
C) Fire
D) Excess weight
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Chapter 12: Third Party Logistics
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35 Verified Questions
35 Flashcards
Source URL: https://quizplus.com/quiz/14023
Sample Questions
Q1) What group of 3PLs does not own equipment,they instead arrange transportation services?
A) Forwarder based
B) Financial based
C) Distribution based
D) Transportation based
Q2) According to the text book the definition of a 3PL is:
Q3) Please list and explain four of the ten intermediary and special services (as listed in the textbook)which are offered by 3PLs to their customers.
Q4) Outline the steps involved in establishing and sustaining a 3PL relationship.
Q5) According to the book,3PL spending is highest in:
A) North America
B) Europe
C) Asia-Pacific
D) Latin America
Q6) Explain the concept of partnership drivers and identify four partnership drivers.
Q7) Describe the categories of 3PL providers.
Q8) List five of the eight elements of a well structured 3PL operating model.
Q9) What is the primary role of an Air Freight Forwarder?
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Chapter 13: Private Transportation and Fleet Management
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35 Verified Questions
35 Flashcards
Source URL: https://quizplus.com/quiz/14024
Sample
Questions
Q1) What is unique about private air transportation compared to the other modes?.
Q2) When operating miles increase:
A) Fixed cost/mile and operating costs increase
B) Operating costs decrease and fixed cost/mile decrease
C) Operating costs decrease and fixed cost/mile increase
D) Operating cost increase and fixed cost/mile decrease
Q3) Which of the following is not a performance criterion for evaluating and controlling a private fleet?
A) miles operated (empty and full)
B) human resource hours
C) vehicle operating hours
D) total gallons of fuel used by entire fleet
Q4) For purposes of classification as a "large shipment",how many pounds should the shipment be?
A) <20,000 pounds
B) <80,000 pounds
C) <35,000 pounds
D) <45,000 pounds
Q5) Discuss the types costs incurred in operating private truck fleets versus using a for-hire carrier.
15
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Chapter 14: Issues and Challenges of Global Supply Chains
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35 Verified Questions
35 Flashcards
Source URL: https://quizplus.com/quiz/14015
Sample Questions
Q1) Describe the impact of congestion on the rail system.
Q2) How much is required by the Highway Trust Fund to maintain existing construction projects per year?
A) About $100 billion
B) About $50 billion
C) About $150 billion
D) About $25 billion
Q3) What causes profits to increase for rail carriers as fuel prices increased?
A) Use of bulk purchases
B) Reduction of container on flatcar
C) Reduction of trailer on flatcar
D) None of the above
Q4) What is meant by the term,carbon footprint?
A) Truck length
B) Fuel consumption
C) Number of accidents / year
D) CO2 emissions
Q5) Discuss issues with supply and demand of fuel.
Q6) Discuss the impact of fuel prices on rail carriers.
Q7) Discuss the impact of fuel prices on water carriers.
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