Scmn 3720 - Study guides, Class notes & Summaries

SCMN 3720 - Strickland Final (Ch.9, 11, 12, 13) Rated A+ Non-Asset Based 3PLs have greater control and less flexibility than Asset Based 3PLs. T/F False According to the textbook, 3PL spending is highest in North America vs. other global regions. T/F False, Asia Pacific Merge in transit is a type of service that involves local transportation of containerized cargo. T/F False An asset based 3PL has tangible equipment and facilities. T/F True According to the Penn State-Capge...

SCMN 3720 Test 2 Questions and Answers Already Passed What drives transportation pricing across the modes? service characteristics drive price (accessibility, speed, reliability, capability, and cost/lb) What service characteristic is the major driver of price across modes? speed What primarily drives transportation pricing within the mode? -Capacity (Supply) Number of Drivers, Tractors,Trailers/Containers, Cargo Ships, Cargo Aircraft -Shipping Volume (Demand) Driven by demand for co...

SCMN 3720 - Exam 3 Russell Questions and Answers Already Passed What development, in the mid-19th century, affected the use of water as the primary mode of bulk transportation movement in the United States and its cities? The first particle form of long distance freight and people transportation Which other transportation mode does water primarily compete with for the movement of dry bulk commodities? Railroads Which other mode does water primarily compete with for the movement of...

SCMN 3720 test 2 Strickland Questions and Answers Already Passed How many people are employed in the U.S. motor carrier industry in 2014? 7.3 million people 2) How many for hire interstate motor carriers were on file with the DOT in 2015? 586,014 True or false: less than truck load motor carriers do not need terminals. false: TL carriers may not need them, but LTL carriers must have them 4) What is the minimum capital needed to form a TL motor carrier? $5k - $10k True or fals...

SCMN 3720 Strickland Final Exam Questions and Answers Already Passed Which country is the largest trading partner of the US based on combined exports and imports? Canada -US trading partners: Exports -US trading partners: Imports -Canada, Mexica, China -China, Canada, Mexico What is the term for the manufacturing facility in Mexico where products can be assembled and returned to the US without duty being paid? Maquiladora Plant Transaction Channel: -Transfer of ownership Li...

SCMN 3720 Test 3-Strickland Latest Version Graded A+ 3PL 3rd party logistics. anything that you can outsource 5 Categories of 3PL's 1. Transportation Based 2. Distribution Based 3. Forwarder Based 4. Financial Based 5. Information Based Transportation Based business origin in freight movement -Move freight, manage transportation operations, operate fulfillment centers, develop logistics solutions Distribution Based Business origin in the public or contract warehousing -Foc...

SCMN 3720 Exam 2 – Russell Questions and Answers 100% Solved What % of the total freight tonnage does motor carrier industry represent? 70% What is the difference between for-hire and private carriers? For-hire provide services to the public and charge a fee Private provide a service to the industry or company that owns or leases the vehicles and don't charge a fee but do incur a cost What is the difference between common carriers and contract carriers? Common carriers are req...

SCMN 3720 Strickland Final Exam Questions and Answers Already Passed Which country is the largest trading partner of the US based on combined exports and imports? Canada -US trading partners: Exports -US trading partners: Imports -Canada, Mexica, China -China, Canada, Mexico What is the term for the manufacturing facility in Mexico where products can be assembled and returned to the US without duty being paid? Maquiladora Plant Transaction Channel: -Transfer of ownership Linked to resp...

Which country is the largest trading partner of the US based on combined exports and imports? : Canada -US trading partners: Exports -US trading partners: Imports : -Canada, Mexica, China -China, Canada, Mexico What is the term for the manufacturing facility in Mexico where products can be assembled and returned to the US without duty being paid? : Maquiladora Plant Transaction Channel: -Transfer of ownership 2 | P a g e : Linked to responsibility for managing goods in transit. R...