Question 1

The Mississippi River is regarded as an important avenue for commerce in the U.S. because:

Accepted Answer

A)  It is a major transportation artery 
B)  Its color is muddy 
C)  The river is small 
D)  The river floods often 
A)  It is a major transportation artery 
B)  Its color is muddy 
C)  The river is small 
D)  The river floods often

Question 2

What was the primary reason for the creation of the U.S. interstate roadway system?

Accepted Answer

A)  commerce 
B)  defense 
C)  create depression era jobs 
D)  promote manufacturing 
A)  commerce 
B)  defense 
C)  create depression era jobs 
D)  promote manufacturing

Question 3

Why was the construction of the Erie Canal so important in 1825?

Accepted Answer

The Erie Canal provided access from New

Question 4

Based upon Lardner's Law, if transportation costs decreased by 2500, how much does the relevant market area increase?

Accepted Answer

A)  200% 
B)  50% 
C)  400% 
D)  600% 
A)  200% 
B)  50% 
C)  400% 
D)  600%

Question 5

In addition to its economic role, what other roles are associated with transportation:

Accepted Answer

Political and milita

Question 6

Which of the following is considered a transportation service characteristic?

Accepted Answer

A)  Capability 
B)  Transit time 
C)  Reliability 
D)  All of these are correct are service characteristics 
A)  Capability 
B)  Transit time 
C)  Reliability 
D)  All of these are correct are service characteristics

Question 7

The demand for transportation is considered a:

Accepted Answer

A)  Derived demand 
B)  Independent demand 
C)  Primary demand 
D)  Substitute demand 
A)  Derived demand 
B)  Independent demand 
C)  Primary demand 
D)  Substitute demand

Question 8

Explain the role and importance of the Mississippi River System.

Accepted Answer

The Mississippi River System is a very i

Question 9

In terms of average house hold expenses, transportation is:

Accepted Answer

A)  First 
B)  Second 
C)  Third 
D)  Last 
A)  First 
B)  Second 
C)  Third 
D)  Last

Question 10

Transportation provides what critical link in the global economy?

Accepted Answer

Transportation provi

Question 11

The transit time would impact which of the following cost?

Accepted Answer

A)  Inventory cost 
B)  Marketing cost 
C)  Production cost 
D)  Insurance cost 
A)  Inventory cost 
B)  Marketing cost 
C)  Production cost 
D)  Insurance cost

Question 12

A useful analytical tool for the study of transportation is:

Accepted Answer

A)  Passenger-miles 
B)  Deregulation 
C)  Cass Freight index 
D)  Modal split 
A)  Passenger-miles 
B)  Deregulation 
C)  Cass Freight index 
D)  Modal split

Question 13

Explain the economic importance of transportation in a global economy.

Accepted Answer

Transportation is considered the life su

Question 14

Aggregate transportation expenditures are about what percentage of GDP in the U.S.?

Accepted Answer

A)  1% 
B)  10% 
C)  15% 
D)  20% 
A)  1% 
B)  10% 
C)  15% 
D)  20%

Question 15

Explain place utility.

Accepted Answer

Place utility refers to the value of an

Question 16

The investment by government in transportation infrastructure is frequently referred for as:

Accepted Answer

The answer of The investment by government in transportation infrastructure...

Question 17

Transportation systems are critical to industrialized societies because?

Accepted Answer

A)  They allow employees to work longer hours 
B)  They allow producers to expand their market areas 
C)  They provide access to recreation areas 
D)  None of these are correct 
A)  They allow employees to work longer hours 
B)  They allow producers to expand their market areas 
C)  They provide access to recreation areas 
D)  None of these are correct

Question 18

What percentage of ton mile traffic in the U.S. is carried by air?

Accepted Answer

A)  4% 
B)  10% 
C)  15% 
D)  None of these are correct 
A)  4% 
B)  10% 
C)  15% 
D)  None of these are correct

Question 19

Which mode of transportation is most important in terms of freight ton-miles?

Accepted Answer

A)  Air Carriers 
B)  Rail Carriers 
C)  Motor Carriers 
D)  Pipelines 
A)  Air Carriers 
B)  Rail Carriers 
C)  Motor Carriers 
D)  Pipelines

Question 20

Which of the following is considered a non-economic transportation regulation area?

Accepted Answer

A)  Safety 
B)  Security 
C)  Environment 
D)  All of these are correct 
A)  Safety 
B)  Security 
C)  Environment 
D)  All of these are correct

The Mississippi River is regarded as an important avenue for commerce in the U.S. because:

What was the primary reason for the creation of the U.S. interstate roadway system?

Why was the construction of the Erie Canal so important in 1825?

Based upon Lardner's Law, if transportation costs decreased by 2500, how much does the relevant market area increase?

In addition to its economic role, what other roles are associated with transportation:

Which of the following is considered a transportation service characteristic?

The demand for transportation is considered a:

Explain the role and importance of the Mississippi River System.

In terms of average house hold expenses, transportation is:

Transportation provides what critical link in the global economy?

The transit time would impact which of the following cost?

A useful analytical tool for the study of transportation is:

Explain the economic importance of transportation in a global economy.

Aggregate transportation expenditures are about what percentage of GDP in the U.S.?

Explain place utility.

The investment by government in transportation infrastructure is frequently referred for as:

Transportation systems are critical to industrialized societies because?

What percentage of ton mile traffic in the U.S. is carried by air?

Which mode of transportation is most important in terms of freight ton-miles?

Which of the following is considered a non-economic transportation regulation area?

Global Supply Chains the Role and Importance of Transportation

Transportation Technology and Systems

Costing and Pricing for Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Third Party Logistics

Transportation Risk Management

Global Transportation Management

Governmental Roles in Transportation

Issues and Challenges for Global Supply Chains

Filters

Exam 2: Transportation and the Economy

The Mississippi River is regarded as an important avenue for commerce in the U.S. because:

What was the primary reason for the creation of the U.S. interstate roadway system?

Why was the construction of the Erie Canal so important in 1825?

Based upon Lardner's Law, if transportation costs decreased by 2500, how much does the relevant market area increase?

In addition to its economic role, what other roles are associated with transportation:

Which of the following is considered a transportation service characteristic?

The demand for transportation is considered a:

Explain the role and importance of the Mississippi River System.

In terms of average house hold expenses, transportation is:

Transportation provides what critical link in the global economy?

The transit time would impact which of the following cost?

A useful analytical tool for the study of transportation is:

Explain the economic importance of transportation in a global economy.

Aggregate transportation expenditures are about what percentage of GDP in the U.S.?

Explain place utility.

The investment by government in transportation infrastructure is frequently referred for as:

Transportation systems are critical to industrialized societies because?

What percentage of ton mile traffic in the U.S. is carried by air?

Which mode of transportation is most important in terms of freight ton-miles?

Which of the following is considered a non-economic transportation regulation area?

Global Supply Chains the Role and Importance of Transportation

Transportation Technology and Systems

Costing and Pricing for Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Third Party Logistics

Transportation Risk Management

Global Transportation Management

Governmental Roles in Transportation

Issues and Challenges for Global Supply Chains

Filters