Introduction to Principles & Practices of Transportation 1.1 Quiz

Longer distances allow the fixed expenses to be spread over more miles, resulting in lower overall per mile charge. Place Utility - Transportation physically moves products from where they are produced to where they are needed. The movement across space or distance adds ______ to products, and it is often referred to as a place utility. Place utility is created by having a product available at the place where it is needed. Transport provides the utility of place by taking the item from manufacturer to consumer. Time Utility - It determines how fast and how consistently a product moves from one point to another. It is also created by warehousing and storing products until they are needed. This is known as time-in-transit and consistency in service. If a product is not available at the exact time it is needed, there may be expensive risks, such as lost sales or customer dissatisfaction. FedEx and UPS have achieved success because they are able to provide consistent time-in-transit and increase time and place utility of their customer's product. 1.3 The relationship between transportation & other logistic & supply chain activities Roles of transportation in logistics Transport cost logistics Effects on logistics activities Service characteristics affecting customer service.

___ utility is created by having a product available at the place where it is needed.

Transport provides the utility of ___ by taking the item from manufacturer to consumer.

Time Utility determines how fast and how consistently a product moves from one point to another. It is also created by warehousing and storing products until they are needed. This is known as time-in-transit and consistency in ___ .

If a product is not available at the exact time it is needed, there may be expensive risks, such as lost sales or customer ___ .

FedEx and UPS have achieved success because they are able to provide consistent time-in-transit and increase time and place utility of their customer's ___ .

The movement across space or distance adds ___ to products, and it is often referred to as a place utility.

___ is known as time-in-transit and consistency in service.

Longer distances allow the fixed expenses to be spread over more miles, resulting in lower overall per mile charge. Place Utility - Transportation physically moves products from where they are produced to where they are needed. The movement across space or distance adds ___ to products, and it is often referred to as a place utility.

The relationship between transportation & other logistic & supply chain activities Roles of transportation in logistics Transport cost logistics Effects on logistics activities Service characteristics affecting customer ___ .