Introduction to Principles & Practices of Transportation 1.1 Quiz
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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.

value

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

Place

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

place

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 ___ .

<p>service</p> Signup and view all the answers

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

<p>dissatisfaction</p> Signup and view all the answers

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 ___ .

<p>product</p> Signup and view all the answers

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

<p>value</p> Signup and view all the answers

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

<p>This</p> Signup and view all the answers

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.

<p>value</p> Signup and view all the answers

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 ___ .

<p>service</p> Signup and view all the answers

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