Logistics Systems: Transportation Cost Structure
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Questions and Answers

Which Incoterm requires the seller to ensure the export clearance and cover the costs of carriage to the agreed destination?

  • DAT
  • CPT (correct)
  • CIP
  • DAP
  • Which Incoterm requires the seller to deliver the goods at the place agreed with the buyer, covering all transportation, delivery, and unloading costs?

  • DAT
  • DAP (correct)
  • CIP
  • CPT
  • Which Incoterm requires the seller to cover the goods for loss or damage during transport?

  • CPT
  • DAP
  • DAT
  • CIP (correct)
  • Under which Incoterm is the delivery considered done when the goods are shipped at the buyer's agreed destination place?

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

    Which Incoterm requires the seller to assure the delivery and unloading of the goods in the destination terminal agreed with the buyer?

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

    Which Incoterm does not require the seller to cover the export clearance?

    <p>None of the above</p> Signup and view all the answers

    What is the main characteristic of fixed-cost components in transportation costs?

    <p>They remain the same regardless of volume variation</p> Signup and view all the answers

    Which of the following is an example of a variable cost in transportation?

    <p>Fuel costs</p> Signup and view all the answers

    What is the primary function of terminals in transportation?

    <p>To sort, load, and unload goods</p> Signup and view all the answers

    Which mode of transportation is typically used to transport bulky commodities over long distances?

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

    What is the main advantage of rail transportation?

    <p>It is the lowest-cost mode of transportation</p> Signup and view all the answers

    What is the primary mode of transportation used in the domestic supply chain?

    <p>Motor Carriers</p> Signup and view all the answers

    What is the responsibility of the seller under the FAS clause?

    <p>To clear export customs and deliver the goods at the port of loading</p> Signup and view all the answers

    Which of the following is NOT a primary factor influencing transportation costs?

    <p>Weight of the goods</p> Signup and view all the answers

    What does the CFR clause imply?

    <p>The seller is responsible for paying the costs necessary to bring the goods to the agreed port of destination</p> Signup and view all the answers

    What is the main difference between the CFR and CIF clauses?

    <p>The seller's obligation to cover insurance of goods during transport</p> Signup and view all the answers

    Under which clause is the seller responsible for delivery of goods at the port of destination?

    <p>None of the above</p> Signup and view all the answers

    What is the common obligation of the seller under all the clauses mentioned?

    <p>To clear export customs</p> Signup and view all the answers

    What is the primary purpose of interconnecting with other carriers of the same or different modes?

    <p>To enable through rates for shippers</p> Signup and view all the answers

    Who is responsible for providing the weight of a shipment?

    <p>Carriers or shippers</p> Signup and view all the answers

    What is the term used to describe the ability of carriers to communicate shipment tracking information to shippers?

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

    What is the purpose of expediting a shipment?

    <p>To move a shipment faster than normal</p> Signup and view all the answers

    What is the term used to describe the costs of paperwork and invoicing the shipper?

    <p>Billing and collecting</p> Signup and view all the answers

    What is the term used to describe the fourth industrial revolution?

    <p>Industry 4.0</p> Signup and view all the answers

    What is a primary factor that contributed to reduced manufacturing costs during the second industrial revolution?

    <p>Electric power</p> Signup and view all the answers

    What is the primary focus of the fourth industrial revolution?

    <p>Emerging technologies such as blockchain and IoT</p> Signup and view all the answers

    What role does logistics play in the Industry 4.0 era?

    <p>A competitive lever, a social value creator, and a sustainability enabler</p> Signup and view all the answers

    How can blockchain be used to improve food safety?

    <p>By providing an efficient response to food recalls</p> Signup and view all the answers

    What is a challenge faced by logistics in tracking and monitoring product recalls?

    <p>It is costly and time-consuming</p> Signup and view all the answers

    What is a potential benefit of using blockchain in container shipping?

    <p>It improves the efficiency of container shipping</p> Signup and view all the answers

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