Attempt all the problems illustrated below:
problem 1: Different organizational functions have dissimilar interests and such create conflicting objectives and need for a logistics system. Elaborate on this statement and describe the various considerations pertaining to the logistics system.
a) What do you mean by the term Bill of lading? Describe its key features.
b) Describe in brief the constraints faced by Indian Shipping industry.
problem 3: prepare short notes on the given terms:
a) Mechanics of Registration.
b) The Tariff.
c) Maritime Fraud.
d) Basic features of Shipping Act.
problem 4: Differentiate between the given:
a) Ship Owner’s Lien and Maritime Lien.
b) Flat Rack Container and. Open Top Container.
c) Heavy Lift and Long Lift Surcharge.
d) Re-order Level (ROL) and Re-order Quantity (ROQ).
problem 5: In brief comment on the given statements:
a) Logistics variables and costs interact in a complex and indirect way.
b) Multi-Modal Transport is considered as an integral part of ‘Just-In-Time’ logistics Management
c) Traders of general merchandise need shipping services of more sophisticated nature.
d) The freight rate had no relationship with the route to be covered.