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.

problem 2:

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.