Ask Microeconomics Expert

Question 1
The document that lists and details the contents and conditions of a shipment is called:
A. The Tariff
B. Proof of Delivery
C. The Invoice
D. The Bill of Lading

Question 2
Declining transport rates as the quantity shipped increases represents:
A. The Tapering Principle
B. Economy of Distance (Tonne Miles)
C. Economy of Energy (Fuel Cost/Tonne Mile)
D. Economy of Scale

Question 3
To facilitate classification of a large variety of different items being shipped on a single invoice a Traffic Manager may want to consider:
A. Commodity Rates
B. Class Rates
C. Time Volume Rates
D. FAK Rates

Question 4
If your company does not want responsibility for freight damage they should negotiate FOB Destination rates
A. True
B. False

Question 5
As a general rule the greater the density the lower the freight rate.
A. True
B. False

Question 6
The four economic benefits of warehousing are:
A. Receiving, shipping, handling, and storage
B. Shipping, receiving, assortment, and value added
C. Consolidation, sorting, seasonal storage, and reverse logistics
D. None of the above.

Question 7
10-6 A firm decides to assemble specific products in their distribution warehouse to meet customer requests. They are:
A. Performing custom distribution
B. Performing selective marketing
C. Performing value added services
D. All of the above.

Question 8
10-12 A disadvantage of RFID tags versus UPC codes is that ____ is more expensive RFID tags
RFID

Question 9
10-11 When a company cross-docks products, the products are generally in storage for several days.
A. True
B. False

Question 10
10-18 Value Added Services (VAS) are seldom performed by Integrated Service Providers (ISP)
A. True
B. False

Question 11
Which of the following is a prime determinant of master carton size?
A. Retail sale presentation
B. Economies of scale in handling
C. Large enough for appealing consumer graphic design
D. All of the above are prime determinants of master carton size

Question 12
Which of the following is not true about rigid containers?
A. Improve overall material movement efficiency
B. Provide greater protection from environmental elements
C. Reduce in pilferage
D. All of the above are true

Question 13
In which type of handling system is labor cost generally the highest percentage?
A. Mechanized
B. Semi-automated
C. Automated
D. Information-directed

Question 14
Semiautomated material handling systems generally have a higher labor cost percentage than mechanized systems.
A. True
B. False

Question 15
AS/RS systems attempt to provide maximum storage density per square foot of floor space in a warehouse.
A. True
B. False

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92080568
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Microeconomics

Question show the market for cigarettes in equilibrium

Question: Show the market for cigarettes in equilibrium, assuming that there are no laws banning smoking in public. Label the equilibrium private market price and quantity as Pm and Qm. Add whatever is needed to the mode ...

Question recycling is a relatively inexpensive solution to

Question: Recycling is a relatively inexpensive solution to much of the environmental contamination from plastics, glass, and other waste materials. Is it a sound policy to make it mandatory for everybody to recycle? The ...

Question consider two ways of protecting elephants from

Question: Consider two ways of protecting elephants from poachers in African countries. In one approach, the government sets up enormous national parks that have sufficient habitat for elephants to thrive and forbids all ...

Question suppose you want to put a dollar value on the

Question: Suppose you want to put a dollar value on the external costs of carbon emissions from a power plant. What information or data would you obtain to measure the external [not social] cost? The response must be typ ...

Question in the tradeoff between economic output and

Question: In the tradeoff between economic output and environmental protection, what do the combinations on the protection possibility curve represent? The response must be typed, single spaced, must be in times new roma ...

Question consider the case of global environmental problems

Question: Consider the case of global environmental problems that spill across international borders as a prisoner's dilemma of the sort studied in Monopolistic Competition and Oligopoly. Say that there are two countries ...

Question consider two approaches to reducing emissions of

Question: Consider two approaches to reducing emissions of CO2 into the environment from manufacturing industries in the United States. In the first approach, the U.S. government makes it a policy to use only predetermin ...

Question the state of colorado requires oil and gas

Question: The state of Colorado requires oil and gas companies who use fracking techniques to return the land to its original condition after the oil and gas extractions. Table 12.9 shows the total cost and total benefit ...

Question suppose a city releases 16 million gallons of raw

Question: Suppose a city releases 16 million gallons of raw sewage into a nearby lake. Table shows the total costs of cleaning up the sewage to different levels, together with the total benefits of doing so. (Benefits in ...

Question four firms called elm maple oak and cherry produce

Question: Four firms called Elm, Maple, Oak, and Cherry, produce wooden chairs. However, they also produce a great deal of garbage (a mixture of glue, varnish, sandpaper, and wood scraps). The first row of Table 12.6 sho ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As