Global Supply Chain Strategy
Chapter Exam Questions
Course Introduction
Global Supply Chain Strategy explores the design, management, and optimization of supply chains that operate across international boundaries. The course examines how global supply chains create value and competitive advantage by aligning sourcing, production, and distribution strategies with a companys overall business objectives. Topics include risk management, supplier relationships, global logistics, inventory control, sustainability, and the impact of geopolitical and economic factors. Through case studies and real-world examples, students will learn to evaluate and craft effective strategies that address the complexities of globalization, regulatory environments, and the integration of advanced technologies in supply chain operations.
Recommended Textbook
Transportation A Supply Chain Perspective 7th Edition by John J. Coyle
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Chapter 1: Transportation: Critical Link in the Supply Chain
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Sample Questions
Q1) What invention has led to the growth of suburban areas?
Answer: The automobile and roadway infrastructure.
Q2) Please explain derived demand.
Answer: Derived demand is demand of one product that is based upon the demand for another product. For instance transportation is typically is typically based on demand for some product that is produce in area A but demanded in area B. The volume of transportation demand is "derived" from the volume of demand for the particular product in the particular location.
Q3) Which of the following is not one of the listed supply chain flows?
A) information
B) reverse logistics
C) financial
D) waste
Answer: D
Q4) Who has the power in the supply chain?
Answer: The retail giants such as Walmart and Target.
Q5) According to the book,what can be argued as the glue that holds the supply chain together?
Answer: Transportation is considered the glue that hold the economy and the supply chain together.
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Chapter 2: Transportation: The Critical Link in the Economy
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Q1) Which of the following is considered a transportation supply trend?
A) higher fuel charges
B) increased use of third party services
C) more international transportation
D) leasing of containers
Answer: B
Q2) Explain modalsplit.
Answer: Modalsplit is an analytical tool used to study transportation by dividing the total transportation market for passenger and freight transport according to volume and mode. For passenger transportation more than 77 percent of the passenger mile traffic is highway traffic. Although since 1970 air travel has decreased in relative cost,as such air traffic passenger miles has increased.
Looking at freight,intercity modal split is dominated by rail. Since 1990 rail share has increased in ton miles due to the rising cost of fuel.
Q3) Why is transportation considered a cost center in the firm?
Answer: Changes in price of transportation will impact the price of products without impacting its form.
Q4) Transportation provides what critical link in the economy?
Answer: Transportation provides for the link between producers and consumers.
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Chapter 3: Transportation Regulation and Public Policy
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Sample Questions
Q1) What is the formal method used by Congress to influence national transportation?
A) congressional committees
B) appointment of the heads of the STB and FMC
C) formulating laws
D) standing committees
Answer: C
Q2) Which legal system is based upon the Roman legal system?
A) statutory
B) judicial memory
C) common law
D) common market
Answer: A
Q3) The establishment of transportation policy and the development of transportation is complicated by the number of groups that are involved.Which groups are involved?
Answer: In addition to the Congress and the President,more than 60 federal agencies and 30 congressional committees set transportation policy.Two independent regulatory agencies interpret transport law,establish operating rules,and set policy.The Justice Department interprets laws involving transportation and settles differences between the carriers and the public.
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Page 5
Chapter 4: Costing and Pricing in Transportation
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Q1) Define third degree price discrimination and explain the two necessary conditions before it can be practiced? Does this practice fit any one mode more than any other?
Q2) Define and discuss Cost of Service Pricing.
Q3) Price is a concept relating to how post-deregulation transportation firm,determine and impose charges for their services.Which is a distinguishing feature of this concept of price?
A) the amount found in a Tariff Book as payment to a carrier for performing a transport service
B) a lawful charge imposed by a carrier on a commodity movement
C) a value or level that is determined based on prevailing market forces
D) a charge determined primarily by considering a carrier's costs only
Q4) What is the difference between pure competition and monopolistic competition?
A) slight as the conditions for each are quite similar.
B) under pure competition there are many sellers and the product is homogeneous
C) while there many sellers, there is some differentiation in the product
D) not as great as there are with an oligopoly
Q5) There are several types of special rates and special rates.Pick five,define and discuss.
Q6) Distinguish between the terms "rates" and "price" as relates to transportation?
Page 6
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Chapter 5: Motor Carriers
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Q1) Discuss the current method of funding for highways and include your opinion as the fairness as it relates to the trucking industry.
Q2) What is the status of competition within the motor carrier industry?
A) Only carriers of the same type compete against each other such LTL versus LTL or TL versus TL carriers.
B) For hire carriers only compete against private carriers
C) The industry is highly competitive with competition between all carriers as well as with firms such as United Parcel Service and FedEx
D) Truckload carriers only compete with contract carriers
Q3) The requirements for a truck driver's license are defined by:
A) Federal Motor Carrier Safety Administration
B) National Highway Traffic Safety Board
C) Federal Highway Administration
D) The driver's home state
Q4) Several significant issues currently face the motor carriers.Pick two,define and discuss.
Q5) In 2006 how much was spend in the United States on highway transportation?
Q6) Do motor carriers experience economies of scale?
Q7) Explain the difference between for- hire and a private carriers.
Page 7
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Chapter 6: Railroads
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Q1) Railroads are:
A) more energy efficient than most other modes
B) more likely to haul energy producing materials than other modes
C) not as energy efficient as most other modes
D) buying more energy efficient locomotives
Q2) What led to the erosion of rail dominance in U.S.transportation?
A) Passenger air service in the 1920s
B) Government funded construction of roads
C) Steel price increase
D) Coal price increase
Q3) How many Class 1 rail companies are there?
A) 5
B) 7
C) 66
D) 18
Q4) Which is a major reason for the decline in the number of rail companies?
A) mergers and unification occurring in the railroad industry
B) government restrictions on rail ownership
C) loss of business to other modes
D) desire of management to invest in other areas of business
Page 8
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Chapter 7: Airlines
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Q1) What is airline pricing characterized by?
Q2) What is the situation as it relates to financing and operation of air terminals or airports? How does this relate to other carriers?
Q3) How much did the U.S.airlines spend on fuel in 2007?
A) $60B
B) $42B
C) $50M
D) $60M
Q4) Why do business people pay more for airline travel?
A) The expense of the travel is paid for by their company and the business traveler demands more services than the leisure traveler.
B) They usually arrive and depart during low-demand periods.
C) They have to keep more rigid schedules.
D) Their travel expense is tax deductible and they can afford higher fares to offset the lower fares charges to leisure travelers.
Q5) Describe the nature of service competition in the airlines.
Q6) Distinguish between private air carriers and for-hire air carriers.
Q7) Describe the factors that effect price in the airline industry.
Q8) Discuss the current issues facing the airline industry.
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Chapter 8: Water Carriers and Pipelines
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Q1) Since pipelines transport liquids,how do they keep the various liquids from mixing together?
What happens in they do mix?
Q2) What Supreme Court Judgement resulted in the requirement for pipeline owners to act as common carriers if there was service demand?
Q3) Water carrier's intramodal competition is characterized by:
A) fierce and intense and ongoing efforts
B) very much a Lazes Faire or live and let live approach
C) very limited due the nature of industry
D) mandated by the ICC termination Act of 1995
Q4) The pipelines provide their own rights of way,construct the pipelines and pumping stations,pay property taxes,and provide for the preventative maintenance of their transportation networks.This contributes to the high proportion of which of the following in the pipeline's cost structure?
A) variable costs
B) fixed costs
C) variable costs.
D) revenue costs
Q5) Discuss water transportation labor.
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Chapter 9: Transportation Risk Management
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Sample Questions
Q1) The submission of advanced electronic data on all shipments is a requirement of?
A) Container Security Initiative
B) Trade Act of 2002
C) Maritime Transportation Security Act of 2002
D) Customs-Trade Partnership Act
Q2) Supply chain disruption can result in:
A) Stock price increase
B) Lower operating performance
C) Inventory decrease
D) Higher return on assets
Q3) Describe the six common risk categories related to freight transportation.
Q4) The Free and Secure Trade (FAST)Program is between the U.S.and:
A) Mexico
B) Cuba
C) Germany
D) England
Q5) What is the objective of risk assessment?
Q6) What are the categories of supply chain risk and how should the organization deal with each?
Q7) Define disruption and risk in general terms and in terms of transportation
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Chapter 10: Global Transportation Planning
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Sample Questions
Q1) What options do exporters and importers have to manage risk?
Q2) Which is the international organization that has begun the e-freight initiative aimed at replacing paper documents?
A) IATA
B) FMC
C) DOT
D) ICAO
Q3) Why is cargo insurance is a challenge?
Q4) Which of the following is not classified as a Logistics Channel Activity?
A) Risk-Reward Channel
B) Transaction Channel
C) Communication Channel
D) Distribution Channel
Q5) Which of the follow is something INCOTERMs will not do:
A) Define relationship regarding mode of delivery
B) Define passage of title
C) Define contractual rights
D) Define when a delivery is completed
Q6) What is a Maquiladora plant? What is its primary purpose?
Q7) Describe the some of the key global transportation challenges.
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Chapter 11: Global Transportation Execution
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Q1) What have been the changes under the Ocean Shipping Reform Act of 1999?
Q2) What are ocean shipping rates based upon?
Q3) Liner services were impacted by deregulation with the passage of which Act?
A) the Ocean Shipping Reform Act of 1998
B) the International Shipping Deregulation Act of 1980
C) the Shipping Act of 1984
D) the Federal Maritime Commission Act of 1986
Q4) What is a liner ship?
A) an ocean going ship that travels a fixed route on a published schedule
B) a ship that travels inland waterways on a demand schedule
C) an ocean going cruise ship that handles passengers on specific routes
D) a ship owned or leased on a long-term, basis by the company moving the goods
Q5) What is the purpose of "Shipping Conference"?
A) It allows ship owners to meet and discuss problems and lobby government.
B) The Conferences sets rates for the member carriers
C) It sets sailing schedules and assigns port berths
D) The Conference does none of the above.
Q6) How are port authorities organized? What is the function of port authorities?
Q7) Describe the primary benefits to intermodalism.
Q8) Define indirect service.
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Chapter 12: Third Party Logistics
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Sample Questions
Q1) Describe the potential strategic issues that may arise when dealing with a 3PL.
Q2) This step in establishing and sustaining a 3PL relationship involves determining your area of core competency and how a 3PL may form a strategic fit with you.
A) Strategic assessment
B) Decision to form relationship
C) Evaluation of alternatives
D) Structuring of an operating model
Q3) What type of 3PL originated from the public or contract warehousing business?
A) Forwarder based
B) Financial based
C) Transportation based
D) Distribution based
Q4) According to the book,3PL spending is highest in:
A) North America
B) Europe
C) Asia-Pacific
D) Latin America
Q5) Please list and explain four of the ten intermediary and special services (as listed in the textbook)which are offered by 3PLs to their customers.
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Chapter 13: Private Transportation and Fleet Management
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Q1) Finance lease only includes:
A) capital costs and license and registration
B) capital cost and heavy maintenance
C) capital costs alone
D) capital cost and normal preventative maintenance
Q2) Why do firms engage in private water fleets? What is the advantage and what types of firms are likely to have their own fleets?
Q3) Describe what is meant by private air transportation.
Q4) Management and overhead accounts for what proportion of the fixed cost of trucking?
A) 75%
B) 25%
C) 50%
D) 60%
Q5) Shipments greater than how many thousand pounds require a five-axle trailer?
A) 45,000
B) 35,000
C) 55,000
D) 25,000
Q6) What are the costs involved in private fleets cost analysis?
Page 15
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Chapter 14: Issues and Challenges of Global Supply Chains
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Q1) Which mode is the most intensive user of fuel?
A) Truck
B) Air
C) Rail
D) Water
Q2) What is the median on-time delivery percentage of a best-in-class firm?
A) 92%
B) 94%
C) 95%
D) 98%
Q3) Discuss the impact of fuel prices on water carriers.
Q4) What is meant by green supply chain?
Q5) What is the program called that has increased the efficiency and effectiveness of inventory management through collaboration?
Q6) How much did total U.S.transportation freight volume increase between 2002 and 2006?
A) 5%
B) 35%
C) 13%
D) 8%
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