Railroads have the largest percentage of intercity freight ton-miles, but motor carriers have the largest revenue. How do you explain this relationship?
The five basic modes of transportation have been available for well over 50 years. Is this the way it will always be, or can you identify a sixth mode that may become economically feasible in the foreseeable future?
What in your opinion will be the major impact of the Walmart decision to purchase FOB from its suppliers? The current stated objective is to reduce transportation costs on freight inbound to Walmart’s distribution centers. How might the business relationship be impacted if at some future time Walmart decides to bypass its distribution centers and move merchandise direct from suppliers to its retail stores?
Supporters of LTL cube rates feel traditional pricing methods are overcomplicated and reduce transportation efficiency. As a newly minted logistics graduate, assume your employer asks for your evaluation of the traditional versus cubic-based LTL pricing. State your position as either a shipper or a carrier.
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Railroads have the largest percentage of intercity freight ton-miles, but motor carriers have the...
Discussion Questions: 1. What is the purpose of a distribution center? 2. Why does Cameron have eight warehouses? Why do you think Kelly believes six warehouses is better than eight? 3. What is the cost of holding inventory at Cameron? 4. Why should the decision to invest in inventory be different from investing in capital? 5. Do you think it is prudent to evaluate the future of the Atlanta warehouse independently from consideration of the other seven warehouses in the...
urgent really need answerrrr Q2 Tesco Founded in 1919 in London, Tesco plc is a British based international grocery and general merchandising retail chain. With revenues of £60 billion (2009), it is the largest British retailer by both global sales and domestic market share, with profits exceeding £3 billion. With almost 500,000 Employees (2009) and over 4000 stores Tesco is currently the third largest global retailer. Originally specializing in food and drink, it has diversified into areas such as clothing,...
Can Technology Save Sears? Sears, Roebuck used to be the largest retailer in the United States, with sales representing 1 to 2 percent of the U.S. gross national product for almost 40 years after World War II. Since then, Sears has steadily lost ground to discounters such as Walmart and Target and to competitively priced specialty retailers such as Home Depot and Lowe’s. Even the merger with Kmart in 2005 to create Sears Holding Company failed to stop the downward...
OPS Practice quiz 2. The benefits of risk pooling depend on the behavior of demand from one market relative to demand from another. True False 3. What is Supply Chain Management? A set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses and stores so that merchandize is produced, distributed at the right quantities, to the right locations and at the right time in order to minimize system wide costs while satisfying service level requirements. The management of the flow...
Please read case article, "Attention Kmart Shoppers? Into and out of Bankruptcy" and help me come up with a solution for the case as well as action steps to implement the solution! Thank you!! ATTENTION KMART SHOPPERS? Former Kmart CEO, Charles C. Conaway, failed in his 19-month effort to revive the iconic firm, resulting in the largest retailing bankruptcy filing in history on January 22, 2002 (Davies, et al., 2002). On March 11, 2002, bankrupt Kmart named James B. Adamson...
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...