Question

What two parameters are involved in risk assessment?​

Group of answer choices:   

a. Cost and impact

b. Probability and impact

c. Frequency and probability

d. Duration and probability

_______________________________________

What type of 3PL originated from the public or contract warehousing business?

Group of answer choices:   

a. Forwarder based

b. Financial based

c. Distribution based

d. Transportation based

____________________________

What type of 3PL traces their origin to freight movement via truck, rail, or other?​

Group of answer choices

a. Forwarder based

b. Financial based

c. Distribution based

d. Transportation based

______________________________

Water transportation is attractive to shippers for the movement of which commodities?​

Group of answer choices

a. automobiles and construction machinery

b. large, bulky and oversized shipments

c. basic raw materials

d. inventory items

___________________________________

What do the majority of rail movements involve?​

Group of answer choices

a. manufactured goods

b. bulk liquids and coal

c. low value, heavy commodities

d. consumer goods

COURSE: PURCHASING   

Answer 1

1. B. Two risks are involved in estimating is probability and impact. Because risk parameters are used to provide general and consistent criteria for comparing the risks to be managed. Projects must document the parameters used to analyze and categorize the risks so that they are available throughout the life of the project project as circumstances change over time. Using these parameters, the risks can be easily reclassified and analyzed when changes occur.

2. C. 3PL based on distribution comes from the business of public warehouses or contractors. This is especially useful if a company's warehouse has major changes in capacity utilization, which leads to over-purchasing of warehouse capacity and reduced profitability. The logistics subcommittee enables companies with limited logistics expertise to focus on their core business.

3. D. Transport based on 3 PL tracks their origin in free movement through trucks, railways or others. 3PL providers are constantly updated and updated to meet the requirements of their customers and clients. Business manufacturing or selling often do not have the time, resources or expertise to customize their equipment and systems so quickly.

4. B. Water transport is attractive to the carrier for the movement of large, bulky and oversized goods. This includes the fact that this vehicle has the ability to carry heavy and heavy loads, has low management costs which are the cheapest means of transport over long distances, as well as large ships that save a lot of fuel from long distances. excess. Water transport is known to be much slower than road transport, as well as aircraft, which means it is not suitable for transporting perishable goods.

5. C. Rail traffic includes low value and heavy commodities goods. Because the rail transport service allows agencies involved in rail freight transportation to generate and manage transportation orders, approval orders and shipping orders for the transport of these goods within port facilities are generated. Railways can transport a greater number of goods and passengers over long distances at an economic cost.