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- Multiple choice questions1.1 Transport is viewed as a derived demand. Derived demand in this context means:a) A policy to limit congestion in city centresb) An individual's ability and willingness to buy transport servicesc) A nation's ability and willingness to provide an adequate transport infrastructured) The demand for transport services is determined by the demand to transport goodsand passengers from one place to another1.2 Holding everything else constant, an improvement in technology affecting the manufactureof a particular good will . . . . a) Shift the supply curve to the left.b) Shift the supply curve to the rightc) Shift both the demand curve and the supply curve to the right.d) Shift both the demand curve and the supply curve to the left.1.3 If the demand for Product A does not change as the price of Product B increases thena) The two goods are unrelated.b) The two goods are substitutes.c) The two goods are complements.d) The consumers of Product B have enjoyed an increase…What is the initial total cost of the given transportation model if an Intuitive Approach method is applied? DESTINATION SOURCE DEMAND O 3050 O 3140 O 3045 O 3040 X Y N 4 P 75 8 12 S 11 Q 80 5 8 11 R 120 7 10 10 S 50 11 13 14 SUPPLY 100 125 100 3251. Read each of the following statements and determine which method of transportation is the best option. Provide a reason for your choice. Oil shipping from an oil field in Oklahoma to a refinery in Houston, Texas. a. b. Corn transported from a farm to a local grain elevator. C. Farm equipment manufactured in Canada transported to a warehouse in Wisconsin. d. Cut flowers sent from Hawaii to California.
- 3. Figure 1 Daily Subway and Bus Use in Five Major Cities 0.75 0.5 0.25 Subway OBus London Tokyo Singapore Hong Kong Figure 2 Subway vs. Bus Ridership, New York City OBus Subway 1970 1980 1990 2000 2010 Information in figure I suggests that public transportation users in London Information in Figure I supports the author's point that buses are growing in popularity as a means of urban transport by indicating that A) take subways and buses at similar rates. B) are unusually reliant on buses. C) take at least one subway trip daily. D) take subways at about the same rate as people A) many people around the world take at least one bus trip every day. B) bus ridership surpasses subway ridership in some major cities. C) people in Tokyo make far more trips by bus daily than they do trips by subway. D) the number of bus trips taken by people in major cities has substantially increased. in New York. 2 Which of the following statements about bus use in New York City is best supported by…Q2. Pharmaceutical company producing asingle product sold it through five agencies situated in different cities. All of sudden there rouse a demand for the product in another five cities that didn't agency of the company. The company is now facing the problem of deciding on how to assign the existing agencies in order to dispatch the product to needy cities in such a waythat the travelling distance is minimized. The distance between the surplus and deficit cities in kilometer is given the following table. Surplus city Deficit cities Deficit cites A1 160 130 115 190 200 B1 135 120 130 160 175 C1 140 110 125 170 185 D1 50 50 80 80 110 E1 55 35 80 80 105 Determine the optimum assignment schedule.7. Novelis at Oswego NY supplies rolled aluminum sheets to Ford Motor's Kansas City plant to make F150 truck. The transportation manager of Novelis needs to choose from rail, waterway, and truck. The following information are gathered to make the transportation mode decision: Transportation Mode Transit Time, Days Rate $/cwt Shipment Size, cwt Rail 15 $2.50 12,000 Waterway 20 $0.80 200,000 4 $12.50 4,000 Truck The annual transportation volume is 2.5 million cwt. The value of aluminum is $500 per cwt. Inventory carrying cost for both companies is 20% per year. Please calculate the total logistics costs (transportation, inventory at Novelis, inventory at Ford, inventory in transit), and decide which transportation mode should be selected. (20 points)
- 1. How has covid night impact air transportation in facilitate the growth and development of international tourism. 2.The earnings of the organization can be considerably impacted by buyers and supply chain management. Anorganization may spend up to 50% of its sales revenue on the acquisition of goods and services, including rawmaterials. You are employed as a purchasing director at Food Lovers (Fresh fruit and vegetables supermarket - chain stores). Please answer the below based on the above statement. Question: Transportation helps people in those various locations to trade and conduct business with one another by moving people and things to different neighborhoods, cities, states, and countries. Examine any (5) factors that Food Lovers (Fresh fruit and vegetables supermarket - chain stores) should consider when selecting mode of shipment, carrier and routing. Use relevant examples to support your answer.1. Central Construction Company moves materials between three plants and three projects. Project A requires 72 truckloads each week, project B requires 102, and project C requires 41. Plant W can supply 56 loads, plant X can supply 82, and plant Y can supply 77. Using the cost information given in the following table, compute the optimum transportation cost using the stepping stone method. COST INFORMATION From To Project A To Project B To Project C Plant w P 4.00 8.00 8.00 Plant X 16.00 24.00 16.00 Plant Y 8.00 16.00 24.00
- c) Give a brief explanation on each type of problem variation in transportation and how to solve it.2. Metropolitan Manila has four incinerator sites for processing solid waste. There are five garbage collection areas within the metropolis. The city wants to determine the least-cost method of disposing of its trash. Each incinerator is characterized by an operating cost for processing each ton of waste and also a cost for transporting each ton of waste is summarized in the table below: Collection Incinerator Site Area 1 2 3 4 50 120 110 60 B 100 55 90 70 60 40 80 65 90 75 85 110 80 100 95 65 Incinerator sites 1 and 2 have a weekly capacity of 6,000 tons each, site 3 has a capacity of 8,000 tons and site 4 has a capacity of 10,000 tons. There are 4,000 tons of waste generated at area A, 8,000 tons at area B and 5,000 tons each at areas C and D, each week. A total of 25,000 tons of waste each week are generated from all five areas.2. Unbalanced. Provide the transportation model for the calculation of cost given the following data: Use the Stepping Stone Method to solve the following. Use degeneracy method or dummy method if necessary.