Question

1.Transportation companies are able to deny shipments because they deem the value of the shipment as too high.

Group of answer choices

True

False

2.Weighted moving average forecasting usually places more emphasis on demand information from periods that are further away in time.

Group of answer choices

True

False

3.LTL trucking carriers operate based on a network called:

Group of answer choices

Hub and Spoke

Forward and Reverse

Linehaul and Backhaul

Ball and Chain

Answer 1

1. True

Transportation companies are able to deny shipments because they deem the value of the shipment as too high. The risk factor and responsibilities of transportation companies increase manifold with high value of shipment making the transportation companies deciding to deny the shipments when required.

2. True

Weighted moving average forecasting usually places more emphasis on demand information from periods that are further away in time. This is because weighted moving average is used for long term forecasting and forecasts demand which are further away in time.

3. Linehaul and Backhaul

LTL trucking carriers operate based on a network called linehaul and backhaul. This network is used for intermodal transportation of goods and services and places importance to optimum utilization of trucking space which would help in cost reduction as well as efficient transportation of goods and services.