Seven economic drivers that influence transportation cost were presented. Select a specific product and discuss how each factor will impact determination of a freight rate.
Answer to relevant QuestionsWhat is the purpose of freight classification: Does the concept of classification have relevancy given deregulation of transportation? Discuss and illustrate the economic justification for establishing a warehouse. Assume you are responsible for manufacturing production at Honda Marysville. On a given day, the tier one supplier operating the adjacent tire-wheel assembly operation feeds the incorrect tire-wheel combination to the ...What is the logic of “live racks"? Discuss how product variations, security and import constraints, and transportation uncertainty should impact global sourcing and marketing decisions.
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