Hps2214:Transport Economics Question Paper
Hps2214:Transport Economics
Course:Bachelor Of Supplies Management
Institution: Meru University Of Science And Technology question papers
Exam Year:2013
QUESTION ONE (30 MARKS)
a. List down any four vital factors that should be considered when selecting the mode of transport (4 Marks) b. In relation to transport costing explain what the following distance related cost entail: i. Uniform rates (2½ Marks) ii. Proportional rates (2½ Marks) iii. Tapering rates (2½ Marks) iv. Blanket rates (2½ Marks) c. Discuss the main advantages of using pipeline mode of transport (6 Marks) d. Meru town was recently said to be one among the few rural towns are the most likely causes of this phenomenon? (10 Marks)
QUESTION TWO (20 MARKS)
a. In relation to modes of transport discuss the following legal forms of transport: i. common carriers (5 Marks) ii. contract carriers (5 Marks) iii. private carriers (5 Marks) iv. Exempt carriers (5 Marks)
QUESTION THREE (20 MARKS)
a. More often than not the government regulates the general transport in the country. what are the main reasons behind this regulation (10 Marks) b. A company is considering hiring transport against outright purchase. What strong reasons would the transport department give for preferring hiring? (10 Marks)
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QUESTION FOUR (20 MARKS)
a. A firm is considering possibilities of switching to a new mode of transport. Explain the possible reasons behind it (10 Marks) b. Give and explain the main features of a good transport system (10 Marks)
QUESTION FIVE (20 MARKS)
a. Demand for transport services is referred to as derived demand. Discuss (10 Marks) b. Explain the role of transport services in economic growth and development in a county (10 Marks)
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