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Hps2214:Transport Economics Question Paper

Hps2214:Transport Economics

Course:Bachelor Of Supplies Management

Institution: Meru University Of Science And Technology question papers

Exam Year:2011

QUESTION ONE – 30 MARKS
a. In business environment supplies management concept dictates the performance of logistics in the market. Proper planning approach paves way to sustenance of company goals. Justify this statement by discussing transport regulations and policies. (10 Marks) b. Briefly discuss the advantages of using multimodal transport. (5 Marks) c. Explain how the characteristics of a consignment would impact on the mode of transport chosen. (10 Marks) d. Indicate steps that could be taken to set up a reverse logistics process for products recalled due to health safety issues. (5 Marks)
QUESTION TWO – 20 MARKS
a. Explain the impact that three different incoterms would have on the balance of risks when importing products. (6 Marks) b. Suggest four suitable KPI’s that would measure the efficiency and effectiveness of road transport operations. (8 Marks) c. List three examples of unit loads describing their use. (6 Marks)
QUESTION THREE – 20 MARKS
a. Briefly explain the following terms: i. MRP (5 Marks) ii. Logistics Management (5 Marks) iii. ABC Analysis (5 Marks) iv. EOQ (5 Marks)
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QUESTION FOUR – 20 MARKS
a. Importance and scope of materials and transport manager function has increase with globalization and competition. Discuss the statement in the context of Indian manufacturing organization. (10 Marks) b. Outline the following operational research techniques: i. Network analysis. (3 Marks) ii. Simulation (3 Marks) iii. Queuing theory (3 Marks)
QUESTION FIVE – 20 MARKS
a. Analyze how use of third party contractors could improve both the effectiveness and efficiency of stores and transport operations. (10 Marks) b. Explain with examples how internet can improve the performance of transport function. (10 Marks)

Hps2214:Transport Economics Question Paper

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