9831626
Description
Mind Map by Aranza Castillo, updated more than 1 year ago
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Created by Aranza Castillo
over 7 years ago
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TRANSPORTATION: CRITICAL LINK IN THE
ECONOMY
- Transportation is a pervasive and vital
function in all industrialized
economies.
- The growth of civilizations is
directly associated with the develop-
ment of transportation systems.
- The growth of civilizations is
directly associated with the develop-
ment of transportation systems.
- Help determine the
economic value of
products.
- The reduction in cost is actually greater for
longer distances because of the fixed charges
- The reduction in cost is actually greater for
longer distances because of the fixed charges
- Law of Squares in transportation
and trade (also known as Lardner’s
Law).
- Time Utility
- The demand for a particular commodity may
exist only during certain periods of time.
- Quantity Utility
- Minimizing safety stock inventories for
both shippers and receivers
- Minimizing safety stock inventories for
both shippers and receivers
- Place Utility
- The demand for a particular commodity may
exist only during certain periods of time.
- Practical Economics to benefit
companies
- Moving
- Making: Exploring efficient
ways to manufacture and
export
- Pricing: Reflecting updated
cost-to-serve economics
- Sourcing: Buying closer to point
of use
- Moving
- Geographic Specialization
- Transportation is
necessary to exchange
- Increased market competition
- Increased market competition
- Large-scale production or economies of scale
- Result of more efficient
operations
- Result of more efficient
operations
- Transportation patterns reflect the flow of people
and commerce
- Transportation is
necessary to exchange
- Transportation accounts for about 10.5
percent of GDP
- Freight
transportation
- Modal split
- Divides the total transportation market for
passenger and freight movements according
to use or volume by the major modes of
transportation
- Divides the total transportation market for
passenger and freight movements according
to use or volume by the major modes of
transportation
- Passenger
transportation
- Freight
transportation
- Social Significance
- Green Logistics
- Safety
- Green Logistics
- Political Significance
- Regulations
- Responsability
- Emminent Domain
- Common Carrier
- Responsability
- Regulations
- Transportation. A Supply Chain
Perspective. ISBN
978-0-324-78919-5, 7th
edition. Authors: Coyle, Langley,
Novack, Gibson, Editorial
Cengage. cHapter 2
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