Fuel Efficiency and Energy Consumption Considerations

question 1

Multiple Choice

Fuel efficiency and energy consumption considerations:

• A) have no impact on transportation strategy in most organizations.
• B) are a factor in transportation strategy development in many organizations.
• C) encourage shippers to focus on increasing LTL shipments.
• D) lead to disintermediation in the supply chain.
• E) result in lower use of third party logistics providers.

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Definitions:

Revenue Volume Variance

This reflects the difference between actual revenue and the expected revenue that was based on the budget, often attributed to changes in sales volume.

Planned Selling Price Sep## Actual Units Sold

This represents the comparison between the pre-established price at which goods were intended to be sold and the actual number of units sold.

Significant Variances

Major discrepancies between planned and actual figures in budgets, costing, or any financial metric.

Favorable Cost Variance

A situation where the actual cost of a product or service is less than its budgeted or standard cost.