GMS 803 Lecture Notes - Lecture 1: Euclidean Distance, Geographical Distance, Pro Rata

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 803
• Professor: Hossein Zolfagharinia

Document Summary

01/21/2016 o o o o o o o o o o o. The goal of transportation is to transform the geographical attributes of freight, people or information, from an origin to a destination, conferring them an added value in the process. The convenience at which this can be done varies considerably and is commonly labeled as transportability. Transportability is related to degrees of convenience in: transport costs. The attributes of what is being transported (fragility, perishable, price). Transportation is not necessarily a science, but a field of application borrowing concepts and methods from a wide variety of disciplines (e. g. , management science). The specific purpose of transportation is to fulfill a demand for mobility, since transportation can only exists if it moves people, freight and information around. This is because transportation is dominantly the outcome of a derived demand; it takes place because other activities are taking place. o.