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Estimating Procedures & Pricing Strategies Flashcards

7 cards from real CMC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Estimating Procedures & Pricing Strategies flashcards as text
  1. A moving consultant is pricing a local move using an hourly rate. The customer has 3 movers at $45/hour per mover and a 4-hour job. What is the labor charge before any additional fees?

    Answer: $540

    3 movers × $45/hr × 4 hours = $540 total labor charge.

  2. What is 'valuation' in the context of a moving estimate, and why is it important to disclose it to the customer?

    Answer: It is the level of carrier liability for loss or damage, and customers must choose their coverage option

    Valuation refers to the degree of carrier liability the customer selects; disclosing options (Released Value vs. Full Value Protection) is required so customers can make an informed choice.

  3. A customer's move qualifies for a 10% military discount off the base line-haul rate. If the line-haul rate is $2,800, what is the discounted amount?

    Answer: $2,520

    $2,800 × 10% = $280 discount; $2,800 − $280 = $2,520.

  4. Which of the following best describes a 'peak season surcharge' in moving industry pricing?

    Answer: An additional fee applied during high-demand periods, typically summer months, to offset increased operational costs

    Peak season surcharges compensate for higher demand and operational costs during the busy summer moving season, typically May through August.

  5. When a consultant calculates a shipment's cube in cubic feet and then converts it to weight for an interstate estimate, what standard conversion factor is most commonly used?

    Answer: 7 pounds per cubic foot

    The industry standard for converting household goods volume to weight is approximately 7 pounds per cubic foot.

  6. A customer requests storage-in-transit (SIT) for 45 days before final delivery. Which pricing component should the consultant add to the estimate?

    Answer: A SIT charge based on the carrier's tariff rate for the number of days stored, plus a second delivery charge

    SIT charges accrue daily per the tariff and a separate 'second delivery' or destination service charge applies when the shipment leaves storage for final delivery.

  7. What is a 'shuttle service' charge and under what condition is it typically applied on a moving estimate?

    Answer: A charge for transferring goods from a large semi-trailer to a smaller vehicle when the destination is inaccessible to the primary truck

    A shuttle charge applies when the destination street, driveway, or building cannot accommodate the primary semi-trailer, requiring a smaller vehicle to complete delivery.