APICS Certified in Logistics, Transportation and Distribution - CLTD Exam Questions
QUESTION NO: 1
Which of the following groups was formed for the purpose of eliminating the trade barriers among its members?
Which of the following groups was formed for the purpose of eliminating the trade barriers among its members?
Correct Answer: D
QUESTION NO: 2
A company that ships self-propelled cargo and prefers not to utilize specialized lifting equipment should consider which of the following types of shipping vessels?
A company that ships self-propelled cargo and prefers not to utilize specialized lifting equipment should consider which of the following types of shipping vessels?
Correct Answer: B
QUESTION NO: 3
Which of the following prerequisites is essential in order to establish an effective order management system?
Which of the following prerequisites is essential in order to establish an effective order management system?
Correct Answer: A
QUESTION NO: 4
Which of the following inventory cost elements is the most difficult to quantify?
Which of the following inventory cost elements is the most difficult to quantify?
Correct Answer: B
QUESTION NO: 5
When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?
When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?
Correct Answer: B
QUESTION NO: 6
Which of the following items undermines the attempts to simplify transportation pricing'?
Which of the following items undermines the attempts to simplify transportation pricing'?
Correct Answer: D
QUESTION NO: 7
An ocean carrier's goal of maximizing total revenue of the entire ship by offering very competitive rates that cover their variable costs and then increasing rates according to what the traffic will bear is referred to as:
An ocean carrier's goal of maximizing total revenue of the entire ship by offering very competitive rates that cover their variable costs and then increasing rates according to what the traffic will bear is referred to as:
Correct Answer: D
QUESTION NO: 8
In building a daily route schedule, which of the following factors provides the greatest challenge for a transportation manager?
In building a daily route schedule, which of the following factors provides the greatest challenge for a transportation manager?
Correct Answer: B
QUESTION NO: 9
When defining the business requirements of a new distribution center, one of the first requirements to be considered is the
When defining the business requirements of a new distribution center, one of the first requirements to be considered is the
Correct Answer: B
QUESTION NO: 10
A carrier takes three weeks to deliver a product which has average sales of 1,000 units per week. The unit cost is $20 each and the carrying cost is 15%. What is the savings in the transportation inventory cost if management decides to change the mode of transportation to decrease delivery time to one week?
A carrier takes three weeks to deliver a product which has average sales of 1,000 units per week. The unit cost is $20 each and the carrying cost is 15%. What is the savings in the transportation inventory cost if management decides to change the mode of transportation to decrease delivery time to one week?
Correct Answer: C
