APICS Logistics - Transportation and Distribution CLTD Questions & Answers

• Question 1:

  Which of the following theories is illustrated in the list below?

  Stage 1: A new product is created to fill a domestic need and produced locally.

  Stage 3: The newly created product is offered to international customers.

  Stage 4: International customers develop expertise and offer the product at a lower cost to the original

  country.

  A. International product life cycle theory

  B. Porter's cluster theory

  C. Sheffi's logistics cluster theory

  D. Theory of Comparative Advantage

  Correct Answer: A

• Question 2:

  Which of the following modes of transportation is typically associated with detention charges?

  A. Rail

  B. Water

  C. Pipeline

  D. Truck

  Correct Answer: B

• Question 3:

  Stockout frequency refers to:

  A. the probability that a firm will not have inventory available to meet customer orders.

  B. a single event where a firm will not have inventory available to meet customer orders.

  C. the cost of sales that a firm will have when insufficient inventory is available to meet customer orders.

  D. the percentage of days in which inventory necessary to meet customer orders is missing.

  Correct Answer: A

• Question 4:

  The task that best describes the value proposition offered by freight forwarders is that they:

  A. act as agents for domestic firms in international markets, primarily obtaining orders for their clients' products.

  B. export goods and services and locates overseas buyers on their clients' behalf.

  C. consolidate shipments from various customers and offer lower transportation rates.

  D. operate under power of attorney from the shipper to pay all import duties and are ultimately liable for unpaid duties.

  Correct Answer: A

• Question 5:

  A logistics manager seeks total integration of components that are essential to achieve stated objectives. Which of the following frameworks would be best to implement?

  A. System concepts and analysis

  B. Total cost of ownership (TCO)

  C. Lean six sigma concepts

  D. Network inventory cost minimization

  Correct Answer: A

• Question 6:

  Airfreight companies often use dimensional (dim) weight to cost out shipments because of which of the following attributes of the product?

  A. Density

  B. Height

  C. Weight

  D. Value

  Correct Answer: C

• Question 7:

  Which of the following supply chain risk management maturity model attributes provides visibility to impending disruptions and enables the establishment of effective, preventive, and mitigation plans?

  A. Visibility

  B. Predictability

  C. resiliency

  D. Sustainability

  Correct Answer: C

• Question 8:

  Which of the following terms refers to an integrated approach of simultaneously selling to consumers through multiple distribution channels?

  A. Omni-channel

  B. Multi-channel

  C. Business-to-consumer (B2C)

  D. E-commerce

  Correct Answer: B

• Question 9:

  A motor carrier is in a dispute with a customer over who is responsible for unloading for unloading goods at the customer's location.

  Which of the following documents would be used to resolve the dispute?

  A. Freight bill

  B. Bill of lading (B/L)

  C. Routing guide

  D. Domestic terms of sale

  Correct Answer: D

• Question 10:

  Which of the following sets of elements are the major components of inventory carrying cost?

  A. Capital, storage space, inventory service, transportation

  B. Storage space, inventory service, inventory risk, transportation

  C. Capital, storage space, inventory service, inventory risk

  D. Capital, storage space, inventory service, distribution

  Correct Answer: C