APICS CLTD Online Practice Questions and Exam Preparation

APICS CLTD Online Questions & Answers

• Question 91:

  Which of the following tariff structures of a country makes the use of foreign/free trade zone (FTZ) attractive?

  A. Tariffs on the component parts are higher than on the final product.
  B. Tariffs on final product are higher than on the component parts.
  C. Tariffs on final product are the same as the tariff on the component parts.
  D. Neither the final product nor the component parts are subjected to tariffs.
  A. Tariffs on the component parts are higher than on the final product.

• Question 92:

  A company receives automobile parts from global manufactures into its distribution center before redeploying the parts to local retail outlets. Which of the following documents can be used to proactively plan for the redeployment of the parts?

  A. Bill of lading (B\L)
  B. Advance ship notice (ASN)
  C. Routing guide
  D. Shipment manifest
  B. Advance ship notice (ASN)

• Question 93:

  A vessel operating under the threat of piracy or hostile military action is protected by the:

  A. United Nations (UN) military forces.
  B. country closest to the vessel at the time of attack.
  C. shipping company registry.
  D. naval forces of the flag of registry.
  D. naval forces of the flag of registry.

• Question 94:

  Which of the following customer segmentation dimensions reveals the most critical value proposition available to the customer?

  A. Behavior
  B. Needs
  C. Growth
  D. Profitability
  B. Needs

• Question 95:

  Based on the table provided below, what is the break-even point that would warrant making the part in-house?

  

  A. 50,000 units
  B. 100,000 units
  C. 45,000,000 units
  D. 55,000,000 units
  A. 50,000 units

• Question 96:

  Which of the following statements best describes the primary objective of most warehouses?

  A. Provide additional storage to excess inventory and avoid its disposal
  B. Ensure that inventory levels are in accordance with the company's financial target
  C. Accurately reflect the company's working capital status
  D. Facilitate the movement of goods through the supply chain to the end consumer
  D. Facilitate the movement of goods through the supply chain to the end consumer

• Question 97:

  Which of the following documents is issued by the carrier or its agent, as evidence of a contract for shipping the merchandise and as a claim to the ownership of goods?

  A. Letter of credit (L/C)
  B. Commercial invoice
  C. Bill of lading (B/L)
  D. Certificate of insurance
  C. Bill of lading (B/L)

• Question 98:

  Of the different site selection modeling techniques available, this solution uses mathematical procedures guaranteed to find the best solution, given the mathematical definition of the problem being evaluated.

  A. Heuristic
  B. Optimization
  C. Simulation
  D. Network Factorization
  C. Simulation

• Question 99:

  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
  B. Height

• Question 100:

  Which of the following rules specifies whether the importer is responsible for insuring cargo?

  A. World Trade Organization (WTO) rule
  B. Lloyds of London rule
  C. Incoterms rule
  D. Shipper's rule
  C. Incoterms rule