APICS APICS Certifications CLTD Questions & Answers

• Question 91:

  Higher throughput operations enable private warehouses to:

  A. spread out variable costs over large output volumes

  B. spread out fixed costs over large output volumes.

  C. allocate total unit costs on the basis of traffic volume.

  D. accomplish better facility utilization with declining overheads.

  Correct Answer: B

• Question 92:

  Which of the following modes of transportation is characterized as having the highest fixed cost and lowest variable cost?

  A. Air

  B. Water

  C. Rail

  D. Pipeline

  Correct Answer: D

• Question 93:

  Procurement professional are focused on the total cost of ownership (TCO) in their vendor selection strategies. This implies that:

  A. procurement is now increasingly charged with pushing back inventory to vendors.

  B. there is increased consideration of trade-offs among purchase price, quality, and vendor capability.

  C. procurement is decreasing its emphasis on the importance of vendor certification and audit programs.

  D. there is increased emphasis on procuring at the lowest purchase price possible.

  Correct Answer: B

• Question 94:

  A company has prioritized A, B, and C, filling orders in that sequence. What are the impact to customer service levels for customers B and C?

  

  A. 100% service levels for B and C

  B. Customer B has higher service level

  C. Customer C has higher service level

  D. Customer B and C have the same service level

  Correct Answer: B

• Question 95:

  Which of the following terms of payment should an international purchasing manager use to guarantee that the shipment is made and the shipper gets paid for their product?

  A. Letter of credit

  B. Open account

  C. Sight draft

  D. Cash in advance

  Correct Answer: A

• Question 96:

  A document that serves as a contract, a receipt, and a certificate of title in an international transaction is known as a:

  A. certificate of origin

  B. manifest

  C. packing list

  D. bill of lading (B\L)

  Correct Answer: D

• Question 97:

  The international commercial document that serves as a quote to obtain a letter of credit or an import license is called a(n):

  A. commercial invoice

  B. pro forma invoice

  C. export license

  D. consular invoice

  Correct Answer: B

• Question 98:

  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.

  Correct Answer: D

• Question 99:

  Which of the following outcomes of warehouse operations is the most critical in designing a warehouse?

  A. Optimizing product flow

  B. Minimizing warehousing cost

  C. Increasing inventory counting

  D. Maximizing automation

  Correct Answer: A

• Question 100:

  Excluding cost, which of the following sets of criteria describes the primary drivers for transportation mode selection?

  A. Capacity, transit time, reliability, safety, and supply chain security participation

  B. Accessibility, capacity, transit time, reliability, and financial stability

  C. Accessibility, capacity, transit time, reliability, and safety

  D. Capacity, transit time, safety, supply chain security participation, and availability

  Correct Answer: C