APICS CLTD Online Practice Questions and Exam Preparation

APICS CLTD Online Questions & Answers

• Question 161:

  A motor carrier is reevaluating its costs of operations in order to justify a price increase. The company's variable costs calculations should include which of the following operating expenses?

  A. Operators' licenses
  B. Depreciation
  C. Drivers' base wages
  D. Repairs and maintenance
  D. Repairs and maintenance

• Question 162:

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

• Question 163:

  Which of the following concepts can be described as a firm's willingness to focus on customer requirements, resulting in high levels of customer satisfaction?

  A. Customer order promising
  B. Customer partnership
  C. Customer relationship management (CRM)
  D. Customer service management (CSM)
  C. Customer relationship management (CRM)

• Question 164:

  Which of the following inventory ordering techniques would a company's corporate warehouse utilize if it is interested in meeting both the quantity and timing requirements of demand from its regional warehouses?

  A. Distribution requirements planning (DRP)
  B. Fixed order quantity/variable cycle
  C. Periodic review
  D. Kanban
  A. Distribution requirements planning (DRP)

• Question 165:

  If a firm desires to upgrade its current logistics performance measurement system to incorporate comprehensive financial and non-financial metrics, they should implement:

  A. an activity-based costing (ABC) system.
  B. an advanced planning system (APS).
  C. a balanced scorecard.
  D. the Supply Chain Operation Reference (SCOR) model.
  C. a balanced scorecard.

• Question 166:

  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. Handysize
  B. Roll-on/roll-off (RORO)
  C. Suez-Max
  D. Trot-on/trot-off (TOTO)
  B. Roll-on/roll-off (RORO)

• Question 167:

  To increase profitability by lowering inventory carrying cost, a company should focus on what costs?

  A. Warranty
  B. Storage space
  C. Transportation
  D. Technology
  B. Storage space

• Question 168:

  A manager would like to improve labor productivity by minimizing travel time in the warehouse. Which of the following picking methods would best enable the manager to achieve this objective?

  A. Wave picking
  B. Zone picking
  C. Order picking
  D. Batch picking
  B. Zone picking

• Question 169:

  Which of the following types of supply chain facilities has a primary purpose of maximizing the usage of available storage space?

  A. Warehouse
  B. Cross-docking
  C. Break-bulk
  D. Manufacturing
  A. Warehouse

• Question 170:

  A corporation is redesigning its warehouse and has decided to use a rack system that allows each level to be accesses individually by placing pallets on wheeled frames. The rack system that best meets this criteria is:

  A. flow-through
  B. push-back
  C. drive-in
  D. double-deep
  B. push-back