Which of the following operations involve goods that flow from receiving to shipping with minimum interim sorting eliminating storage and order picking?
A. spot-stocking.
B. cross-docking.
C. just in time (JIT).
D. flow-through.
In a supply chain management context, the role of logistics in supporting product promotions is to:
A. track promotional spending to verify the return on investment (ROI).
B. manage the forecast to adjust seasonal demand from the original forecast.
C. have product in the correct places in the supply chain to fulfill demand.
D. have enough raw materials in stock to quickly respond to increased manufacturing.
A company sends products back upstream for repair, reuse, scrap, or salvage. The process that best facilitates this is known as a:
A. waste recovery system.
B. reverse logistics system.
C. recycling system.
D. closed-loop supply chain.
A seller wishes to pay for all carriage to a named destination (except for costs related to import clearance) and assume all risks prior to the point that the goods are ready for unloading by the buyer. Which of the following Incoterms is being applied?
A. DAT
A bunker adjustment factor is a freight charge for the cost of which of the following components?
A. Fuel
B. Yard movement
C. Currency
D. Chassis
Which of the following desired results best describes why a company would seek to use only unitized loads?
A. Enhanced ability to rapidly unload and release inbound transportation equipment.
B. Increased use of lift trucks to move products from the vehicle to the dock.
C. Enhanced ability to rapidly unload and release outbound transportation equipment.
D. Increased opportunities to group products into unit loads using pallets.
In addition to operational performance, which of the following measurement criteria offer the best options for a manager interested in setting a baseline of key logistical performance measures?
A. Profit margin and service reliability
B. Profit margin and customer service
C. Inventory availability and service reliability
D. Inventory availability and product reliability
In an international transaction requiring a third-party confirmation, which of the following documents provides evidence that the merchandise conforms to the description in the commercial invoice when it left the country of export?
A. Certificate of manufacture
B. Certificate of origin
C. Certificate of compliance
D. Certificate of inspection
An organization can purchase equipment for $450,000 in order to make an item for $20 per unit. A supplier can produce the same item for $25. If the item will sell for $35 per unit, what is the break-even point for the item?
A. 18,000 units
B. 30,000 units
C. 45,000 units
D. 90,000 units
A manufacturing company agrees to export tools to a Chinese company using a letter of credit (L/C). Which of the following entities guarantees the payment for the tools?
A. A bank
B. The Chinese company
C. A credit insurance company
D. A beneficiary
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only APICS exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your CLTD exam preparations and APICS certification application, do not hesitate to visit our Vcedump.com to find your solutions here.