APICS Logistics - Transportation and Distribution CLTD Questions & Answers

• Question 21:

  Which of the following situations best describes when duty drawbacks can be granted?

  A. A manufacturer minimally transforms imports, making products that are then exported.

  B. A distributor resells imported products.

  C. All of the raw materials are imported, a product is created, and then sold domestically.

  D. An exported product has significant domestic content.

  Correct Answer: A

• Question 22:

  Triple bottom line (TBL) refers to balancing the following impacts:

  A. economic, social, and environmental.

  B. environmental, ecological, and ethical.

  C. social, environmental, and regulatory.

  D. financial, economic, and social.

  Correct Answer: A

• Question 23:

  As a means to protect domestic industries, which of the following requirements is an example of a non-trade barrier?

  A. Requesting a mandatory consular invoice

  B. Utilizing Convention on International Sale of Goods (CISG)

  C. Mandating compliance with triple bottom line (TBL)

  D. Demanding process efficiency

  Correct Answer: C

• Question 24:

  Which of the following statements best describes the relationship between order cycle time and inventory?

  A. The shorter the order cycle length, the more inventory is required to be held

  B. The shorter the order cycle length, the less inventory is required to be held

  C. The longer the order cycle length, the less inventory is required to be held

  D. The changes made to the order cycle has little/no impact on inventory levels

  Correct Answer: C

• Question 25:

  When looking at on organization's logistics system, which of the following expenses is the single largest variable cost?

  A. Inventory carrying costs

  B. transportation costs

  C. Warehouse operations costs

  D. Supply management costs

  Correct Answer: A

• Question 26:

  Which of the following inventory cost elements is the most difficult to quantify?

  A. Unit cost

  B. Cost of reordering

  C. Carrying cost

  D. Shortage cost

  Correct Answer: D

• Question 27:

  In addition to order placement and order processing, which of the following steps are part of the order management process?

  A. Order preparation and loading and order picking

  B. Order preparation and loading and order delivery

  C. Order transit time and order returns

  D. Order transit time and customer receiving

  Correct Answer: B

• Question 28:

  Which of the following items undermines the attempts to simplify transportation pricing?

  A. rate-basis numbers

  B. Class rate

  C. Commodity rate

  D. Incentive rate

  Correct Answer: A

• Question 29:

  In building a daily route schedule, which of the following factors provides the greatest challenge for a transportation manager?

  A. Random demand

  B. Fixed traffic patterns

  C. Data cleanup

  D. Customer base

  Correct Answer: A

• Question 30:

  The primary role of the World Trade Organization (WTO) is to:

  A. establish an international system of payment.

  B. stabilize international currency exchange rates.

  C. enforce free trade on a global basis.

  D. create global free trade agreements.

  Correct Answer: D