APICS CLTD Online Practice Questions and Exam Preparation

APICS CLTD Online Questions & Answers

• Question 81:

  Which of the following logistics customer service elements is considered a pre-transaction element?

  A. Order size constraints
  B. Order status information
  C. Order cycle time
  D. Order preparation
  A. Order size constraints

• Question 82:

  Customer segmentation involves which of the following offerings?

  A. Automated picking system
  B. Large local warehouse
  C. Payment terms
  D. Brick and mortar stores
  C. Payment terms

• Question 83:

  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.
  B. spread out fixed costs over large output volumes.

• Question 84:

  Which of the following functions does inventory provide when it is purchased ahead of time to serve an upcoming marketing promotion?

  A. Speculation
  B. Anticipation
  C. Hedge
  D. Safety
  B. Anticipation

• Question 85:

  A company that distributes spare parts for the automobile industry must consider duty rates when deciding where to sell its products. Duty rates are heavily influenced by:

  A. the country of destination to which goods are exported.
  B. the country of origin from which goods are imported.
  C. the invoice value of imported goods.
  D. the invoice value of exported goods.
  C. the invoice value of imported goods.

• Question 86:

  A warehousing manager has determined the forecasting technique used by their company consistently underpredicts the demand. The tracking signal for such a forecast would be:

  A. negative.
  B. positive.
  C. undetermined.
  D. negative and positive alternately.
  B. positive.

• Question 87:

  Which of the following lean tools would a warehouse team use to document, analyze, and improve the flow of information and materials to customers?

  A. Lean six sigma
  B. Kaizen
  C. Value stream mapping
  D. Five S methodology
  C. Value stream mapping

• Question 88:

  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.
  D. closed-loop supply chain.

• Question 89:

  A company decides to revise its warehouse layout, requiring it to temporarily relocate a significant amount of material. Which of the following categories of inventory carrying costs can the company expect to increase in the short term?

  A. Service
  B. Risk
  C. Transportation
  D. Storage
  D. Storage

• Question 90:

  According to the Theory of Comparative Advantage, which of the following reasons justifies a country to export a product?

  A. The exporting country produces the product utilizing less labor than other countries.
  B. The exporting country's wage rate in producing the good is lower than in other countries.
  C. The exporting country's productivity is higher in producing the good than the productivity of other countries.
  D. The exporting country's cost of producing the good, relative to other goods, is at least as low as in other countries.
  D. The exporting country's cost of producing the good, relative to other goods, is at least as low as in other countries.