CLTD: Certification in Logistics, Transportation and Distribution

A planning process specifically designed to balance demand and supply within an organization and arrive at a consensus forecast is known as:

A company is sending a shipment to its customer in Italy. It elects to pay the freight and be responsible for any liability and damage claims. Which of the following free on board (FOB) terms is the company using?

The allocation of revenues and costs to customer segments or individual customers in order to estimate segment value is known as:

Higher throughput operations enable private warehouses to:

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

A corporation is projecting annual sales at $35 million, cost of goods sold (COGS) at $25 million, and administrative expenses at $3 million. In order to meet its corporate inventory turns goal of 5.0, their inventory level must average:

A company setting up a warehouse wants to maintain a first in, first out (FIFO) stock rotation. Which of the following storage systems should they utilize?

A transportation manager is interested in selecting the optimal mode of transportation based on 3 key criteria: speed, availability, and dependability.

Which of the following modes best meets the criteria?

Given the data below, calculate the reorder point (ROP).

Average daily demand = 30 units/day

Lead time = 4 days Safety

stock = 20