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APICS CLTD Practice Test - Questions Answers, Page 11

List of questions

Question 101

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Which of the following strategies would a logistics manager most likely choose in order to reduce transportation cost?

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Question 102

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To prevent the importing of certain luxury good so that a country can use its hard currency on essential goods, governments can refuse to issue a(n):

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Question 103

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A trucking company purchased a tractor-trailer for $150,000 to support its short-haul business. The tractor-trailer will be in service for 5 years before it will be sold at $55,000.

With annual fuel costs estimated at $12,000, what is the annual depreciation for the vehicle?

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Question 104

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Which Incoterm ® applies only to ocean transportation where the exporter is responsible to bring the goods to the port?

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Question 105

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A company that utilizes barges as a major mode of transportation would typically navigate in:

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Question 106

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What facility location method has the advantage of analyzing both quantitative data and hard-to-evaluate criteria?

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Question 107

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A company currently has a significantly long lead time in determining the disposition of returned products. Which of the following non-procedural areas should the company look into as it performs a root cause analysis?

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Question 108

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A company wants to minimize tariff costs while avoiding the need to file for duty drawback. Which of the following practices would best achieve this objective?

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Question 109

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Which of the following parties play an integral role during the transportation process?

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Question 110

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When defining the business requirements of a new distribution center, one of the first requirements to be considered is the:

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Related questions

Which of the following statements best describes the primary objective of most warehouses?
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