APICS CLTD Practice Test - Questions Answers, Page 4
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Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a(n):
A carrier receives damaged goods. What actions best describes what the carrier should do so that it is not liable for the damages?
A company’s distribution center receives material from a number of sources and combines them into exact quantities for a specific destination.
Which of the following functions is the distribution center providing?
A corporation is redesigning its warehouse and has decided to use a rack system that allows each level to be accesses individually by placing pallets on wheeled frames. The rack system that best meets this criteria is:
A tracking company picks up a shipment and takes it to a terminal where it is consolidated with over shipments going to the same city.
This trucking company is most likely a:
An ocean carrier’s goal of maximizing total revenue of the entire ship by offering very competitive rates that cover their variable costs and then increasing rates according to what the traffic will bear is referred to as:
When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?
Which of the following costs are the most intangible and subjective of all the carrying cost elements?
Random stocking can be greatly improved through the use of a(n):
A manufacturer must consider the long-term effects of its products’ impact on the environment. A key product design consideration is:
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