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APICS CLTD Practice Test - Questions Answers, Page 5

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A supply chain manager would like to guard against potential shortage in their company’s manufacturing capacity. Which of the following areas of supply chain risk should the manager pay most attention to?

A.
Technical
A.
Technical
Answers
B.
Demand
B.
Demand
Answers
C.
Process
C.
Process
Answers
D.
Financial
D.
Financial
Answers
Suggested answer: A

Which of the following forms of supply chain risk is considered the most disruptive?

A.
Supply
A.
Supply
Answers
B.
Process
B.
Process
Answers
C.
Finance
C.
Finance
Answers
D.
Environment
D.
Environment
Answers
Suggested answer: D

What is the primary value-added service that a company would receive from using land-bridge services?

A.
Reduced risk
A.
Reduced risk
Answers
B.
Reduced transit time
B.
Reduced transit time
Answers
C.
Increased reliability
C.
Increased reliability
Answers
D.
Increased capacity
D.
Increased capacity
Answers
Suggested answer: C

A company would like to encourage shippers to partner on sustainability initiatives. Which of the following rates would best meet this objective?

A.
Density
A.
Density
Answers
B.
Incentive
B.
Incentive
Answers
C.
Differential
C.
Differential
Answers
D.
Blanket
D.
Blanket
Answers
Suggested answer: A

Which of the following measures would a company use in attempting to improve its customer service dimension of dependability?

A.
Order cycle time
A.
Order cycle time
Answers
B.
Inquiry response time
B.
Inquiry response time
Answers
C.
On-time delivery
C.
On-time delivery
Answers
D.
Order agility
D.
Order agility
Answers
Suggested answer: D

A logistic team has developed new packaging for their best-selling product that reduces the packaging costs by 60% and the overall package size by 25%. The material can no longer be stacked on pallets and must be shipped and stored in non-stackable, returnable plastic bins.

Which of the following statements bests represents the potential trade-offs of implementing this change?

A.
Higher labor costs, improved customer service, and no change in warehouse costs
A.
Higher labor costs, improved customer service, and no change in warehouse costs
Answers
B.
Higher labor costs, increase in warehouse costs, and an increase in transportation costs
B.
Higher labor costs, increase in warehouse costs, and an increase in transportation costs
Answers
C.
Improved customer service, increase in warehouse storage costs, and a decrease in transportation costsD. Decrease in warehouse costs, increase in transportation costs, and no change in customer service
C.
Improved customer service, increase in warehouse storage costs, and a decrease in transportation costsD. Decrease in warehouse costs, increase in transportation costs, and no change in customer service
Answers
Suggested answer:

A company would like to implement a strategic initiative of enhancing its reverse logistics process. Which of the following statements best describes the profitability impact of such a strategy?

A.
More profits due to higher return rate of customers
A.
More profits due to higher return rate of customers
Answers
B.
More profits due to larger volume of returned products
B.
More profits due to larger volume of returned products
Answers
C.
Less profits due to increase in investment costs
C.
Less profits due to increase in investment costs
Answers
D.
Less profits due to negative impact on brand image
D.
Less profits due to negative impact on brand image
Answers
Suggested answer: A

A developing country would like to improve its trade relations with Europe by updating its port infrastructure. Which international organization would help fund the project?

A.
the bank for International Settlements
A.
the bank for International Settlements
Answers
B.
The World bank
B.
The World bank
Answers
C.
The Central bank
C.
The Central bank
Answers
D.
The International Monetary Fund
D.
The International Monetary Fund
Answers
Suggested answer: B

Excluding cost, which of the following sets of criteria describes the primary drivers for transportation mode selection?

A.
Capacity, transit time, reliability, safety, and supply chain security participation
A.
Capacity, transit time, reliability, safety, and supply chain security participation
Answers
B.
Accessibility, capacity, transit time, reliability, and financial stability
B.
Accessibility, capacity, transit time, reliability, and financial stability
Answers
C.
Accessibility, capacity, transit time, reliability, and safety
C.
Accessibility, capacity, transit time, reliability, and safety
Answers
D.
Capacity, transit time, safety, supply chain security participation, and availability
D.
Capacity, transit time, safety, supply chain security participation, and availability
Answers
Suggested answer: D

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

A.
advanced planning and scheduling (APS).
A.
advanced planning and scheduling (APS).
Answers
B.
collaborative planning, forecasting, and replenishment (CPFR).
B.
collaborative planning, forecasting, and replenishment (CPFR).
Answers
C.
sales and operations planning (S&OP).
C.
sales and operations planning (S&OP).
Answers
D.
distribution requirements planning (DRP).
D.
distribution requirements planning (DRP).
Answers
Suggested answer: A
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