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APICS CLTD Practice Test - Questions Answers, Page 5

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Question 41

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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?

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Question 42

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

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Question 43

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

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Question 44

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

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Question 45

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

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Question 46

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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?

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Question 47

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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?

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Question 48

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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?

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Question 49

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

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Question 50

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

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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