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APICS CLTD Practice Test - Questions Answers, Page 9

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List of questions

Question 81

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Which of the following rules specifies whether the importer is responsible for insuring cargo?

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Question 82

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A restriction that can be classified as a non-tariff barrier would be a(n):

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Question 83

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An organization wanting to improve the management of resources and exceptions across the supply chain should focus on enhancing:

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Question 84

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When a logistics manager assigns workers to receive, store, and move goods into and out of warehouse, they are managing which of the following activities?

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Question 85

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Which of the following order characteristics would make increased levels of inventory necessary?

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Question 86

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Which of the following outcomes is a potential advantage of operating an efficient reverse logistics process?

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Question 87

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The key factors in modal determination when comparing the trade-off between cost and service include:

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Question 88

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

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Question 89

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A carrier takes three weeks to deliver a product which has average sales of 1,000 units per week. The unit cost is $20 each and the carrying cost is 15%. What is the savings in the transportation inventory cost if management decides to change the mode of transportation to decrease time to one week?

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Question 90

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Which of the following methods is used for facility location selection based on the location of markets, the volume of goods shipped, and shipping costs?

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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