Free APICS CLTD Practice Exam with Questions & Answers | Set: 2

Which of the following inventory ordering techniques would a company's corporate warehouse utilize if it is interested in meeting both the quantity and timing requirements of demand from its regional warehouses?

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 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 delivery time to one week?

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

A logistics manager is asked to perform a total cost analysis for the organization. Which of the following trade-offs is critical to consider?

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

A logistics service provider has an average on-time delivery of 30%, average damage free delivery of 30%, and average correct documentation of 30%. Which of the following values represents the probability that the next delivery would be on-time, damage free, and with correct documentation?

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

Airfreight companies often use dimensional (dim) weight to cost out shipments because of which of the following attributes of the product?

A transit privilege permits a shipper to: