APICS CLTD Exam Practice Test Instant Access

Question 1

A company calculating shipping volume in unit load device containers is focusing on which mode of transportation'?

ATrucking

BOcean shipping

CAir freight

DBarges

Answer : C

Question 2

Which of following statements best describes the relationship between order cycle time and inventory?

AThe shorter the order cycle length, the more inventory is required to be held

BThe shorter the order cycle length, the less inventory is required to be held

CThe longer the order cycle length, the less inventory is required to be held

DThe changes made to the order cycle has little/no impact on inventory levels

Answer : C

Question 3

Which of the following inventory cost elements is the most difficult to quantify?

AUnit cost

BCost of reordering

CCarrying cost

DShortage cost

Answer : C

Question 4

When looking at an organization's logistics system, which of the following expenses is the single largest variable cost?

AInventory carrying costs

BTransportation costs

CWarehouse operations costs

DSupply management costs

Answer : A

Question 5

Which of the following items undermines the attempts to simplify transportation pricing'?

ARate-basis numbers

BClass rate

CCommodity rate

DIncentive rate

Answer : A

Question 6

In addition to order placement and order processing, which of the following steps are part of the order management process?

AOrder preparation and loading and order picking

BOrder preparation and loading and order delivery

COrder transit time and order returns

DOrder transit time and customer receiving

Answer : B

Question 7

The primary role of the World Trade Organization (WTO) is to:

Aestablish an international system of payment.

Bstabilize international currency exchange rates.

Cenforce free trade on a global basis.

Dcreate global free trade agreements.

Answer : D

APICS Certified in Logistics, Transportation and Distribution Exam Practice Test