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

An oil and gas company needs to ship petrol 1.000 miles from the port of entry to an inland refinery. Which of the following modes of transportation provides the best long-term, cost-efficient solution?

ARail

BTrucking

CPipeline

DBarge

Answer : C

Question 7

In an effort to increase their customer service levels and reduce order cycle time, a company is considering adding two additional warehouses to their overall operations. As a result, which of the of the following statements best reflects the cost impact of the additional warehouses?

ALower inventory costs and higher facility costs

BHigher inventory costs and lower facility costs

CHigher inventory costs and higher inbound transportation costs

DLower inventory costs and lower inbound transportation costs

Answer : A

APICS Certified in Logistics, Transportation and Distribution Exam Practice Test