APICS CLTD Exam Practice Test Instant Access

Question 1

Which of the following types of benchmarking would a company utilize in order to determine why a significant gap exists in its order fill rates?

APerformance benchmarking

BProcess benchmarking

CProduct benchmarking

DStrategic benchmarking

Answer : B

Question 2

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?

A0%

B3%

C30%

D90%

Answer : D

Question 3

Which of the following factors would be considered of strategic importance to a firm's logistics function?

AA firm operates in a competitive oligopoly

BTotal cost of production

CProduction lead time

DOrder cycle time

Answer : A

Question 4

Procurement professionals are focused on the total cost of ownership (TCO) in their vendor selection strategies. This implies that:

Aprocurement is now increasingly charged with pushing back inventory to vendors.

Bthere is increased consideration of trade-offs among purchase price, quality, and vendor capability.

Cprocurement is decreasing its emphasis on the importance of vendor certification and audit programs.

Dthere is increased emphasis on procuring at the lowest purchase price possible.

Answer : C

Question 5

A company wants to minimize tariff costs while avoiding the need to file for duty drawback. Which of the following practices would best achieve this objective?

AAdopt Customs Trade Partnerships Against Terrorism (C-TPAT) rules

BUse foreign/free trade zones (FTZs)

CUse an international third-party logistics (3PL) provider

DShip by free on board (FOB) terms

Answer : D

Question 6

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

Asupply chain visibility.

Bsimultaneous consideration of resources.

Dresource utilization.

Doverall asset utilization.

Answer : A

Question 7

Which of the following terms refer to the contract leasing of an airplane where only the equipment, maintenance, and insurance are included?

AWet lease

BDry lease

CDamp lease

DACMI lease

Answer : A

APICS CLTD Certified in Logistics, Transportation and Distribution Exam Practice Test