APICS CLTD Exam Questions Instant Access - No Installation Required

Question 1

Which of the following activities best describes the functionality of decoupling stock within firms' inventory systems?

ASeparation of the manufacturing process from order processing

BSeparation of the manufacturing process from the selling process

CMaintaining inventory to accommodate uncertainty in demand at different geographical positions

DMaintaining inventory at a central location for all stages of the value-creation process

Answer : A

Question 2

Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a(n):

Astrategic alliance.

Bjoint venture.

Cacquisition.

Dinternal function.

Answer : B

Question 3

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

AWorld Trade Organization (WTO) rule

BLloyds of London rule

CIncoterms rule

DShipper's rule

Answer : A

Question 4

A non-profit transportation membership cooperative that arranges for the domestic or international shipment of member's cargo over any mode of transportation is known as a(n):

Afreight bureau.

Bfreight broker association.

Cshippers association.

Dintegrated service provider.

Answer : C

Question 5

A company would like to implement a strategic initiative of enhancing its reverse logistics process. Which of the following statements best describes the profitability impact of such a strategy?

AMore profits due to higher return rate of customers

BMore profits due to larger volume of returned products

CLess profits due to increase in investment costs

DLess profits due to negative impact on brand image

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

Which of the following strategies would a logistics manager most likely choose in order to reduce transportation cost?

AOutsourcing

BConsolidating shipments

CEngaging in a third-party logistics (3PL) partnership

DRelying on multiple shipments

Answer : D

APICS Certified in Logistics, Transportation and Distribution CLTD Exam Questions