Pass the APICS Logistics - Transportation and Distribution CLTD Questions and answers with CertsForce

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Questions # 11:

An international organization has a pricing strategy that allows it to sell its product at different prices depending on the country where the product is sold. Which of the following unintended consequences is a result of this strategy?

Options:

A.

Counterfeit products in the supply chain


B.

Gray market products in the supply chain


C.

Hostile takeover by a conglomerate


D.

Decrease in profits due to variable revenues


Questions # 12:

A major retailer has informed a product manufacturer that they must take back all of their dunnage The manufacturer's major decision in implementing reverse logistics will most likely be to:

Options:

A.

manage the process internally or outsource to a third party.


B.

take back the dunnage or tell the retailer to destroy it all.


C.

reduce packaging materials to save money but risk more damage.


D.

increase the selling price to the retailer to cover increased costs.


Questions # 13:

A carrier's costs are driven by equipment movement rather than shipment weight Which of the following rates would be most appropriate for the carrier to utilize in charging its customers?

Options:

A.

Incentive rates


B.

Any-quantity rates


C.

Freight all kind (FAK) rates


D.

Per-car and per-truckload rates


Questions # 14:

As a means to protect domestic industries, which of the following requirements is an example of a non-trade barrier?

Options:

A.

Requesting a mandatory consular invoice


B.

Utilizing Convention on International Sale of Goods (CISG)


C.

Mandating compliance with triple bottom line (TBL)


D.

Demanding process efficiency


Questions # 15:

When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?

Options:

A.

Retention


B.

Transfer


C.

Mixed


D.

Mitigation


Questions # 16:

Under what circumstances should management generally consider utilizing qualitative forecasting techniques?

Options:

A.

When real-time data flow is available


B.

When historic data is both clear and relatively stable


C.

When developing strategic-level forecasts


D.

When demand is dependent on bill of material (BOM) calculations


Questions # 17:

What is the primary value-added service that a company would receive from using land-bridge services?

Options:

A.

Reduced risk


B.

Reduced transit time


C.

Increased reliability


D.

Increased capacity


Questions # 18:

Which of the following measures would a company use in attempting to improve its customer service dimension of dependability'?

Options:

A.

Order cycle time


B.

Inquiry response time


C.

On-time delivery


D.

Order agility


Questions # 19:

A company currently has a significantly long lead time in determining the disposition of returned products Which of the following nonprocedural areas should the company look into as it performs a root cause analysis?

Options:

A.

Financial department to see if the sales personnel are reluctant to charge the returns to sales


B.

Quality department to see if the process for determining disposition is inefficient


C.

Customer service department to see if they are taking a long time to address customer concerns


D.

Material handling department to see if it is taking excessive time to handle defective product


Questions # 20:

A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR). Which of the following statements best reflects one of the objectives of CPFR?

Options:

A.

It represents a sequence of business processes between consumers and retailers.


B.

It replaces traditional forecasting methods with a shared single forecast among trading partners.


C.

It represents a sequence of business processes within the manufacturing environment.


D.

It replaces traditional inventory management procedures with a vendor-managed inventory (VMI) system.


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