APICS CLTD Exam Questions Free Practice Test

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Questions # 41:

A planning process specifically designed to balance demand and supply within an organization and arrive at a consensus forecast is known as:

Options:

advanced planning and scheduling (APS).

collaborative planning, forecasting, and replenishment (CPFR).

sales and operations planning (S&OP).

distribution requirements planning (DRP).

Questions # 42:

Which of the following port-related issues constitutes the greatest challenge when considering the use of post-panamax container ships?

Options:

Number of ships available

Available workforce

Railway connections

Bridge clearance

Questions # 43:

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

Options:

establish an international system of payment.

stabilize international currency exchange rates.

enforce free trade on a global basis.

create global free trade agreements.

Questions # 44:

A logistics manager is asked to perform a total cost analysis for the organization. Which of the following trade-offs is critical to consider?

Options:

Inventory carrying costs vs. production costs

Distribution costs vs.order processing costs

Transportation costs vs. inventory carrying costs

Landed costs vs.production costs

Questions # 45:

A transit privilege permits a shipper to:

Options:

enter a foreign/free trade zone (FTZ) to perform transportation services.

avoid paying tariffs to local authorities.

temporarily stop a shipment to physically transform products.

stop at any port of call without prior notification.

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