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CLTD Certified in Logistics, Transportation and Distribution Questions and Answers

Questions 4

The primary factor that reduces the need for companies to improve transportation sustainability

Options:

A.

decreased time to implement regulations.

B.

reduced packaging dimensions.

C.

lower fuel prices.

D.

more efficient tractors.

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Questions 5

Which of the following terms of payment should an international purchasing manager use to guarantee that the shipment is made and the shipper gets paid for their product?

Options:

A.

Letter of credit

B.

Open account

C.

Sight draft

D.

Cash in advance

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Questions 6

A company has a line haul cost between Point A and Point B of $5 per mile. The distance between the two points is 750 miles. What is the cost per hundredweight (cwt) for a shipment weighing 45.000 pounds?

Options:

A.

$012

B.

$5 00

C.

$8.33

D.

$9.00

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Questions 7

Which of the following modes of transportation is typically associated with detention charges?

Options:

A.

Rail

B.

Water

C.

Pipeline

D.

Truck

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Questions 8

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

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Questions 9

The practice of carriers charging all of their customers more during the peak harvest season is a type of pricing known as:

Options:

A.

differential rates.

B.

incremental rates.

C.

distributive rates.

D.

commodity rates.

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Questions 10

In building a daily route schedule, which of the following factors provides the greatest challenge for a transportation manager?

Options:

A.

Random demand

B.

Fixed traffic patterns

C.

Data cleanup

D.

Customer base

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Questions 11

Random stocking can be greatly improved through the use of a(n):

Options:

A.

advanced planning system (APS).

B.

inventory management system (IMS).

C.

transportation management system (TMS).

D.

warehouse management system (WMS).

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Questions 12

Consignment inventory requires that manufacturers

Options:

A.

deliver their products to the consumer and payment from consumers is based on supply.

B.

stock their products on retail stores shelves and payment from consumers is based on forecast.

C.

deliver their products to the consumer and wait for payment until consumers requires to refill stock level.

D.

stock their products on retail stores shelves and wait for payment until consumers purchase the product.

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Questions 13

An ocean carrier's goal of maximizing total revenue of the entire ship by offering very competitive rates that cover their variable costs and then increasing rates according to what the traffic will bear is referred to as:

Options:

A.

any-quantity service rate.

B.

value of service rate.

C.

limited service rate.

D.

incentive rate.

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Questions 14

While designing a logistics network, which of the following actions does a manager need to complete in order to identify the key logistics goals and perform benchmark analysis?

Options:

A.

Define process steps

B.

Conduct a supply chain audit

C.

Examine network alternatives

D.

Complete a facility location study

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Questions 15

A motor carrier is in a dispute with a customer over who is responsible for unloading goods at the customer's location. Which of the following documents would be used to resolve the dispute?

Options:

A.

Freight bill

B.

Bill of lading (B/L)

C.

Routing guide

D.

Domestic terms of sale

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Questions 16

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.

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Questions 17

Higher throughput operations enable private warehouses to:

Options:

A.

spread out variable costs over large output volumes.

B.

spread out fixed costs over large output volumes.

C.

allocate total unit costs on the basis of traffic volume.

D.

accomplish better facility utilization with declining overheads.

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Questions 18

When determining the optimal logistics terminal location, one of the primary goals is to minimize:

Options:

A.

peddle time.

B.

stem miles.

C.

the number of pick-up locations.

D.

the size of customer shipments.

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Questions 19

A trucking company picks up a shipment and takes it to a terminal where it is consolidated with other shipments going to the same city This trucking company is most likely a:

Options:

A.

truckload (TL) carrier

B.

milk run provider

C.

less-than-truckload (LTL) carirer.

D.

private fleet carrier

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Questions 20

Which of the following order characteristics would make increased levels of inventory necessary?

Options:

A.

Speed

B.

Variability

C.

Cost

D.

Delivery

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Questions 21

If a firm is concerned with high duty rates, on which of the following criteria should it focus?

Options:

A.

Type of goods imported and their value

B.

Type of goods imported and their cost

C.

Type of goods exported and their value

D.

Type of goods exported and their cost

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Questions 22

Climate-controlled warehouses are typically used

Options:

A.

to assure operators can work in the best conditions.

B.

for storage of food items such as pasta and sugar.

C.

for storage of raw material used in aerospace industry.

D.

for storage of certain agricultural and medical products.

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Exam Code: CLTD
Exam Name: Certified in Logistics, Transportation and Distribution
Last Update: Nov 24, 2024
Questions: 150
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