Practice CLTD Exam Online

Question 1

Which of the following attributes best represents how an organization regards the relationship between the cost of lost sales and inventory costs?

A : Willingness to spend increasing amounts on inventory to decrease lost sales at a greater rate

B : Willingness to spend increasing amounts on inventory but expect only minor changes in lost sales

C : Unwillingness to spend increasing amounts on inventory because they see no correlation between inventory costs and the cost of lost sales

D : Unwillingness to spend increasing amounts on inventory even though they understand that an inverse relationship exists between inventory costs and the cost of lost sales

Answer: C

Question 2

Which of the following items undermines the attempts to simplify transportation pricing?

A : rate-basis numbers

B : Class rate

C : Commodity rate

D : Incentive rate

Answer: A

Question 3

A firm offers their customers shorter order cycle times and increased product variety. Generally, this action would have which of the following impacts on total logistics costs?

A : Increases total logistics costs

B : Reduces total logistics costs

C : Has no impact on total logistics costs

D : Only affects service levels, not costs

Answer: C

Question 4

Which of the following prerequisites is essential in order to establish an effective order management system?

A : An ability to reserve inventory and determine a delivery date

B : An ability to understand customer needs

C : An ability to plan and build loads

D : An ability to receive, enter, and validate an orders

Answer: C

Question 5

Which of the following categories is a weakness of the rail systems?

A : Safety records

B : Inflexible infrastructures

C : Effects of the weather

D : Routes from city centers

Answer: D

Name:	Certified in Logistics, Transportation and Distribution
Exam Code:	CLTD
Certification:	Logistics - Transportation and Distribution
Vendor:	APICS
Total Questions:	265
Last Updated:	Apr 22, 2024

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