CLTD practice questions 111–120

1. Question 111 · 152 in bank

   Airfreight companies often use dimensional (dim) weight to cost out shipments because of which of the following attributes of the product?

   • ADensity
   • BHeight
   • CWeight
   • DValue

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   Answer: C

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2. Question 112 · 152 in bank

   The task that best describes the value proposition offered by freight forwarders is that they:

   • Aact as agents for domestic firms in international markets, primarily obtaining orders for their clients' products.
   • Bexport goods and services and locates overseas buyers on their clients' behalf.
   • Cconsolidate shipments from various customers and offer lower transportation rates.
   • Doperate under power of attorney from the shipper to pay all import duties and are ultimately liable for unpaid duties.

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   Answer: A

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3. Question 113 · 152 in bank

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

   • ARail
   • BWater
   • CPipeline
   • DTruck

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   Answer: B

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4. Question 114 · 152 in bank

   A service organization is planning to enter into a foreign market and is willing to share its intangible assets. These assets include process expertise, training, and methods of operations. Which of the following entry methods is most suitable for this organization?

   • ALicensing
   • BJoint venture
   • CPartnering
   • DFranchising

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   Answer: C

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5. Question 115 · 152 in bank

   Which of the following is a speculative risk that an exporter should consider when deciding the currency to use to complete the transaction with an importer?

   • AExchange rate fluctuation
   • BCurrency convertibility
   • CTranslation
   • DGovernment control on import payment

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   Answer: C

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6. Question 116 · 152 in bank

   The most important reason for an organization to consider a logistics network redesign is the change in:

   • Atransportation rates.
   • Braw material costs.
   • Clabor costs or availability.
   • Dthe location of demand.

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   Answer: B

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7. Question 117 · 152 in bank

   A supply chain manager is developing a strategy to improve their organization’s environment sustainability and will begin including the triple bottom line (TBL) as a key performance metric. Which of the following components are included in the TBL?

   • AIntegrated, profitable, and lean
   • BFinancial, profit-oriented, and social
   • CEconomic, environmental, and social
   • DSupply chain visibility, environmental, and profitable

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   Answer: D

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8. Question 118 · 152 in bank

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

   • AWillingness to spend increasing amounts on inventory to decrease lost sales at a greater rate
   • BWillingness to spend increasing amounts on inventory but expect only minor changes in lost sales
   • CUnwillingness to spend increasing amounts on inventory because they see no correlation between inventory costs and the cost of lost sales
   • DUnwillingness to spend increasing amounts on inventory even though they understand that an inverse relationship exists between inventory costs and the cost of lost sales

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   Answer: C

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9. Question 119 · 152 in bank

   A third-party logistics (3PL) provider is planning an expansion of its transportation-based services. Which of the following services is the 3PL likely to offer as part of this expansion?

   • APool distribution
   • BInventory management
   • CCross-docking
   • DCustoms brokerage

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   Answer: C

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10. Question 120 · 152 in bank

    Given the data below, calculate the picking efficiency for a team that picked 8,700 lines today.

    

    • A84%
    • B90.6%
    • C96.6%
    • D103.6%

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    Answer: A

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CLTD practice, question 111. 152 questions available.