CLTD practice questions 131–140

1. Question 131 · 152 in bank

   Which of the following conditions when met, economically justifies the addition of new warehouse facilities?

   • ACost of warehousing and local delivery is greater than cost of direct shipment to the customers
   • BCost of warehousing and local delivery is less than cost of direct shipment to the customers
   • CCost of warehousing is greater than cost of local delivery
   • DCost of warehousing is less than cost of local delivery

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   Answer: A

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2. Question 132 · 152 in bank

   Which of the following statements best illustrates the logistics value proposition?

   • AIt is based on cost minimization or revenue maximization.
   • BIt primarily involves transportation, planning, and execution.
   • CIt integrates operational components to minimize total cost and maximize revenue.
   • DIt includes procurement, manufacturing, and facility network design.

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   Answer: D

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3. Question 133 · 152 in bank

   What is the overall performance of a logistics provider with the following metrics?

   

   • A98%
   • B93%
   • C87%
   • D75%

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   Answer: C

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4. Question 134 · 152 in bank

   From a strategic customer relationship management (CRM) perspective, a company should strive to:

   • Anot refuse to do business with a customer.
   • Bprovide customer intimacy to all customers.
   • Crealize that the same approach may be inappropriate for all customers.
   • Drealize that all customers desire close relationships with the company.

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   Answer: D

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5. Question 135 · 152 in bank

   Of the different site selection modeling techniques available, this solution uses mathematical procedures guaranteed to find the best solution, given the mathematical definition of the problem being evaluated.

   • AHeuristic
   • BOptimization
   • CSimulation
   • DNetwork Factorization

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   Answer: C

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6. Question 136 · 152 in bank

   By international convention, each vessel engaged in international trade would typically:

   • Abe insured by the World Trade Organization.
   • Bfly the flag of the country in which the cargo is registered.
   • Cfly the flag of the country in which the vessel is registered.
   • Dbe registered in the country where the cargo is being shipped.

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   Answer: A

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7. Question 137 · 152 in bank

   Which of the following operations involve goods that flow from receiving to shipping with minimum interim sorting eliminating storage and order picking?

   • Aspot-stocking.
   • Bcross-docking.
   • Cjust in time (JIT).
   • Dflow-through.

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   Answer: C

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8. Question 138 · 152 in bank

   In a supply chain management context, the role of logistics in supporting product promotions is to:

   • Atrack promotional spending to verify the return on investment (ROI).
   • Bmanage the forecast to adjust seasonal demand from the original forecast.
   • Chave product in the correct places in the supply chain to fulfill demand.
   • Dhave enough raw materials in stock to quickly respond to increased manufacturing.

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   Answer: A

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9. Question 139 · 152 in bank

   A bunker adjustment factor is a freight charge for the cost of which of the following components?

   • AFuel
   • BYard movement
   • CCurrency
   • DChassis

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   Answer: C

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10. Question 140 · 152 in bank

    A company is trying to ship a product which weighs 150 pounds with a density of 15.7 pounds per cubic foot. Using the carriers rate schedule below, what is the shipping cost?

    

    • A$8
    • B$10
    • C$12
    • D$18

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    Answer: B

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CLTD practice, question 131. 152 questions available.