CLTD practice questions 41–50

1. Question 41 · 152 in bank

   A supply chain manager would like to guard against potential shortage in their company's manufacturing capacity. Which of the following areas of supply chain risk should the manager pay most attention to?

   • ATechnical
   • BDemand
   • CProcess
   • DFinancial

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   Answer: A

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2. Question 42 · 152 in bank

   Which of the following forms of supply chain risk is considered the most disruptive?

   • ASupply
   • BProcess
   • CFinance
   • DEnvironment

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   Answer: D

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3. Question 43 · 152 in bank

   What is the primary value-added service that a company would receive from using land-bridge services?

   • AReduced risk
   • BReduced transit time
   • CIncreased reliability
   • DIncreased capacity

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   Answer: C

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4. Question 44 · 152 in bank

   A company would like to encourage shippers to partner on sustainability initiatives. Which of the following rates would best meet this objective?

   • ADensity
   • BIncentive
   • CDifferential
   • DBlanket

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   Answer: A

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5. Question 45 · 152 in bank

   Which of the following measures would a company use in attempting to improve its customer service dimension of dependability?

   • AOrder cycle time
   • BInquiry response time
   • COn-time delivery
   • DOrder agility

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   Answer: D

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6. Question 46 · 152 in bank

   A logistic team has developed new packaging for their best-selling product that reduces the packaging costs by 60% and the overall package size by 25%. The material can no longer be stacked on pallets and must be shipped and stored in non-stackable, returnable plastic bins. Which of the following statements bests represents the potential trade-offs of implementing this change?

   • AHigher labor costs, improved customer service, and no change in warehouse costs
   • BHigher labor costs, increase in warehouse costs, and an increase in transportation costs
   • CImproved customer service, increase in warehouse storage costs, and a decrease in transportation costs
   • DDecrease in warehouse costs, increase in transportation costs, and no change in customer service

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   Answer: D

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7. Question 47 · 152 in bank

   A company would like to implement a strategic initiative of enhancing its reverse logistics process. Which of the following statements best describes the profitability impact of such a strategy?

   • AMore profits due to higher return rate of customers
   • BMore profits due to larger volume of returned products
   • CLess profits due to increase in investment costs
   • DLess profits due to negative impact on brand image

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   Answer: A

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8. Question 48 · 152 in bank

   A developing country would like to improve its trade relations with Europe by updating its port infrastructure. Which international organization would help fund the project?

   • Athe bank for International Settlements
   • BThe World bank
   • CThe Central bank
   • DThe International Monetary Fund

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   Answer: B

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9. Question 49 · 152 in bank

   Excluding cost, which of the following sets of criteria describes the primary drivers for transportation mode selection?

   • ACapacity, transit time, reliability, safety, and supply chain security participation
   • BAccessibility, capacity, transit time, reliability, and financial stability
   • CAccessibility, capacity, transit time, reliability, and safety
   • DCapacity, transit time, safety, supply chain security participation, and availability

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   Answer: D

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10. Question 50 · 152 in bank

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

    • Aadvanced planning and scheduling (APS).
    • Bcollaborative planning, forecasting, and replenishment (CPFR).
    • Csales and operations planning (S&OP).
    • Ddistribution requirements planning (DRP).

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    Answer: A

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CLTD practice, question 41. 152 questions available.