APICS cltd practice test

A warehouse manager is performing an ABC segmentation of the products in the warehouse Based
on the three items shown below, what is the correct warehouse segmentation for these items from
the warehouse manager's perspective?

• A. A = Product X, B = Product Z, C = Product Y
• B. A= Product Y, B = Product Z C = Product X
• C. A= Product Z, B = Product Y, C = Product X
• D. A = Product Z, B = Product X. C = Product Y

A company calculating shipping volume in unit load device containers is focusing on which mode of
transportation'?

• A. Trucking
• B. Ocean shipping
• C. Air freight
• D. Barges

A logistics manager is asked to perform a total cost analysis for the organization. Which of the
following trade-offs is critical to consider?

• A. Inventory carrying costs vs. production costs
• B. Distribution costs vs. order processing costs
• C. Transportation costs vs. inventory carrying costs
• D. Landed costs vs. production costs

Which of the following ships are specifically designed to carry ISO shipping containers?

• A. Break-bulk freighter
• B. Roll-on/roll-off (RORO) vessel
• C. Dry-bulk freighter
• D. Cellular vessel

An American company that ships bulk product manufactured in Asia and sold in Europe may consider
which of the following intermodal practices to help minimize total transportation costs?

• A. Rail bridge
• B. Last mile delivery
• C. Landway
• D. Land bridge

One characteristic that could make it challenging for a foreign company to penetrate the United
States (U S.) market is that the U.S. often has:

• A. refused to cooperate on sustainability initiatives.
• B. adopted multiple standards that are state specific.
• C. eliminated all foreign/free trade zones (FTZs) outside of sea ports.
• D. followed Customs Trade Partnership Against Terrorism (C-TPAT) rules.

Which of the following port-related issues constitutes the greatest challenge when considering the
use of post-panamax container ships?

• A. Number of ships available
• B. Available workforce
• C. Railway connections
• D. Bridge clearance

A transit privilege permits a shipper to:

• A. enter a foreign/free trade zone (FTZ) to perform transportation services.
• B. avoid paying tariffs to local authorities.
• C. temporarily stop a shipment to physically transform products.
• D. stop at any port of call without prior notification.

A logistics company operates 10 distribution centers in China totaling 20 million square meters of
floor space Based on the typical utilization factors, how many total square meters are devoted to
storage?

• A. 5 million
• B. 10 million
• C. 15 million
• D. 20 million

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

• A. decreased time to implement regulations.
• B. reduced packaging dimensions.
• C. lower fuel prices.
• D. more efficient tractors.

Triple bottom line (TBL) refers to balancing the following impacts:

• A. economic, social, and environmental.
• B. environmental, ecological, and ethical.
• C. social environmental, and regulatory.
• D. financial, economic, and social.

Which of the following situations best describes when duty drawbacks can be granted?

• A. A manufacturer minimally transforms imports, making products that are then exported.
• B. A distributor resells imported products.
• C. All of the raw materials are imported a product is created, and then sold domestically.
• D. An exported product has significant domestic content.

As a means to protect domestic industries, which of the following requirements is an example of a
non-trade barrier?

• 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

Which of following statements best describes the relationship between order cycle time and
inventory?

• A. The shorter the order cycle length, the more inventory is required to be held
• B. The shorter the order cycle length, the less inventory is required to be held
• C. The longer the order cycle length, the less inventory is required to be held
• D. The changes made to the order cycle has little/no impact on inventory levels

Which of the following inventory cost elements is the most difficult to quantify?

• A. Unit cost
• B. Cost of reordering
• C. Carrying cost
• D. Shortage cost