CLTD Practice Exam Tests Latest Updated on Oct-2021
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How much CLTD Exam Cost
The price of the CLTD exam is $625 USD.
NEW QUESTION 23
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?
- A. The International Monetary Fund
- B. The Bank for International Settlements
- C. The World Bank
- D. The Central Bank
Answer: C
NEW QUESTION 24
A customer is looking to purchase product from a company. Which of the following outputs of outbound order management would the customer consider primary?
- A. Logistics operations responsiveness
- B. Order cycle time
- C. Postsale logistics support
- D. Product availability
Answer: A
NEW QUESTION 25
Procurement professionals are focused on the total cost of ownership (TCO) in their vendor selection strategies. This implies that:
- A. there is increased consideration of trade-offs among purchase price, quality, and vendor capability.
- B. procurement is decreasing its emphasis on the importance of vendor certification and audit programs.
- C. procurement is now increasingly charged with pushing back inventory to vendors.
- D. there is increased emphasis on procuring at the lowest purchase price possible.
Answer: B
NEW QUESTION 26
Which of the following statements best describes the primary objective of most warehouses'?
- A. Facilitate the movement of goods through the supply chain to the end consumer
- B. Provide additional storage to excess inventory and avoid its disposal
- C. Accurately reflect the company's working capital status
- D. Ensure that inventory levels are in accordance with the company's financial target
Answer: C
NEW QUESTION 27
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. 20 million
- B. 5 million
- C. 10 million
- D. 15 million
Answer: B
Explanation:
Explanation/Reference:
NEW QUESTION 28
When looking at an organization's logistics system, which of the following expenses is the single largest variable cost?
- A. Warehouse operations costs
- B. Supply management costs
- C. Transportation costs
- D. Inventory carrying costs
Answer: D
NEW QUESTION 29
In the economic utility function of logistics, logistics adds:
- A. possession and form utilities to products, while other activities add time and place utilities.
- B. possession and place utilities to products, while other activities add form and time utilities.
- C. place and time utilities to products, while other activities add form and possession utilities.
- D. form and time utilities to products, while other activities add place and possession utilities.
Answer: C
NEW QUESTION 30
A corporation is redesigning its warehouse and has decided to use a rack system that allows each level to be accesses individually by placing pallets on wheeled frames. The rack system that best meets this criteria is:
- A. double-deep
- B. drive-in
- C. push-back
- D. flow-through
Answer: B
NEW QUESTION 31
A carrier's costs are driven by equipment movement rather than shipment weight Which of the following rates would be most appropriate for the carrier to utilize in charging its customers?
- A. Freight all kind (FAK) rates
- B. Incentive rates
- C. Per-car and per-truckload rates
- D. Any-quantity rates
Answer: A
NEW QUESTION 32
A logistics manager seeks total integration of components that are essential to achieve stated objectives.
Which of the following frameworks would be best to implement?
- A. System concepts and analysis
- B. Total cost of ownership (TCO)
- C. Network inventory cost minimization
- D. Lean six sigma concepts
Answer: A
NEW QUESTION 33
A motor carrier is in a dispute with a customer over who is responsible for unloading for unloading goods at the customer's location.
Which of the following documents would be used to resolve the dispute?
- A. Bill of lading (B/L)
- B. Domestic terms of sale
- C. Routing guide
- D. Freight bill
Answer: B
NEW QUESTION 34
When looking at on organization's logistics system, which of the following expenses is the single largest variable cost?
- A. Warehouse operation costs
- B. Supply management costs
- C. transportation costs
- D. Inventory carrying costs
Answer: D
NEW QUESTION 35
An international organization has a pricing strategy that allows it to sell its product at different prices depending on the country where the product is sold.
Which of the following unintended consequences is a result of this strategy?
- A. Counterfeit products in the supply chain
- B. Gray market products in the supply chain
- C. Hostile takeover by a conglomerate
- D. Decrease in profits due to variable revenues
Answer: A
NEW QUESTION 36
Which of the following costs are the most intangible and subjective of all the carrying cost elements?
- A. Service cost
- B. Capital cost
- C. Storage cost
- D. Risk cost
Answer: B
Explanation:
Explanation
NEW QUESTION 37
The key factors in modal determination when comparing the trade-off between cost and service include:
- A. carner capacity and distance.
- B. distance and carrier rates.
- C. distance and load size.
- D. carrier rates and load size.
Answer: D
NEW QUESTION 38
Higher throughput operations enable private warehouses to:
- A. spread out fixed costs over large output volumes.
- B. accomplish better facility utilization with declining overheads.
- C. allocate total unit costs on the basis of traffic volume.
- D. spread out variable costs over large output volumes
Answer: B
NEW QUESTION 39
A tracking company picks up a shipment and takes it to a terminal where it is consolidated with over shipments going to the same city.
This trucking company is most likely a:
- A. truckload (TL) carrier
- B. less-than-truckload (LTL) carrier
- C. milk run provider
- D. private fleet carrier
Answer: A
NEW QUESTION 40
An operations manager is concerned that the order-to-cash cycle for their largest customer is too long The manager is referring to the time that elapses from when the company receives an order from the customer until the:
- A. company receives payment.
- B. warehouse is notified to ship the goods
- C. customer processes payment.
- D. customer receives that order in inventory
Answer: D
NEW QUESTION 41
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Knowledge Tested in CLTD
By and large, the CLTD validation is based on nine modules. You will need to demonstrate that you developed the following acumen:
- Managing the relationships with the customers and develop an effective order management strategy;
- Planning facilities and designing a logistics network design;
- Monitoring the warehouse processes, roles, and layout;
- Grasping how reverse logistics and sustainability influence the supply chain process.
- Balancing the demand management by understanding what the LTD capacity means and managing demands in an effective way;
- Discerning the regulations, documentation, infrastructure, and systems related to Global Logistics;
- Understanding how to manage the Logistics fundamental concepts and becoming able to develop a strategy within the supply chain process;
- Understanding how to use different methods and strategies for inventory management;
- Managing transportation and identifying different transportation modes;
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