Valid CLTD Exam Q&A PDF CLTD Dump is Ready (Updated 150 Questions)
Exam Questions and Answers for CLTD Study Guide
NEW QUESTION 60
An organization concentrating its efforts on meeting the internal performance standards related to availability, operational performance, and reliability has focused on which of the following aspects of the customer relationship?
- A. Customer success
- B. Customer service
- C. Customer satisfaction
- D. Customer loyalty
Answer: C
NEW QUESTION 61
When looking at on organization's logistics system, which of the following expenses is the single largest variable cost?
- A. Warehouse operation costs
- B. Inventory carrying costs
- C. Supply management costs
- D. transportation costs
Answer: B
NEW QUESTION 62
Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a(n):
- A. acquisition
- B. joint venture
- C. strategic alliance
- D. internal function
Answer: B
NEW QUESTION 63
The task that best describes the value proposition offered by freight forwarders is that they:
- A. consolidate shipments from various customers and offer lower transportation rates.
- B. act as agents for domestic firms in international markets, primarily obtaining orders for their clients' products.
- C. export goods and services and locates overseas buyers on their clients' behalf.
- D. operate under power of attorney from the shipper to pay all import duties and are ultimately liable for unpaid duties.
Answer: B
NEW QUESTION 64
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?
- A. Higher labor costs, increase in warehouse costs, and an increase in transportation costs
- B. Decrease in warehouse costs, increase in transportation costs, and no change in customer service
- C. Higher labor costs, improved customer service, and no change in warehouse costs
- D. Improved customer service, increase in warehouse storage costs, and a decrease in transportation costs
Answer: B
NEW QUESTION 65
A company finds itself constantly expediting its customer's retail store deliveries in order to prevent stock-outs. The best solution to this problem is to;
- A. balance the supply of inventory with the demand.
- B. minimize the inventory risk of product obsolescence.
- C. carry additional inventory to satisfy customers' demand.
- D. increase inventory turns to the highest possible value.
Answer: D
NEW QUESTION 66
Which Incoterm ® applies only to ocean transportation where the exporter is responsible to bring the goods to the port?
- A. Free on board (FOB)
- B. Free alongside ship (FAS)
- C. Delivered at place (DAP)
- D. Ex works (EXW)
Answer: B
NEW QUESTION 67
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 World Bank
- B. The Bank for International Settlements
- C. The International Monetary Fund
- D. The Central Bank
Answer: A
NEW QUESTION 68
A logistics service provider has an average on-time delivery of 30%, and average correct documentation of
30%. Which of the following values represents the probability that the next delivery would be on-time, damage free, and with correct documentation?
- A. 3%
- B. 30%
- C. 90%
- D. 0%
Answer: C
NEW QUESTION 69
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. place and time utilities to products, while other activities add form and possession utilities.
- C. form and time utilities to products, while other activities add place and possession utilities.
- D. possession and place utilities to products, while other activities add form and time utilities.
Answer: B
NEW QUESTION 70
In addition to order placement and order processing, which of the following steps are part of the order management process?
- A. Order preparation and loading and order delivery
- B. Order transit time and customer receiving
- C. Order transit time and order returns
- D. Order preparation and loading and order picking
Answer: A
NEW QUESTION 71
When looking at on organization's logistics system, which of the following expenses is the single largest variable cost?
- A. Inventory carrying costs
- B. Supply management costs
- C. Warehouse operations costs
- D. transportation costs
Answer: A
NEW QUESTION 72
A major retailer has informed a product manufacturer that they must take back all of their dunnage. The manufacturer's major decision in implementing reverse logistics will most likely be to:
- A. increase the selling price to the retailer to cover increased costs.
- B. manage the process internally or outsource to a third party.
- C. reduce packaging materials to save money but risk more damage.
- D. take back the dunnage or tell the retailer to destroy it all.
Answer: B
NEW QUESTION 73
A transportation manager is interested in selecting the optimal mode of transportation based on 3 key criteria:
speed, availability, and dependability.
Which of the following modes best meets the criteria?
- A. truck and air
- B. Air and rail
- C. Air and ocean
- D. Truck and rail
Answer: B
NEW QUESTION 74
The primary factor that reduces the need for companies to improve transportation sustainability is:
- A. decreased time to implement regulations.
- B. lower fuel prices.
- C. more efficient tractors.
- D. reduced packaging dimensions.
Answer: A
NEW QUESTION 75
Excluding cost, which of the following sets of criteria describes the primary drivers for transportation mode selection?
- A. Accessibility, capacity, transit time, reliability, and financial stability
- B. Capacity, transit time, safety, supply chain security participation, and availability
- C. Accessibility, capacity, transit time, reliability, and safety
- D. Capacity, transit time, reliability, safety, and supply chain security participation
Answer: B
NEW QUESTION 76
A carrier receives damaged goods. What actions best describes what the carrier should do so that it is not liable for the damages?
- A. Make an exception note on B/L from clean to uniform.
- B. Make an exception note on B/L from clean to soiled.
- C. Reject the B/L.
- D. Rewrite the bill of lading (B/L).
Answer: D
NEW QUESTION 77
Which of the following costs represents an example of a fixed cost in the motor carrier industry?
- A. Maintenance
- B. Fuel
- C. Terminals
- D. Vehicle registration
Answer: D
NEW QUESTION 78
When determining the optimal logistics terminal location, one of the primary goals is to minimize:
- A. peddle time.
- B. the number of pick-up locations.
- C. the size of customer shipments.
- D. stem miles.
Answer: B
NEW QUESTION 79
The primary factor that reduces the need for companies to improve transportation sustainability is:
- A. decreased time to implement regulations.
- B. lower fuel prices.
- C. more efficient tractors.
- D. reduced packaging dimensions.
Answer: A
Explanation:
Explanation/Reference:
NEW QUESTION 80
Major retailers place pressure on a manufacturer of liquid laundry products made with water to reduce the amount of water content by half. While the result will bring savings in almost every area, where should the manufactures focus this green initiative improvement effort?
- A. Transportation mode selection
- B. Packaging
- C. Product design
- D. Material handling
Answer: C
NEW QUESTION 81
Which of the following port-related issues constitutes the greatest challenge when considering the use of post-panamax container ships?
- A. Available workforce
- B. Railway connections
- C. Number of ships available
- D. Bridge clearance
Answer: D
NEW QUESTION 82
In addition to declaring the origin of goods, a certificate of origin is used to determine the:
- A. export declaration
- B. cost of transportation
- C. applied tariff
- D. standard cost
Answer: A
NEW QUESTION 83
Compared to a centralized distribution network strategy, an organization using a decentralized distribution network strategy can usually expect:
- A. lower cost of transportation and lower warehousing cost.
- B. higher cost of transportation and lower warehousing cost.
- C. lower cost of lost sales and higher inventory cost
- D. higher cost of lost sales and higher inventory cost.
Answer: A
NEW QUESTION 84
To prevent the importing of certain luxury good so that a country can use its hard currency on essential goods, governments can refuse to issue a(n):
- A. import license.
- B. specific license.
- C. general average.
- D. explicit license.
Answer: D
NEW QUESTION 85
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