Online Access Free CLTD Practice Test

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

When a logistics manager assigns workers to receive, store, and move goods into and out of warehouse, they are managing which of the following activities?

• A.Production management
• B.Physical distribution
• C.Materials handling
• D.Inventory management

A company has a line haul cost between Point A and Point B of $5 per mile. The distance between the two points is 750 miles. What is the cost per hundredweight (cwt) for a shipment weighing 45.000 pounds?

• A.$012
• B.$8.33
• C.$9.00
• D.$5 00

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.explicit license.
• B.import license.
• C.specific license.
• D.general average.

Which of the following types of benchmarking would a company utilize in order to determine why a significant gap exists in its order fill rates?

• A.Strategic benchmarking
• B.Product benchmarking
• C.Process benchmarking
• D.Performance benchmarking