Free Access APICS.CLTD.v2022-03-09.q76 Practice Test (Page 2)

Question 1

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

A.social, environmental, and regulatory.

B.environmental, ecological, and ethical.

C.economic, social, and environmental.

D.financial, economic, and social.

Question 2

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.10 million

C.15 million

D.5 million

Question 3

Stockout frequency refers to:

A.the percentage of days in which inventory necessary to meet customer orders is missing.

B.the probability that a firm will not have inventory available to meet customer orders.

C.a single event where a firm will not have inventory available to meet customer orders.

D.the cost of sales that a firm will have when insufficient inventory is available to meet customer orders.

Question 4

A logistics 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.Higher labor costs, improved customer service, and no change in warehouse costs

C.Improved customer service, increase in warehouse storage costs, and a decrease in transportation costs

D.Decrease in warehouse costs increase in transportation costs, and no change in customer service

Question 5

Higher throughput operations enable private warehouses to:

A.accomplish better facility utilization with declining overheads.

B.spread out fixed costs over large output volumes.

C.allocate total unit costs on the basis of traffic volume.

D.spread out variable costs over large output volumes

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