Free Access APICS.CLTD.v2022-03-09.q76 Practice Test (Page 6)

Question 21

When looking at on 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

Question 22

When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?

A.Mitigation

B.Mixed

C.Retention

D.Transfer

Question 23

A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR).
Which of the following statements best reflects one of the objectives of CPFR?

A.It replaces traditional inventory management procedures with a vendor-managed (VMI) system.

B.It represents a sequence of business processes between consumers and retailers.

C.It replaces traditional forecasting methods with a shared single forecast among trading partners.

D.It represents a sequence of business processes within the manufacturing environment.

Question 24

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

Question 25

Which of the following groups was formed for the purpose of eliminating the trade barriers among its members?

A.North Atlantic Treaty Organization (NATO)

B.European Union (EU)

C.Organization of Petroleum Exporting Countries (OPEC)

D.United nations (UN)

Other Version: 100APICS.Examcollectionpass.CLTD.v2022-01-29.by.heather.69q.pdf

Latest Upload: 105OCEG.GRCP.v2025-09-11.q211; 105HP.HPE0-V27.v2025-09-11.q78; 119Oracle.1Z0-1057-23.v2025-09-10.q47; 153Google.Professional-Cloud-Network-Engineer.v2025-09-09.q179; 133SAP.C-S4EWM-2023.v2025-09-08.q83; 168TheSecOpsGroup.CNSP.v2025-09-08.q20; 233CFAInstitute.ESG-Investing.v2025-09-08.q173; 215PECB.ISO-IEC-27001-Lead-Implementer.v2025-09-06.q132; 154Salesforce.Data-Architect.v2025-09-05.q216; 148Adobe.AD0-E605.v2025-09-05.q50

Question 21

Question 22

Question 23

Question 24

Question 25

Download PDF File