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CLTD PDF DEMO:
QUESTION NO: 1
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. Incentive rates
B. Any-quantity rates
C. Freight all kind (FAK) rates
D. Per-car and per-truckload rates
Answer: C
QUESTION NO: 2
Which of the following outcomes is a potential advantage of operating an efficient reverse logistics process?
A. Provides competitive differentiation
B. Enables visibility throughout the supply chain
C. Improves the product life cycle
D. Reduces transportation costs
Answer: A
QUESTION NO: 3
The practice of carriers charging all of their customers more during the peak harvest season is a type of pricing known as:
A. differential rates.
B. incremental rates.
C. distributive rates.
D. commodity rates.
Answer: D
QUESTION NO: 4
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. Inventory carrying costs vs. production costs
B. Distribution costs vs. order processing costs
C. Transportation costs vs. inventory carrying costs
D. Landed costs vs. production costs
Answer: C
QUESTION NO: 5
Which of the following costs are the most intangible and subjective of all the carrying cost elements'?
A. Risk cost
B. Storage cost
C. Service cost
D. Capital cost
Answer: D
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Updated: May 28, 2022