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Logistics - Transportation and Distribution CLTD Try it now!
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CLTD PDF DEMO:
QUESTION NO: 1
When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?
A. Retention
B. Transfer
C. Mixed
D. Mitigation
Answer: C
QUESTION NO: 2
The scope of logistics includes transportation.
A. order processing, inventory carrying costs, and production output.
B. inventory carrying costs, warehousing, and cost management.
C. manufacturing, customer accommodation, and purchasing.
D. inventory carrying costs order processing, and warehousing.
Answer: B
QUESTION NO: 3
Which of the following prerequisites is essential in order to establish an effective order management system?
A. An ability to reserve inventory and determine a delivery date
B. An ability to understand customer needs
C. An ability to plan and build loads
D. An ability to receive, enter, and validate an orders
Answer: C
QUESTION NO: 4
An operations manager is concerned that the order-to-cash cycle for their largest customer is too long The manager is referring to the time that elapses from when the company receives an order from the customer until the:
A. customer processes payment.
B. warehouse is notified to ship the goods
C. customer receives that order in inventory
D. company receives payment.
Answer: C
QUESTION NO: 5
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. 5 million
B. 10 million
C. 15 million
D. 20 million
Answer: A
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Updated: May 28, 2022