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Certified in Logistics, Transportation and Distribution

Last Update Dec 3, 2024
Total Questions : 150

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Certified in Logistics, Transportation and Distribution Questions and Answers

Questions 1

A corporation is projecting annual sales at S35 million, cost of goods sold (COGS) at S25 million, and administrative expenses at $3 million. In order to meet its corporate inventory turns goal of 5.0, their inventory level must average:

Options:

A.

$4.4 million.

B.

$5 million.

C.

$7 million.

D.

$7.6 million.

Questions 2

Airfreight companies often use dimensional (dim) weight to cost out shipments because of which of the following attributes of the product?

Options:

A.

Density

B.

Height

C.

Weight

D.

Value

Questions 3

An oil and gas company needs to ship petrol 1.000 miles from the port of entry to an inland refinery. Which of the following modes of transportation provides the best long-term, cost-efficient solution?

Options:

A.

Rail

B.

Trucking

C.

Pipeline

D.

Barge