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All CLTD Test Inside APICS Questions

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Question 12

Consignment inventory requires that manufacturers

Options:

A.

deliver their products to the consumer and payment from consumers is based on supply.

B.

stock their products on retail stores shelves and payment from consumers is based on forecast.

C.

deliver their products to the consumer and wait for payment until consumers requires to refill stock level.

D.

stock their products on retail stores shelves and wait for payment until consumers purchase the product.

Question 13

A company would like to encourage shippers to partner on sustainability initiatives Which of the following rates would best meet this objective?

Options:

A.

Density

B.

Incentive

C.

Differential

D.

Blanket

Question 14

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

Options:

A.

United Nations (UN)

B.

European Union (EU)

C.

Organization of Petroleum Exporting Countries (OPEC)

D.

North Atlantic Treaty Organization (NATO)

Question 15

A company would like to eliminate unnecessary returns and/or minimize handling It designs a process to check and screen merchandise at the entry point into the organization This is an example of:

Options:

A.

defect reduction.

B.

avoidance.

C.

gatekeeping.

D.

asset recovery.

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Changed CLTD Exam Questions, All CLTD Test Inside APICS Questions, Download Full Version CLTD APICS Exam, APICS Logistics - Transportation and Distribution CLTD New Questions,
Exam Code: CLTD
Exam Name: Certified in Logistics, Transportation and Distribution
Last Update: Nov 21, 2024
Questions: 150
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