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APICS CLTD Exam Practice Questions (P. 5)

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Question #41
A supply chain manager would like to guard against potential shortage in their company's manufacturing capacity. Which of the following areas of supply chain risk should the manager pay most attention to?
  1. A
    Technical
  2. B
    Demand
  3. C
    Process
  4. D
    Financial

Correct Answer:
A

Question #42
Which of the following forms of supply chain risk is considered the most disruptive?
  1. A
    Supply
  2. B
    Process
  3. C
    Finance
  4. D
    Environment

Correct Answer:
D

Question #43
What is the primary value-added service that a company would receive from using land-bridge services?
  1. A
    Reduced risk
  2. B
    Reduced transit time
  3. C
    Increased reliability
  4. D
    Increased capacity

Correct Answer:
C

Question #44
A company would like to encourage shippers to partner on sustainability initiatives. Which of the following rates would best meet this objective?
  1. A
    Density
  2. B
    Incentive
  3. C
    Differential
  4. D
    Blanket

Correct Answer:
A

Question #45
Which of the following measures would a company use in attempting to improve its customer service dimension of dependability?
  1. A
    Order cycle time
  2. B
    Inquiry response time
  3. C
    On-time delivery
  4. D
    Order agility

Correct Answer:
D

Question #46
A logistic team has developed new packaging for their best-selling product that reduces the packaging costs by 60% and the overall package size by 25%. The material can no longer be stacked on pallets and must be shipped and stored in non-stackable, returnable plastic bins.
Which of the following statements bests represents the potential trade-offs of implementing this change?
  1. A
    Higher labor costs, improved customer service, and no change in warehouse costs
  2. B
    Higher labor costs, increase in warehouse costs, and an increase in transportation costs
  3. C
    Improved customer service, increase in warehouse storage costs, and a decrease in transportation costs
  4. D
    Decrease in warehouse costs, increase in transportation costs, and no change in customer service

Correct Answer:
D

Question #47
A company would like to implement a strategic initiative of enhancing its reverse logistics process. Which of the following statements best describes the profitability impact of such a strategy?
  1. A
    More profits due to higher return rate of customers
  2. B
    More profits due to larger volume of returned products
  3. C
    Less profits due to increase in investment costs
  4. D
    Less profits due to negative impact on brand image

Correct Answer:
A

Question #48
A developing country would like to improve its trade relations with Europe by updating its port infrastructure. Which international organization would help fund the project?
  1. A
    the bank for International Settlements
  2. B
    The World bank
  3. C
    The Central bank
  4. D
    The International Monetary Fund

Correct Answer:
B

Question #49
Excluding cost, which of the following sets of criteria describes the primary drivers for transportation mode selection?
  1. A
    Capacity, transit time, reliability, safety, and supply chain security participation
  2. B
    Accessibility, capacity, transit time, reliability, and financial stability
  3. C
    Accessibility, capacity, transit time, reliability, and safety
  4. D
    Capacity, transit time, safety, supply chain security participation, and availability

Correct Answer:
D

Question #50
A planning process specifically designed to balance demand and supply within an organization and arrive at a consensus forecast is known as:
  1. A
    advanced planning and scheduling (APS).
  2. B
    collaborative planning, forecasting, and replenishment (CPFR).
  3. C
    sales and operations planning (S&OP).
  4. D
    distribution requirements planning (DRP).

Correct Answer:
A

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