CLTD Certified in Logistics, Transportation and Distribution Questions and Answers

A major retailer has informed a product manufacturer that they must take back all of their dunnage The manufacturer's major decision in implementing reverse logistics will most likely be to:

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?

When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?

Which of the following situations best describes when duty drawbacks can be granted?

While designing a logistics network, which of the following actions does a manager need to complete in order to identify the key logistics goals and perform benchmark analysis?

To prevent the importing of certain luxury good so that a country can use its hard currency on essential goods, governments can refuse to issue a(n)

When a logistics manager assigns workers to receive, store, and move goods into and out of warehouse, they are managing which of the following activities?

A manufacturer must consider the long-term effects of its products' impact on the environment. A key product design consideration is:

The international commercial document that serves as a quote to obtain a letter of credit or an import license is called a(n):

A company wishes to ship large quantities via ocean freight utilizing the entire vessel capacity. The most appropriate contract of carriage to use is a:

A company has prioritized customers A. B, and C. filling orders in that sequence. What are the impacts to customer service levels for customers B and C?

In addition to declaring the origin of goods, a certificate of origin is used to determine the:

Which of the following rules specifies whether the importer or exporter is responsible for insuring cargo?

What may be the cause if the value of inventory is greater than the value of the net working capital?

A corporation is redesigning its warehouse and has decided to use a rack system that allows each level to be accessed individually by placing pallets on wheeled frames. The rack system that best meets this criteria is:

A logistics manager is asked to perform a total cost analysis for the organization. Which of the following trade-offs is critical to consider?

An ocean carrier's goal of maximizing total revenue of the entire ship by offering very competitive rates that cover their variable costs and then increasing rates according to what the traffic will bear is referred to as:

One characteristic that could make it challenging for a foreign company to penetrate the United States (U S.) market is that the U.S. often has:

A company that distributes spare parts for the automobile industry must consider duty rates when deciding where to sell its products Duty rates are heavily influenced by: