Exam Code: CLTD
Exam Name: Certified in Logistics, Transportation and Distribution
Updated:
Q&As: 150
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When determining the optimal logistics terminal location, one of the primary goals is to minimize:
A. peddle time
B. stem miles
C. the number of pick-up locations
D. the size of customer shipments
Given the data below, calculate the reorder point (ROP).
Average daily demand = 30 units/day Lead time = 4 days Safety stock = 20
A. 30 units
B. 8 units
C. 120 units
D. 140 units
Procurement professional are focused on the total cost of ownership (TCO) in their vendor selection strategies. This implies that:
A. procurement is now increasingly charged with pushing back inventory to vendors.
B. there is increased consideration of trade-offs among purchase price, quality, and vendor capability.
C. procurement is decreasing its emphasis on the importance of vendor certification and audit programs.
D. there is increased emphasis on procuring at the lowest purchase price possible.
A trucking company purchased a tractor-trailer for $150,000 to support its short-haul business. The tractor-trailer will be in service for 5 years before it will be sold at $55,000.
With annual fuel costs estimated at $12,000, what is the annual depreciation for the vehicle?
A. $7,000
B. $11,000
C. $19,000
D. $30,000
A company that utilizes barges as a major mode of transportation would typically navigate in:
A. global maritime routes
B. land bridges
C. inland waterways
D. intermodal transportation
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