Exam Code: CLTD
Exam Name: Certified in Logistics, Transportation and Distribution
Updated:
Q&As: 255
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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
Which of the following modes of transportation is characterized as having the highest fixed cost and lowest variable cost?
A. Air
B. Water
C. Rail
D. Pipeline
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):
A. general average.
B. specific license.
C. explicit license.
D. import license.
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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