Exam 1: Certification in Logistics, Transportation and Distribution

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

Which of the following terms refer to the contract leasing of an airplane where only the equipment, maintenance, and insurance are include?

Which of the following measures would a company use in attempting to improve its customer service dimension of dependability?

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?

When importing goods such as fruit and produce into the United States (U.S.), which government agency is responsible for protecting agriculture from harmful pests and diseases?

Which of the following terms of payment should an international purchasing manager use to guarantee that the shipment is made and the shipper gets paid for their product?

Which of the following facility location techniques is equivalent to a break-even point?

An oil and gas company needs to ship petrol 1,000 miles from the port on entry to an inland refinery. Which of the following modes of transportation provides the best long-term, cost-efficient solution?

A logistics manager seeks total integration of components that are essential to achieve stated objectives. Which of the following frameworks would be best to implement?

A restriction that can be classified as a non-tariff barrier would be a(n):

In a retail firm's implementation of vendor-managed inventory (VMI), what trading partners are responsible for setting target inventory levels and making restocking decisions?

Which of the following statements best reflects the intent of a shipper and a carrier who are negotiating a contract utilizing the integrative bargaining technique?

The practice of carriers charging all of their customers more during the peak harvest season is a type of pricing known as:

A firm offers their customers shorter order cycle times and increased product variety. Generally, this action would have which of the following impacts on total logistics costs?

A motor carrier is in a dispute with a customer over who is responsible for unloading for unloading goods at the customer's location. Which of the following documents would be used to resolve the dispute?

An international organization has a pricing strategy that allows it to sell its product at different prices depending on the country where the product is sold. Which of the following unintended consequences is a result of this strategy?

A company setting up a warehouse wants to maintain a first in, first out (FIFO) stock rotation. Which of the following storage systems should they utilize?

Excluding cost, which of the following sets of criteria describes the primary drivers for transportation mode selection?

Which of the following parties play an integral role during the transportation process?

A logistics manager is developing a supply chain risk management plan incorporating contingency plans for alternatives to transport failures. Which of the following factors best represents this approach?