Question 1

Higher throughput operations enable private warehouses to:

Accepted Answer

A)  spread out variable costs over large output volumes 
B)  spread out fixed costs over large output volumes. 
C)  allocate total unit costs on the basis of traffic volume. 
D)  accomplish better facility utilization with declining overheads. 
A)  spread out variable costs over large output volumes 
B)  spread out fixed costs over large output volumes. 
C)  allocate total unit costs on the basis of traffic volume. 
D)  accomplish better facility utilization with declining overheads.

Question 2

A non-profit transportation membership cooperative that arranges for the domestic or international shipment of member's cargo over any mode of transportation is known as a(n):

Accepted Answer

A)  freight bureau. 
B)  freight broker association. 
C)  shipper's association. 
D)  integrated service provider. 
A)  freight bureau. 
B)  freight broker association. 
C)  shipper's association. 
D)  integrated service provider.

Question 3

Which Incoterm ® applies only to ocean transportation where the exporter is responsible to bring the goods to the port?

Accepted Answer

A)  Ex works (EXW) 
B)  Free alongside ship (FAS) 
C)  Free on board (FO
B)  
D)  Delivered at place (DAP) 
A)  Ex works (EXW) 
B)  Free alongside ship (FAS) 
C)  Free on board (FO
B)  
D)  Delivered at place (DAP)

Question 4

In building a daily route schedule, which of the following factors provides the greatest challenge for a transportation manager?

Accepted Answer

A)  Random demand 
B)  Fixed traffic patterns 
C)  Data cleanup 
D)  Customer base 
A)  Random demand 
B)  Fixed traffic patterns 
C)  Data cleanup 
D)  Customer base

Question 5

An organization encourages proactive internal design efforts and collaboration with supply chain partners in order to consume less raw materials. This business practice reflects which of the following dimensions of sustainability?

Accepted Answer

A)  Education 
B)  Ethics 
C)  Economics 
D)  Environmental 
A)  Education 
B)  Ethics 
C)  Economics 
D)  Environmental

Question 6

Which of the following lean tools would a warehouse team use to document, analyze, and improve the flow of information and materials to customers?

Accepted Answer

A)  Lean six sigma 
B)  Kaizen 
C)  Value stream mapping 
D)  Five S methodology 
A)  Lean six sigma 
B)  Kaizen 
C)  Value stream mapping 
D)  Five S methodology

Question 7

Which of the following activities best describes the functionality of decoupling stock within firms' inventory systems?

Accepted Answer

A)  Separation of the manufacturing process from order processing 
B)  Separation of the manufacturing process from the selling process. 
C)  Maintaining inventory to accommodate uncertainty in demand at different geographical positions. 
D)  Maintaining inventory at a central location for all stages of the value-creation process. 
A)  Separation of the manufacturing process from order processing 
B)  Separation of the manufacturing process from the selling process. 
C)  Maintaining inventory to accommodate uncertainty in demand at different geographical positions. 
D)  Maintaining inventory at a central location for all stages of the value-creation process.

Question 8

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

Accepted Answer

A)  World Trade Organization (WTO) rule 
B)  Lloyds of London rule 
C)  Incoterms ® rule 
D)  Shipper's rule 
A)  World Trade Organization (WTO) rule 
B)  Lloyds of London rule 
C)  Incoterms ® rule 
D)  Shipper's rule

Question 9

Major retailers place pressure on a manufacturer of liquid laundry products made with water to reduce the amount of water content by half. While the result will bring savings in almost every area, where should the manufactures focus this green initiative improvement effort?

Accepted Answer

A)  Material handling 
B)  Packaging 
C)  Transportation mode selection 
D)  Product design 
A)  Material handling 
B)  Packaging 
C)  Transportation mode selection 
D)  Product design

Question 10

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

Accepted Answer

A)  bill of loading (B/L). 
B)  wet lease. 
C)  charter party. 
D)  letter of credit. 
A)  bill of loading (B/L). 
B)  wet lease. 
C)  charter party. 
D)  letter of credit.

Question 11

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

Accepted Answer

A)  Receivables are too high. 
B)  Cost of goods sold (COGS) is too high. 
C)  Inventory is too high. 
D)  High level of obsolescence. 
A)  Receivables are too high. 
B)  Cost of goods sold (COGS) is too high. 
C)  Inventory is too high. 
D)  High level of obsolescence.

Question 12

Which of the following prerequisites is essential in order to establish an effective order management system?

Accepted Answer

A)  An ability to reserve inventory and determine a delivery date 
B)  An ability to understand customer needs 
C)  An ability to plan and build loads 
D)  An ability to receive, enter, and validate an orders 
A)  An ability to reserve inventory and determine a delivery date 
B)  An ability to understand customer needs 
C)  An ability to plan and build loads 
D)  An ability to receive, enter, and validate an orders

Question 13

The surcharge applied by shipping lines to sea freight to offset adverse variation in fuel cost is called:

Accepted Answer

A)  repositioning charge 
B)  peak season surcharge 
C)  currency adjustment factor 
D)  bunker adjustment factor 
A)  repositioning charge 
B)  peak season surcharge 
C)  currency adjustment factor 
D)  bunker adjustment factor

Question 14

From a health and safety perspective, which of the following sets of parameters must be taken into account when considering manual material handling?

Accepted Answer

A)  Task, working environment, equipment, and individual capacity 
B)  Task, load, layout, and equipment 
C)  Layout, load, working environment, and individual capacity 
D)  Task, load, working environment, and individual capacity 
A)  Task, working environment, equipment, and individual capacity 
B)  Task, load, layout, and equipment 
C)  Layout, load, working environment, and individual capacity 
D)  Task, load, working environment, and individual capacity

Question 15

An operations manager in concerned that the order-to-cash cycle for their largest customer is too long. The manager is referring to the time that elapses from when the company receives an order from the customer until the:

Accepted Answer

A)  customer processes payment. 
B)  warehouse in notified to ship the goods. 
C)  customer receives that order in inventory. 
D)  company receives payment. 
A)  customer processes payment. 
B)  warehouse in notified to ship the goods. 
C)  customer receives that order in inventory. 
D)  company receives payment.

Question 16

A logistics manager has received a lot of customer complaints concerning damaged products. This represents which of the following customer service dimensions?

Accepted Answer

A)  Time 
B)  Dependability 
C)  Communication 
D)  Convenience 
A)  Time 
B)  Dependability 
C)  Communication 
D)  Convenience

Question 17

A supply chain manager is revising their organization's supply chain strategy with a greater emphasis on collaborative supply chain relationships. Which of the following barriers poses the greatest impediment to implementing their new strategy?

Accepted Answer

A)  Internal operational silos 
B)  Vendor language and time zone differences 
C)  Transportation carrier's system limitations 
D)  Enterprise resource planning (ERP) complexity 
A)  Internal operational silos 
B)  Vendor language and time zone differences 
C)  Transportation carrier's system limitations 
D)  Enterprise resource planning (ERP) complexity

Question 18

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):

Accepted Answer

A)  general average. 
B)  specific license. 
C)  explicit license. 
D)  import license. 
A)  general average. 
B)  specific license. 
C)  explicit license. 
D)  import license.

Question 19

A third-party logistics (3PL) provider is seeking to market its value-added warehousing services to international shippers. These services refer to activities such as:

Accepted Answer

A)  selecting the best location in the warehouse for storage and retrieval. 
B)  total warehousing cost minimization on equipment, maintenance, and labor. 
C)  customization services like packaging, labeling, kitting, and setting up displays. 
D)  improving overall quality measured by ad-hoc metrics according to international standards. 
A)  selecting the best location in the warehouse for storage and retrieval. 
B)  total warehousing cost minimization on equipment, maintenance, and labor. 
C)  customization services like packaging, labeling, kitting, and setting up displays. 
D)  improving overall quality measured by ad-hoc metrics according to international standards.

Question 20

Which of the following sets of elements are the major components of inventory carrying cost?

Accepted Answer

A)  Capital, storage space, inventory service, transportation 
B)  Storage space, inventory service, inventory risk, transportation 
C)  Capital, storage space, inventory service, inventory risk 
D)  Capital, storage space, inventory service, distribution 
A)  Capital, storage space, inventory service, transportation 
B)  Storage space, inventory service, inventory risk, transportation 
C)  Capital, storage space, inventory service, inventory risk 
D)  Capital, storage space, inventory service, distribution

Higher throughput operations enable private warehouses to:

A non-profit transportation membership cooperative that arranges for the domestic or international shipment of member's cargo over any mode of transportation is known as a(n):

Which Incoterm ® applies only to ocean transportation where the exporter is responsible to bring the goods to the port?

In building a daily route schedule, which of the following factors provides the greatest challenge for a transportation manager?

An organization encourages proactive internal design efforts and collaboration with supply chain partners in order to consume less raw materials. This business practice reflects which of the following dimensions of sustainability?

Which of the following lean tools would a warehouse team use to document, analyze, and improve the flow of information and materials to customers?

Which of the following activities best describes the functionality of decoupling stock within firms' inventory systems?

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

Major retailers place pressure on a manufacturer of liquid laundry products made with water to reduce the amount of water content by half. While the result will bring savings in almost every area, where should the manufactures focus this green initiative improvement effort?

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

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

Which of the following prerequisites is essential in order to establish an effective order management system?

The surcharge applied by shipping lines to sea freight to offset adverse variation in fuel cost is called:

From a health and safety perspective, which of the following sets of parameters must be taken into account when considering manual material handling?

An operations manager in concerned that the order-to-cash cycle for their largest customer is too long. The manager is referring to the time that elapses from when the company receives an order from the customer until the:

A logistics manager has received a lot of customer complaints concerning damaged products. This represents which of the following customer service dimensions?

A supply chain manager is revising their organization's supply chain strategy with a greater emphasis on collaborative supply chain relationships. Which of the following barriers poses the greatest impediment to implementing their new strategy?

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 third-party logistics (3PL) provider is seeking to market its value-added warehousing services to international shippers. These services refer to activities such as:

Which of the following sets of elements are the major components of inventory carrying cost?

CPIM - Basics of Supply Chain Management

APICS Certified Supply Chain Professional

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Exam 1: Certification in Logistics, Transportation and Distribution

Higher throughput operations enable private warehouses to:

A non-profit transportation membership cooperative that arranges for the domestic or international shipment of member's cargo over any mode of transportation is known as a(n):

Which Incoterm ® applies only to ocean transportation where the exporter is responsible to bring the goods to the port?

In building a daily route schedule, which of the following factors provides the greatest challenge for a transportation manager?

An organization encourages proactive internal design efforts and collaboration with supply chain partners in order to consume less raw materials. This business practice reflects which of the following dimensions of sustainability?

Which of the following lean tools would a warehouse team use to document, analyze, and improve the flow of information and materials to customers?

Which of the following activities best describes the functionality of decoupling stock within firms' inventory systems?

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

Major retailers place pressure on a manufacturer of liquid laundry products made with water to reduce the amount of water content by half. While the result will bring savings in almost every area, where should the manufactures focus this green initiative improvement effort?

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

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

Which of the following prerequisites is essential in order to establish an effective order management system?

The surcharge applied by shipping lines to sea freight to offset adverse variation in fuel cost is called:

From a health and safety perspective, which of the following sets of parameters must be taken into account when considering manual material handling?

An operations manager in concerned that the order-to-cash cycle for their largest customer is too long. The manager is referring to the time that elapses from when the company receives an order from the customer until the:

A logistics manager has received a lot of customer complaints concerning damaged products. This represents which of the following customer service dimensions?

A supply chain manager is revising their organization's supply chain strategy with a greater emphasis on collaborative supply chain relationships. Which of the following barriers poses the greatest impediment to implementing their new strategy?

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 third-party logistics (3PL) provider is seeking to market its value-added warehousing services to international shippers. These services refer to activities such as:

Which of the following sets of elements are the major components of inventory carrying cost?

CPIM - Basics of Supply Chain Management

APICS Certified Supply Chain Professional

Filters