Free APICS CLTD Exam Dumps Questions & Answers

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?

• A.Pallet racking
• B.Push-back racking
• C.Block stacking
• D.Flow racking

Which of the following groups was formed for the purpose of eliminating the trade barriers among its members?

• A.United Nations (UN)
• B.Organization of Petroleum Exporting Countries (OPEC)
• C.North Atlantic Treaty Organization (NATO)
• D.European Union (EU)

A vessel operating under the threat of piracy or hostile military action is protected by the

• A.country closest to the vessel at the time of attack.
• B.shipping company registry.
• C.United Nations (UN) military forces.
• D.naval forces of the flag of registry.

A document that serves as a contract, a receipt, and a certificate of title in an international transaction is known as a:

• A.certificate of origin.
• B.manifest.
• C.bill of lading (B/L).
• D.packing list.

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

• A.Transportation costs vs. inventory carrying costs
• B.Inventory carrying costs vs. production costs
• C.Landed costs vs. production costs
• D.Distribution costs vs. order processing costs