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CLTD Final Exam Question and answers rated A+ 2024/2025
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CLTD Final Exam Question and answers rated A+ 2024/2025 CLTD Final Exam For which of the following does the seller bear the freight charges? -FOB Origin, Freight Prepaid -FOB Destination, Freight Collect -FOB destination, Freight Prepaid and Charged Back -FOB Origin, Freight Collect - cor...

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  • September 15, 2024
  • 33
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • CLTD - Certified in Logistics
  • CLTD - Certified in Logistics

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CLTD Final Exam
For which of the following does the seller bear the freight charges?


-FOB Origin, Freight Prepaid
-FOB Destination, Freight Collect
-FOB destination, Freight Prepaid and Charged Back
-FOB Origin, Freight Collect - correct answer ✔The seller bears the freight
charges in FOB Origin, Freight Prepaid


What makes the RoadRailer Unique? - correct answer ✔It is a bimodal trailer
with two sets of wheels


What is the NVOCC? - correct answer ✔A cargo consolidator (Non-Vessel
Operating Common Carriers); Provide service on a container basis.


Employee's first-hand working knowledge of a product is an example of what
CSM element? - correct answer ✔Capability; Customers need to efel that
when they contact the seller of a product or service that they will be able to
communicate directly with experience professionals who truly know the
products inside and out and have used them


What type of planning would indicate whether long-term warehouse capacity
would need expansion in the coming years, assuming top management
approves it? - correct answer ✔Resource Planning


Capacity planning conducted at the business plan level; The process of
establishing, measuring, and adjusting limits or levels of long-range capacity;
Based on the production plan - correct answer ✔Resource planning

,What is the formula for safety stock? - correct answer ✔Demand * LT +
Safety Stock


Which of the following are the important and typically tracked measures of
customer service?


-Average Age of Stockout and lead-time monitoring
-Lead Time Monitoring and customer service ratio
-Partial Orders delivered and stockout recovery rate
-Monetary value fill rate and stockout rate - correct answer ✔Lead Time
Monitoring and customer service ratio


If the seller will pay for all transportation costs (no sea or inland waterways will
be used) and bears all risk until the goods have been delivered and pays the
duty, which Incoterm should be used? - correct answer ✔Delivered Duty
Paid (DDP)


What is a characteristic of an in-bond shipment? - correct answer ✔An in-
bond shipment refers to an import or export shipment which has not yet been
cleared by scustoms. It is sealed until the final destination is reached


What percent of the value of the reverse logistics process depends on
matching the product with the best disposition option? - correct answer
✔80%


Air cargo generates ______ % of international airline revenue - correct
answer ✔Air cargo generates 9% of international airline revenue

,The most common type of invoice that is sent with the shipment; Utilized by
customs to determine the value of goods in order to determine the amount in
duties - correct answer ✔Commerical Invoice


Delays the completion of the production of finished goods until customer
demand is more definite - correct answer ✔Postponement


The GHS (Globally Harmonized System of Classification and Labeling of
Chemicals) was developed by the... - correct answer ✔United Nations


Which is a good way that an organization whose strategy is to compete on
cost can reduce risks of service failure due to uncontrollable events? - correct
answer ✔Locate a manufacturing facility halfway between two ports


What is the formula for cash-to-cash cycle time? - correct answer ✔Cash-to-
Cash Cycle time = Days Sales Outstanding + Inventory Days of Supply - Days
Payable Outstanding


What is the difference between a TEU and an FEU? - correct answer ✔20
feet (TEU = Twenty-foot equivalent units, FEU - Forty-Foot Equivalent Units)


Picking structure in which pickers are assigned a zone in the warehouse; Ideal
for a warehouse with a large number of deliveries per day and a large number
of SKUs in the warehouse - correct answer ✔Wave Picking


Product transportation characteristics as compared to other products - correct
answer ✔Freight Rating


Which material requirements planning (MRP) technique ca be leveraged to
book inbound transportation earlier and thus cheaper than if you wait until

, orders for materials are actually released? - correct answer
✔Backscheduling


Product responsibility focuses on the product issues of ______________ and
includes labelling requirements, non-compliance incidents, and customer
breaches of privacy, all relevant to the G4 Sustainability Reporting Guidelines
- correct answer ✔Customers


What is a typical description of a "Standard Delivery Truck?" - correct answer
✔Two axle, six-tire single unit


What is a good way that the true value of packaging can be presented to
stakeholders such as finance? - correct answer ✔Include the rate of freight
claims


In what type of direct-to-consumer fulfillment model does the retailer ship
directly to the customer? - correct answer ✔Flow-Through


How did the shift in focus from logistics to supply chain management affect
how inventory is perceived? - correct answer ✔Inventory is now perceived as
a last resort when information or stabilizing processes fail


Under which leadership theory can people learn to be better leaders, including
the ability to admit mistakes, to use the insights to revise both methods and
the leadership process, and to delegate properly? - correct answer
✔Process-Based Model


If transportation labor costs could be volatile in the next few years, what is the
best way that an organization could reduce the risk that the landed cost of its
goods might not be competitive? - correct answer ✔Source closer to the
point of demand

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