File Info
| Exam | Certification in Logistics, Transportation and Distribution |
| Number | CLTD |
| File Name | APICS.CLTD.Prep4Sure.2018-11-07.65q.tqb |
| Size | 211 KB |
| Posted | Nov 07, 2018 |
| Download | APICS.CLTD.Prep4Sure.2018-11-07.65q.tqb |
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Demo Questions
Question 1
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:
- customer processes payment.
- warehouse in notified to ship the goods.
- customer receives that order in inventory.
- company receives payment.
Correct answer: C
Question 2
Consignment inventory requires that manufacturers:
- deliver their products to the consumer and payment from consumers is based on supply.
- stock their products on retail stores shelves and payment from consumers is based on forecast.
- deliver their products to the consumer and wait for payment until consumers requires to refill stock level.
- stock their products on retail stores shelves and wait for payment until consumers purchase the product.
Correct answer: D
Explanation:
Question 3
Which of the following inventory ordering techniques would a company’s corporate warehouse utilize if it is interested in meeting both the quantity and timing requirements of demand from its regional warehouses?
- Distribution requirements planning (DRP)
- Fixed order quantity/variable cycle
- Periodic review
- Kanban
Correct answer: D
