CLTD (Certified in Logistics, Transportation and
Distribution) Final Exam includes accurate and
verified questions covering logistics planning,
transportation management, order and inventory
management, warehouse operations, global logistics,
and logistics network design. Designed for
professionals seeking APICS CLTD certification.
What is a fast way to improve logistics throughput if it is
measured using monetary value metrics? - ANSWER-Pick and
ship higher-value goods with higher priority
The subset of supply chain management that controls the
forward and reverse movement, handling, and storage of goods
between origin and distribution points - ANSWER-Logistics
The planning, directing, monitoring, and controlling of the
processes related to customer orders, manufacturing orders, and
purchase orders - ANSWER-Order Management
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A process that enables a business to offer post-purchase service
and information to the customer - ANSWER-Customer Service
Management
The grouping of management functions supporting the complete
cycle of material flow, from the purchase and internal control of
production materials to the planning and control of WIP, to the
warehousing, shipping, and distribution of the finished product -
ANSWER-Materials Management
What is one major difference in the scope of logistics between
Europe and the U.S.? - ANSWER-In Europe, logistics goes from
raw materials to the final delivery to the customer, thus
including production planning and manufacturing, while in the
U.S., manufacturing is usually not under the purview of logistics
The distance traveled once a drop or delivery zone has been
reached - ANSWER-Drop Distance
The distance to and from the delivery zone - ANSWER-Stem
Distance
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The portion of a transportation journey that moves between two
transportation terminals; Excludes the pick-up and delivery
portions of a journey used to acquire or distribute LTL freight -
ANSWER-Line Haul
The cost of physical inventory and its financing charges -
ANSWER-Capital Cost
The cost of inventory management and insurance - ANSWER-
Service Cost
Costs associated with pilferage, inventory deterioration, damage,
and obsolescence - ANSWER-Risk Cost
A solution to a problem that is best from a narrow point of view,
but not from a higher or overall company point of view -
ANSWER-Suboptimization
A level of supply chain nodes - ANSWER-Echelon
Physical supply is sometimes called a... - ANSWER-Process
value chain
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Distribution is sometimes called a... - ANSWER-Value delivery
network
Usefulness to the customer - ANSWER-Utility
Product desirability created by marketing efforts - ANSWER-
Possession Utility
Value created by changing a good's form through a production
process - ANSWER-Form Utility (Utility in the eyes of the
customer)
The ability for the customer to communicate requirements or
needs to the supplier or manufacturer - ANSWER-Information
Utility
What are the stages of inventory Integration / maturity? -
ANSWER-1) Baseline
2) Functional Integration
3) Internal Integration
4) External Integration