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CLTD Exam Dumps : Certified in Logistics, Transportation and Distribution

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Certified in Logistics, Transportation and Distribution Questions and Answers

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Question 1

Which of the following statements represents the primary function of inventory?

Options:

A.

Make products available while minimizing total carrying cost.

B.

Realize economies of scale while minimizing total carrying cost

C.

Reduce ordering cost while minimizing total carrying cost

D.

Buffer against delivery time while minimizing total carrying cost

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Question 2

A logistics manager is developing a supply chain risk management plan incorporating contingency plans for alternatives to transportation failures. Which of the following factors best represents this approach?

Options:

A.

Avoidance

B.

Acceptance

C.

Mitigation

D.

Redundancy

Question 3

An organization wanting to improve the management of resources and exceptions across the supply chain should focus on enhancing:

Options:

A.

supply chain visibility.

B.

simultaneous consideration of resources.

C.

resource utilization.

D.

overall asset utilization.

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