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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 costs are the most intangible and subjective of all the carrying cost elements'?

Options:

A.

Risk cost

B.

Storage cost

C.

Service cost

D.

Capital cost

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Question 2

An oil and gas company needs to ship petrol 1.000 miles from the port of entry to an inland refinery. Which of the following modes of transportation provides the best long-term, cost-efficient solution?

Options:

A.

Rail

B.

Trucking

C.

Pipeline

D.

Barge

Question 3

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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