CLTD Reviews Questions

Certified in Logistics, Transportation and Distribution Questions and Answers

Question 5

To prevent the importing of certain luxury good so that a country can use its hard currency on essential goods, governments can refuse to issue a(n)

Options:

general average.

specific license.

explicit license.

import license.

Question 6

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:

Rail

Trucking

Pipeline

Barge

Question 7

A logistics service provider has an average on-time delivery of 30%, average damage free delivery of 30%, and average correct documentation of 30%. Which of the following values represents the probability that the next delivery would be on-time, damage free, and with correct documentation?

Options:

30%

90%

Question 8

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

Options:

Make products available while minimizing total carrying cost.

Realize economies of scale while minimizing total carrying cost

Reduce ordering cost while minimizing total carrying cost

Buffer against delivery time while minimizing total carrying cost

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Certified in Logistics, Transportation and Distribution Questions and Answers

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CompTIA

Fortinet

Microsoft

Salesforce