APICS CLTD Exam Questions & Answers

When a logistics manager assigns workers to receive, store, and move goods into and out of warehouse, they are managing which of the following activities?

A. Physical distribution

B. Materials handling

C. Production management

D. Inventory management

Which of the following attributes best represents how an organization regards the relationship between the cost of lost sales and inventory costs?

A. Willingness to spend increasing amounts on inventory to decrease lost sales at a greater rate

B. Willingness to spend increasing amounts on inventory but expect only minor changes in lost sales

C. Unwillingness to spend increasing amounts on inventory because they see no correlation between inventory costs and the cost of lost sales

D. Unwillingness to spend increasing amounts on inventory even though they understand that an inverse relationship exists between inventory costs and the cost of lost sales

Which manufacturing strategy requires substantial demand-facing warehouse capacity?

A. Make-to-plan (MTP)

B. Make-to-order (MTO)

C. Engineer-to-order (ETO)

D. Assemble-to-order (ATO)