100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MSSC CLT Exam QUESTIONS AND ANSWERS GRADED A $10.49   Add to cart

Exam (elaborations)

MSSC CLT Exam QUESTIONS AND ANSWERS GRADED A

 154 views  0 purchase
  • Course
  • Institution

Airway bill Correct Answer: A bill of lading for air transport that serves as a receipt for the shipper, indicates that the carrier has accepted the goods listed, obligates the carrier to carry the consignment to the airport of destination according to specified conditions. Advanced ship notice...

[Show more]

Preview 2 out of 5  pages

  • October 24, 2022
  • 5
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
avatar-seller
MSSC CLT Exam QUESTIONS AND ANSWERS
GRADED A
Airway bill Correct Answer: A bill of lading for air transport that serves as a receipt for the
shipper, indicates that the carrier has accepted the goods listed, obligates the carrier to carry the
consignment to the airport of destination according to specified conditions.

Advanced ship notice (ASN) Correct Answer: An electronic data interchange (EDI) notification
of shipment of product.

Aggregate inventory management Correct Answer: Establishing the overall level (dollar value)
of inventory desired and implementing controls to achieve this goal.

Batch pick Correct Answer: A method of picking orders in which order requirements are
aggregated by product across orders to reduce movement to and from product locations. The
aggregated quantities of each product are then transported to a common area where the
individual orders are constructed.

Basic Description Correct Answer: Required description on documentation when shipping or
handling hazmats. It must include: the Identification Number; Proper Shipping Name; Hazard
Class or Division; and Packing Group.

Bill of lading Correct Answer: A carrier's contract and receipt for goods the carrier agrees to
transport from one place to another and to deliver to a designated person. In case of loss,
damage, or delay, the bill of lading is the basis for filing freight claims.

Bonding Correct Answer: A system that connects various pieces of conductive equipment
together to keep them at the same potential. Static sparking cannot take place between objects
that are the same potential.

Cantilever rack Correct Answer: A specialized form of rack used for storing long items such as
lumber or pipes.

Carrier freight bill Correct Answer: An invoice presented by the carrier to the shipper, the
consignee or a referenced third-party as a demand for payment for services rendered.

Certificate of origin Correct Answer: A document attesting to a shipment's country of origin.

Common carriers Correct Answer: Transportation available to the public that does not provide
special treatment to any one party and is regulated as to the rates charged, the liability assumed,
and the service provided. A common carrier must obtain a certificate of public convenience and
necessity from the Federal Trade Commission for interstate traffic.

Consignee Correct Answer: The receiver of shipment of freight; the customer.

, Containerization Correct Answer: A shipment method in which commodities are placed in
containers, and after initial loading, the commodities per se are not re-handled in shipment until
they are unloaded at the destination.

Contract carriers Correct Answer: A carrier that does not serve the general public, but provides
transportation for hire for one or a limited number of shippers under a specific contract.

Automated storage/retrieval system (AS/RS) Correct Answer: A high-density, rack inventory
storage system with vehicles automatically loading and unloading the racks.

Corrosives Correct Answer: Materials that can attack and chemically destroy exposed body
tissues. Corrosives can also damage or even destroy metal. They begin to cause damage as soon
as they touch the skin, eyes, respiratory tract, digestive tract, or the metal.

Cross-docking Correct Answer: The concept of packing products on the incoming shipments so
they can be easily sorted at intermediate warehouses or for outgoing shipments based on final
destination. The items are carried from the incoming vehicle docking point to the outgoing
vehicle docking point without being stored in inventory at the warehouse.

Cycle count Correct Answer: An inventory accuracy audit technique where inventory is counted
on a cyclic schedule rather than once a year.

Decoupling Correct Answer: Creating independence between supply and use of material.
Commonly denotes providing inventory between operations so that fluctuations in the production
rate of the supplying operation do not constrain production or use rates of the next operation.

Delivery receipt Correct Answer: A document issued by the carrier that the consignee signs as
proof of receipt.

Dunnage Correct Answer: Inexpensive or waste material used to protect and load securing cargo
during transport.

Duty Correct Answer: A tax levied by government on the importation, exportation, or use and
consumption of goods.

Exempt carriers Correct Answer: A for-hire carrier that is free from economic regulation.

Fixed costs Correct Answer: An expenditure that does not vary with the production volume; for
example, rent, property tax, and salaries of certain personnel.

Fixed order quantity ordering Correct Answer: An inventory system, such as economic order
quantity, in which the same order quantity is used from order to order. The time between orders
(order period) then varies from order to order.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Classroom. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83637 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.49
  • (0)
  Add to cart