APICS Question and answers already passed 2024/2025
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Course
CLTD - Certified in Logistics
Institution
CLTD - Certified In Logistics
APICS Question and answers already passed 2024/2025 Transportation - correct answer The function of planning, scheduling, and controlling activities related to mode, vendor, and movement of inventories into and out of an organization.
What are the three main principles of transportation? - co...
APICS - CLTD Certification (Module 8)
Transportation - correct answer ✔The function of planning, scheduling, and
controlling activities related to mode, vendor, and movement of inventories
into and out of an organization.
What are the three main principles of transportation? - correct answer ✔-
Economy of scale
- Economy of distance
- Cost of velocity
Terminals - correct answer ✔Locations where carriers load and unload
goods to and from vehicles.
What are the three types of carrier terminals? - correct answer ✔- Pickup
and Delivery (PUD)
- Break-bulk
- Relay
What are the "5 M's" in transportation resource costs? - correct answer ✔1.
Manpower - vehicle drivers
2. Machinery - the vehicles themselves
3. Materials - associated resources (tires, fuel, etc.)
4. Money - respective costs of resources
5. Minutes - when resources are used for different purposes
Consignor - correct answer ✔The sender of a shipment in a contract of
transport.
, Consignee - correct answer ✔The receiver of a shipment of freight.
Carrier - correct answer ✔A company that provides air, sea, or land
transportation services.
Agent - correct answer ✔One who acts on behalf of another (the principal) in
dealing with a third party.
Third-Party Logistics (3PL) - correct answer ✔A buyer and supplier team
with a third party that provides product delivery services.
Fourth-Party Logistics (4PL) - correct answer ✔A supply chain integrator that
assembles and manages the resources, capabilities, and technology of its
own organization with those of complementary service providers to deliver a
comprehensive supply chain solution.
Lead Logistics Providers (LLPs) - correct answer ✔Organizations that
oversee the third-party logistics operations of their clients.
Broker - correct answer ✔An organization that helps match carriers to
freight, adding value by helping the shipper and carrier obtain better rates and
more fully utilize their capacity and equipment.
Freight Broker - correct answer ✔An individual or organization who finds
appropriate carriers for shippers needing transportation.
Customs Broker - correct answer ✔A person who manages the paperwork
required for international shipping and tracks and moves the shipments
through the proper channels.
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