APICS Question and answers correctly solved 2024/2025
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Course
CLTD - Certified in Logistics
Institution
CLTD - Certified In Logistics
APICS Question and answers correctly solved 2024/2025 Order Cycle - correct answer The progression used by a company starting with receipt of a customer's order and ending with delivery to that customer.
Net Inventory - correct answer Determining if the desired item(s) are in stock or on ba...
APICS - CLTD Certification (Module 5)
Order Cycle - correct answer ✔The progression used by a company starting
with receipt of a customer's order and ending with delivery to that customer.
Net Inventory - correct answer ✔Determining if the desired item(s) are in
stock or on backorder.
Delivery Reliability - correct answer ✔A performance criterion that measures
how consistently goods and services are delivered on, or before, the promised
date and time.
Product Condition - correct answer ✔The condition of the items in the order.
Delivery Alternatives - correct answer ✔The appropriate mode of transport
for delivery of the order.
Delivery Time - correct answer ✔The amount of time needed to transport
and deliver the order to the customer.
Order Status - correct answer ✔Information available for the customer to
identify where the order is in the delivery process.
Customer Relationship Management (CRM) - correct answer ✔A marketing
philosophy based on putting the customer first.
The 80-20 Rule (Pareto Principle) - correct answer ✔Suggests that effects
come from relatively few causes. 80% of sales come from 20% of customers.
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