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Question 16

Which of the following components represents the best opportunity to improve the effectiveness and efficiency of an order cycle?

Options:

A.

Order transmittal

B.

Order processing

C.

Order picking

D.

Order delivery

Question 17

A document that serves as a contract, a receipt, and a certificate of title in an international transaction is known as a:

Options:

A.

certificate of origin.

B.

manifest.

C.

packing list.

D.

bill of lading (B/L).

Question 18

Which of the following statements best reflects the intent of a shipper and a carrier who are negotiating a contract utilizing the integrative bargaining technique?

Options:

A.

The shipper is integrating its shipping needs and the carrier is integrating its market power to achieve better contract terms individually.

B.

The shipper and the carrier are attempting to understand each other's needs to create mutually beneficial contract terms.

C.

The shipper and the carrier are making anintegratedeffort to make extreme demands followed up by small, slow concessions.

D.

The shipper and the carrier are in direct conflict with each other's goals and are attempting to take advantage of each other.

Question 19

A trucking company purchased a tractor-trailer for $150,000 to support its short-haul business The tractor-trailer will be in service for 5 years before it will be sold at $55;000. With annual fuel costs estimated at $12,000; what is the annual depreciation for the vehicle?

Options:

A.

$7,000

B.

$11,000

C.

$19.000

D.

$30.000

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Exam Code: CLTD
Exam Name: Certified in Logistics, Transportation and Distribution
Last Update: Apr 19, 2024
Questions: 150
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