Download Certification in Logistics, Transportation and Distribution.CLTD.Prep4Sure.2018-11-07.65q.tqb

Vendor:	APICS
Exam Code:	CLTD
Exam Name:	Certification in Logistics, Transportation and Distribution
Date:	Nov 07, 2018
File Size:	211 KB

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Demo Questions

An operations manager in concerned that the order-to-cash cycle for their largest customer is too long. The manager is referring to the time that elapses from when

the company receives an order from the customer until the:

customer processes payment.
warehouse in notified to ship the goods.
customer receives that order in inventory.
company receives payment.

Correct answer: C

Consignment inventory requires that manufacturers:

deliver their products to the consumer and payment from consumers is based on supply.
stock their products on retail stores shelves and payment from consumers is based on forecast.
deliver their products to the consumer and wait for payment until consumers requires to refill stock level.
stock their products on retail stores shelves and wait for payment until consumers purchase the product.

Correct answer: D

Explanation:

Which of the following inventory ordering techniques would a company’s corporate warehouse utilize if it is interested in meeting both the quantity and timing requirements of demand from its regional warehouses?