Which of the following statements best describes the relationship between order cycle time and inventory?

• A.The longer the order cycle length, the less inventory is required to be held
• B.The shorter the order cycle length, the less inventory is required to be held
• C.The changes made to the order cycle has little/no impact on inventory levels
• D.The shorter the order cycle length, the more inventory is required to be held

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Random stocking can be greatly improved through the use of a(n):

• A.inventory management system (IMS)
• B.advanced planning system (APS).
• C.transportation management system (TMS).
• D.warehouse management system (WMS).

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A transit privilege permits a shipper to:

• A.avoid paying tariffs to local authorities.
• B.temporarily stop a shipment to physically transform products.
• C.stop at any port of call without prior notification.
• D.enter a foreign/free trade zone (FTZ) to perform transportation services.

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A motor carrier is in a dispute with a customer over who is responsible for unloading for unloading goods at the customer's location.
Which of the following documents would be used to resolve the dispute?

• A.Domestic terms of sale
• B.Routing guide
• C.Freight bill
• D.Bill of lading (B/L)

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Which of the following parties play an integral role during the transportation process?

• A.Government, general public, shippers, and consignees
• B.Carriers, consignees, freight brokers, and financial institutions
• C.general public, carriers, warehouses, and shippers
• D.Carriers, shippers, consignees, and financial institutions

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