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Examen

Nigp Cpp Study Guide Bundle 2026 Verified Questions Answers Prep Material Complete Graded A+

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NIGP CPP STUDY GUIDE BUNDLE 2026 VERIFIED QUESTIONS ANSWERS PREP MATERIAL COMPLETE GRADED A+

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NIGP CPP STUDY GUIDE BUNDLE 2026
VERIFIED QUESTIONS ANSWERS PREP
MATERIAL COMPLETE GRADED A+

⩥ Mode.
Answer: The type of average that indicates the most frequent instance of
a number or happening. The number in a distribution that occurs most
frequently.


⩥ Carload.
Answer: The minimum weight, as defined by law, of a shipment entitled
to a reduced freight rate. The shipment amount that fills a freight car (or
truck). A load that fills the maximum capacity of a transporting unit.


⩥ Truckload.
Answer: A quantity of freight to which truckload rates apply; indicates
full truckload as opposed to LT (less than truckload) shipment. Motor
carriers will charge less per Cwt if a shipper is moving full truckloads
(TL).


⩥ Third Party.
Answer: Generally, a contractor or supplier who ultimately receives
monetary payment (grant funds) from the grantee as a result of rendering

,contractual goods or services in satisfaction of a contract that was
funded by the grant.


⩥ latent damage.
Answer: occurs when a device is partially degraded during
manufacturing and handling, yet it meets product test specifications and
is ultimately shipped to a customer


⩥ demurrage.
Answer: a fee charged by a carrier against a consignee, consignor, or
other responsible party to compensate for the detention of the carrier's
equipment in excess of allowable free time for loading, unloading,
reconsigning, or stopping in transit. The term is also used by suppliers of
material delivered in a variety of returnable containers, such as gas
cylinders, rail containers, and equipment


⩥ dunnage.
Answer: loose wood, matting, or similar material used to keep a cargo in
position in a ship's hold


⩥ Freight on Board (FOB).
Answer: a term in international commercial law specifying at what point
respective obligations, costs, and risk involved in the delivery of goods
shift from the seller to the buyer under the Incoterms standard published
by the International Chamber of Commerce

,⩥ 3PL (Third Party Logistics).
Answer: This is the term for a third-party logistics provider that manages
the transportation needs of another organization


⩥ Bill of Lading.
Answer: a legally required document that parties involved must
complete before a shipment can be allowed to deliver its goods. It serves
as a protection for both the carrier and the shipper since it contains a
detailed description of the exact weight of the shipment, its exact value,
its type, the quantity, and destination of the material being transported.
The carrier will be the one to issue the document that will be submitted
to the shipper of the goods.


⩥ Capital Equiment.
Answer: long-lasting goods a firm acquires and owns but does not
consume in the ordinary course of business. These may include assets
such as machines, trucks, large computers, and office furniture. Items
will have a minimum useful service life of one year or more; have a
certain threshold identified by policy and contribute value to an agency's
business


⩥ closed-looped supply chain.
Answer: a supply chain, you recycle all the components when the
product reaches the end of its usable life.

, ⩥ decentralized warehouse.
Answer: a method of maintaining several smaller warehouses spread out
to different areas in order to better serve different markets or stocking
different products


⩥ Lead time.
Answer: the time elapsed from order placement to receipt of commodity.
this includes the activities of order transmittal, processing, preparation
and shipping. When there are multiple links between organization and
supplier, lead time is the sum of all lead times. Congested airways,
highways and waterways are always a factor in estimating delivery lead
times. The total time it takes to complete a series of tasks within a
process.


⩥ Management of Logistics and transportation.
Answer: the process of transporting materials from the point origin to
the destination; from the supplier to the entity


⩥ Materials can be transported through various modes:.
Answer: truck, rail, ship, and air


⩥ Product characteristics.
Answer: the type of container that you need to ship in

Información del documento

Subido en
13 de mayo de 2026
Número de páginas
35
Escrito en
2025/2026
Tipo
Examen
Contiene
Preguntas y respuestas
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