WGU D470 Study Guide • Questions With Complete
Solutions
What are the two main components of logistics? Accurate Answer:-
Materials Management and Distribution
What does the Total Logistics Concept (TLC) aim to achieve? Accurate
Answer:- Treating all logistics elements as a single integrated system
What is the primary goal of a cost leader in logistics? Accurate Answer:-
To minimize costs and maximize productivity
What does sub-optimization in logistics refer to? Accurate Answer:-
Optimizing one part at the expense of overall performance
Which of the following is a global logistics complexity? Accurate Answer:-
Complicated supply chain networks
Which transportation mode is known for its high bulk-handling capacity and
energy efficiency? Accurate Answer:- Rail Freight
What is a "TEU" in the context of maritime transport? Accurate Answer:-
Twenty-foot Equivalent Unit
Which of the following is a common shipping surcharge? Accurate
Answer:- Bunker Adjustment Factor (BAF)
Which transport document is essential for maritime cargo? Accurate
Answer:- Bill of Lading
What is the purpose of a freight forwarder? Accurate Answer:- To
oversee and manage the movement of freight
Which logistics design element focuses on the structure of the physical
network, such as the placement of warehouses? Accurate Answer:-
Logistics network design
, What is the main advantage of using a vendor-managed inventory (VMI)
system? Accurate Answer:- Allowing the vendor to manage stock levels
Which system produces goods against known customer orders, as opposed to
expected demand? Accurate Answer:- Pull System
What is the role of a distribution center in logistics? Accurate Answer:-
Holding inventory and decoupling demand requirements from production
capabilities
Which of the following is a type of distribution center? Accurate Answer:-
Trans-shipment site or cross-docking center
What is the difference between forward logistics and reverse logistics?
Accurate Answer:- Forward logistics moves products to the customer;
reverse logistics moves products back to the seller.
Which certification is related to Environmental Management Systems in
logistics? Accurate Answer:- ISO 14000
What is the role of inbound logistics? Accurate Answer:- Managing the
receipt of materials into the business
Which approach focuses on minimizing the environmental impact of products
and their packaging? Accurate Answer:- Sustainability and circular
economy
What is an example of an alternative "final mile" solution in logistics?
Accurate Answer:- Urban or city warehouses for fast availability
What are the two fundamental principles set by the World Trade Organization
(WTO) to ensure fair trade? Accurate Answer:- National Treatment and
Most Favoured Nation (MFN)
Which of the following goods are typically subject to excise duties?
Accurate Answer:- Alcohol, mineral oils, and tobacco
Tariff quotas allow importers to: Accurate Answer:- Benefit from
temporarily lower tariff rates
Solutions
What are the two main components of logistics? Accurate Answer:-
Materials Management and Distribution
What does the Total Logistics Concept (TLC) aim to achieve? Accurate
Answer:- Treating all logistics elements as a single integrated system
What is the primary goal of a cost leader in logistics? Accurate Answer:-
To minimize costs and maximize productivity
What does sub-optimization in logistics refer to? Accurate Answer:-
Optimizing one part at the expense of overall performance
Which of the following is a global logistics complexity? Accurate Answer:-
Complicated supply chain networks
Which transportation mode is known for its high bulk-handling capacity and
energy efficiency? Accurate Answer:- Rail Freight
What is a "TEU" in the context of maritime transport? Accurate Answer:-
Twenty-foot Equivalent Unit
Which of the following is a common shipping surcharge? Accurate
Answer:- Bunker Adjustment Factor (BAF)
Which transport document is essential for maritime cargo? Accurate
Answer:- Bill of Lading
What is the purpose of a freight forwarder? Accurate Answer:- To
oversee and manage the movement of freight
Which logistics design element focuses on the structure of the physical
network, such as the placement of warehouses? Accurate Answer:-
Logistics network design
, What is the main advantage of using a vendor-managed inventory (VMI)
system? Accurate Answer:- Allowing the vendor to manage stock levels
Which system produces goods against known customer orders, as opposed to
expected demand? Accurate Answer:- Pull System
What is the role of a distribution center in logistics? Accurate Answer:-
Holding inventory and decoupling demand requirements from production
capabilities
Which of the following is a type of distribution center? Accurate Answer:-
Trans-shipment site or cross-docking center
What is the difference between forward logistics and reverse logistics?
Accurate Answer:- Forward logistics moves products to the customer;
reverse logistics moves products back to the seller.
Which certification is related to Environmental Management Systems in
logistics? Accurate Answer:- ISO 14000
What is the role of inbound logistics? Accurate Answer:- Managing the
receipt of materials into the business
Which approach focuses on minimizing the environmental impact of products
and their packaging? Accurate Answer:- Sustainability and circular
economy
What is an example of an alternative "final mile" solution in logistics?
Accurate Answer:- Urban or city warehouses for fast availability
What are the two fundamental principles set by the World Trade Organization
(WTO) to ensure fair trade? Accurate Answer:- National Treatment and
Most Favoured Nation (MFN)
Which of the following goods are typically subject to excise duties?
Accurate Answer:- Alcohol, mineral oils, and tobacco
Tariff quotas allow importers to: Accurate Answer:- Benefit from
temporarily lower tariff rates
