APICS Certified Supply Chain Professional CSCP new Practice Questions 2023 - Part 10
1. A critical feature of the personal marketing approach that differentiates itself from other approaches includes the:
A) establishment of one-to-many buyer-seller contacts
B) addressing of the distinct personal interests of the customer
C) standardization of products, process, and services for the customer
D) characterization of negotiation, needs awareness, and fulfillment
2. Which of the following modes of transportation requires the lowest fixed investment?
A) Rail
B) Air
C) Truck
D) Water
3. Which of the following actions is most likely to reduce inventory carrying costs?
A) Utilize ABC classification
B) Standardize the items in inventory
C) Set minimum inventory levels
D) Initiate a vendor-managed inventory (VMI) program
4. Inbound logistics is a supply chain management term used for?
A) receiving, storing, and issuing finished goods to consumers
B) activities associated with transforming inputs into final products
C) receiving, inventorying, and issuing material to the production activities
D) providing services to customers to maintain the value of the product
5. A company is considering changing its manufacturing strategy from engineer-to-order (ETO) to make-to-order (MTO). Which of the following risks should the company be careful to consider?
A) Decreasing manufacturing efficiency
B) Increasing work in process (WIP) inventory
C) Increasing raw material costs
D) Decreasing customer satisfaction
A) establishment of one-to-many buyer-seller contacts
B) addressing of the distinct personal interests of the customer
C) standardization of products, process, and services for the customer
D) characterization of negotiation, needs awareness, and fulfillment
2. Which of the following modes of transportation requires the lowest fixed investment?
A) Rail
B) Air
C) Truck
D) Water
3. Which of the following actions is most likely to reduce inventory carrying costs?
A) Utilize ABC classification
B) Standardize the items in inventory
C) Set minimum inventory levels
D) Initiate a vendor-managed inventory (VMI) program
4. Inbound logistics is a supply chain management term used for?
A) receiving, storing, and issuing finished goods to consumers
B) activities associated with transforming inputs into final products
C) receiving, inventorying, and issuing material to the production activities
D) providing services to customers to maintain the value of the product
5. A company is considering changing its manufacturing strategy from engineer-to-order (ETO) to make-to-order (MTO). Which of the following risks should the company be careful to consider?
A) Decreasing manufacturing efficiency
B) Increasing work in process (WIP) inventory
C) Increasing raw material costs
D) Decreasing customer satisfaction
1. Right Answer: D
Explanation:
2. Right Answer: D
Explanation: Reference:https://www.inc.com/encyclopedia/transportation.html
3. Right Answer: D
Explanation:
4. Right Answer: A
Explanation: Reference:https://www.shipbob.com/blog/inbound-and-outbound-logistics/#:~:text=These%20terms%20refer%20to%20the,products%20to%20the%20end%20customer.
5. Right Answer: B
Explanation:
Explanation:
2. Right Answer: D
Explanation: Reference:https://www.inc.com/encyclopedia/transportation.html
3. Right Answer: D
Explanation:
4. Right Answer: A
Explanation: Reference:https://www.shipbob.com/blog/inbound-and-outbound-logistics/#:~:text=These%20terms%20refer%20to%20the,products%20to%20the%20end%20customer.
5. Right Answer: B
Explanation:
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