CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
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APICS Certified Supply Chain Professional CSCP new Practice Questions 2023 - Part 14
1. Which of the following procurement strategies would be most appropriate for items required by a bottleneck operation?
A) Long-term contracts
B) Global sourcing
C) Automated ordering processes
D) Decentralized policy
2. Which of the following financial measurements is common to reverse logistics?
A) Scrap as a percentage of total cost
B) Warranty reserves
C) Quality appraisal cost
D) Accounts receivable
3. A company has prioritized customers A, B, and C, filling orders in that sequence. What are the impacts to customer service levels for customers B and C?
A) 100% service levels for B and C
B) Customer B has higher service level
C) Customer C has higher service level
D) Customer B and C have same service level
4. Which of the following activities is an aspect of proper demand management?
A) Prioritizing shop orders to meet demand
B) Facilitating the use of resources to meet demand
C) Using demand to calculate takt time
D) Considering all sources of demand
5. Which of the following goals is most likely to be achieved through the implementation of an enterprise resource planning (ERP) system?
A) Collect information of future sales forecasts
B) Provide visibility of supply chain data
C) Determine most efficient way to produce and assemble products
D) Execute collaborative planning, forecasting, and replenishment (CPFR)
A) Long-term contracts
B) Global sourcing
C) Automated ordering processes
D) Decentralized policy
2. Which of the following financial measurements is common to reverse logistics?
A) Scrap as a percentage of total cost
B) Warranty reserves
C) Quality appraisal cost
D) Accounts receivable
3. A company has prioritized customers A, B, and C, filling orders in that sequence. What are the impacts to customer service levels for customers B and C?
A) 100% service levels for B and C
B) Customer B has higher service level
C) Customer C has higher service level
D) Customer B and C have same service level
4. Which of the following activities is an aspect of proper demand management?
A) Prioritizing shop orders to meet demand
B) Facilitating the use of resources to meet demand
C) Using demand to calculate takt time
D) Considering all sources of demand
5. Which of the following goals is most likely to be achieved through the implementation of an enterprise resource planning (ERP) system?
A) Collect information of future sales forecasts
B) Provide visibility of supply chain data
C) Determine most efficient way to produce and assemble products
D) Execute collaborative planning, forecasting, and replenishment (CPFR)
1. Right Answer: A
Explanation:
2. Right Answer: B
Explanation: Reference:https://cerasis.com/reverse-logistics-system/
3. Right Answer: C
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: C
Explanation:
Explanation:
2. Right Answer: B
Explanation: Reference:https://cerasis.com/reverse-logistics-system/
3. Right Answer: C
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: C
Explanation:
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