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 17
1. Two individuals are travelling by train to the same location, departing from two different cities. Both purchased tickets when they arrived for departure, yet paid different prices. Which of the following pricing strategies was most likely practiced by the train company?
A) Regional pricing
B) Coupons and rebates
C) Product versioning
D) Channel pricing
2. A brewing company recently acquired a trucking company to deliver products to the brewery's distribution centers (DCs). Which of the following terms most accurately describes the firms' relationship?
A) Parallel integration
B) Vertical integration
C) Internal integration
D) Horizontal integration
3. A company wants to reduce lead time while minimizing inventory costs. Which of the following approaches is most appropriate to implement?
A) Make-to-stock
B) Lean
C) Kaizen blitz
D) Six sigma
4. A company striving to improve its supply chain financial performance should concentrate on which of the following metrics?
A) Order fill rate
B) Days of inventory
C) Takt time
D) Supply chain agility
5. The total cost of ownership (TCO) measurement includes:
A) accounts payable
B) tangible and intangible costs
C) return on investment (ROI)
D) net present value
A) Regional pricing
B) Coupons and rebates
C) Product versioning
D) Channel pricing
2. A brewing company recently acquired a trucking company to deliver products to the brewery's distribution centers (DCs). Which of the following terms most accurately describes the firms' relationship?
A) Parallel integration
B) Vertical integration
C) Internal integration
D) Horizontal integration
3. A company wants to reduce lead time while minimizing inventory costs. Which of the following approaches is most appropriate to implement?
A) Make-to-stock
B) Lean
C) Kaizen blitz
D) Six sigma
4. A company striving to improve its supply chain financial performance should concentrate on which of the following metrics?
A) Order fill rate
B) Days of inventory
C) Takt time
D) Supply chain agility
5. The total cost of ownership (TCO) measurement includes:
A) accounts payable
B) tangible and intangible costs
C) return on investment (ROI)
D) net present value
1. Right Answer: A
Explanation:
2. Right Answer: A
Explanation: Reference:https://www.researchgate.net/publication/314486348_Analysing_Parallel_Interaction_in_Supply_Chains_A_Supply_Chain_Network_Perspective
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: B
Explanation: Reference:http://www.linfo.org/tco.html
Explanation:
2. Right Answer: A
Explanation: Reference:https://www.researchgate.net/publication/314486348_Analysing_Parallel_Interaction_in_Supply_Chains_A_Supply_Chain_Network_Perspective
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: B
Explanation: Reference:http://www.linfo.org/tco.html
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