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 52
1. Which of the following factors is most likely to slow the adoption of collaborative planning, forecasting, and replenishment (CPFR)?
A) The reluctance to share detailed information
B) The cost of electronic data interchange services
C) The risk that changed processes will disrupt operations
D) The risk of security breaches
2. A manufacturer experiences frequent changes in product technology and market preferences, resulting in new product introductions each year. Which of the following sourcing strategies would be most appropriate?
A) Sole sourcing
B) Multiple sourcing
C) Long-term contracting
D) Strategic partnering
3. Which of the following statements describes a continuous replenishment strategy in a retail environment?
A) Retailers make replenishment decisions.
B) Retailers prepare individual orders and share sales data with vendors to improve customer service.
C) Vendors use sales data and prepare shipments to maintain the desired level of inventory.
D) Vendors take full control of inventory policy.
4. A supplier disputes a low rating generated by a company's enterprise resources planning (ERP) system. Which of the following actions by the purchasing agent is most appropriate?
A) Advise the ERP information technology manager that there is a flaw in the rating system.
B) Scrap the vendor rating system until the company can figure out what is wrong.
C) Compare the vendor and company detail records, and interview company employees who handled the data.
D) Tell the supplier that, regardless of the disputed claims, the supplier must improve performance.
5. On-time delivery performance in the supply chain can best be improved by aligning required capacity with what type of capacity?
A) Demonstrated
B) Rated
C) Budgeted
D) Theoretical
A) The reluctance to share detailed information
B) The cost of electronic data interchange services
C) The risk that changed processes will disrupt operations
D) The risk of security breaches
2. A manufacturer experiences frequent changes in product technology and market preferences, resulting in new product introductions each year. Which of the following sourcing strategies would be most appropriate?
A) Sole sourcing
B) Multiple sourcing
C) Long-term contracting
D) Strategic partnering
3. Which of the following statements describes a continuous replenishment strategy in a retail environment?
A) Retailers make replenishment decisions.
B) Retailers prepare individual orders and share sales data with vendors to improve customer service.
C) Vendors use sales data and prepare shipments to maintain the desired level of inventory.
D) Vendors take full control of inventory policy.
4. A supplier disputes a low rating generated by a company's enterprise resources planning (ERP) system. Which of the following actions by the purchasing agent is most appropriate?
A) Advise the ERP information technology manager that there is a flaw in the rating system.
B) Scrap the vendor rating system until the company can figure out what is wrong.
C) Compare the vendor and company detail records, and interview company employees who handled the data.
D) Tell the supplier that, regardless of the disputed claims, the supplier must improve performance.
5. On-time delivery performance in the supply chain can best be improved by aligning required capacity with what type of capacity?
A) Demonstrated
B) Rated
C) Budgeted
D) Theoretical
1. Right Answer: A
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: C
Explanation:
5. Right Answer: A
Explanation:
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: C
Explanation:
5. Right Answer: A
Explanation:
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