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 67
1. A supplier has decided to improve its forecast accuracy by reducing the information lead time from the retailer. Which of the following actions would be most appropriate to achieve the desired result?
A) Eliminating sales and promotions
B) Decentralizing demand information
C) Reducing its quoted lead time
D) Utilizing electronic data interchange
2. Which of the following activities is critical to successful synchronization of supply and demand throughout a supply chain?
A) Sharing demand information
B) Placing large orders to obtain lower prices
C) Reducing the number of deliveries
D) Maintaining increased inventories
3. Which of the following actions is most likely to improve the cash-to-cash cycle time?
A) Find suppliers with lower total cost of ownership (TCO)
B) Implement vendor-managed inventory (VMI) with key suppliers
C) Implement vendor-managed inventory (VMI) with key customers
D) Establish targeted promotions for the most profitable market segments
4. Which of the following actions typically is most important when building a collaborative supply chain?
A) Investing sufficient capital
B) Building mutual trust
C) Integrating information systems
D) Developing a common culture
5. Which of the following manufacturing strategies would run the greatest risk of increasing obsolete inventory costs?
A) Make-to-stock
B) Assemble-to-order
C) Make-to-order
D) Engineer-to-order
A) Eliminating sales and promotions
B) Decentralizing demand information
C) Reducing its quoted lead time
D) Utilizing electronic data interchange
2. Which of the following activities is critical to successful synchronization of supply and demand throughout a supply chain?
A) Sharing demand information
B) Placing large orders to obtain lower prices
C) Reducing the number of deliveries
D) Maintaining increased inventories
3. Which of the following actions is most likely to improve the cash-to-cash cycle time?
A) Find suppliers with lower total cost of ownership (TCO)
B) Implement vendor-managed inventory (VMI) with key suppliers
C) Implement vendor-managed inventory (VMI) with key customers
D) Establish targeted promotions for the most profitable market segments
4. Which of the following actions typically is most important when building a collaborative supply chain?
A) Investing sufficient capital
B) Building mutual trust
C) Integrating information systems
D) Developing a common culture
5. Which of the following manufacturing strategies would run the greatest risk of increasing obsolete inventory costs?
A) Make-to-stock
B) Assemble-to-order
C) Make-to-order
D) Engineer-to-order
1. Right Answer: D
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: A
Explanation:
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: A
Explanation:
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