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 83
1. A group of trading partners that produce and distributes supplies to commercial and industrial customers has decided to pursue competitive advantage by being responsive to customers' needs. The most appropriate positioning of safety stock to support this initiative would be at:
A) a central warehouse for each market segment.
B) the distribution centers (DCs) closest to the customers.
C) each node in the distribution channel.
D) each production facility.
2. A company has significant cash invested in its finished goods inventories. What action can this company take to significantly reduce its inventory investment while maintaining its customer service levels?
A) Begin production after receipt of customer orders
B) Move the customer decoupling point from finished goods to components
C) Increase component assembly lead times
D) Plan key component material with preferred suppliers
3. A company distributes products through a multitiered distribution network. Recently there has been high demand variability for a mature product that had experienced stable demand for several years. The most appropriate way to address the variability of demand is to:
A) extend forecast horizon.
B) increase distribution safety stock targets.
C) increase manufacturing throughput.
D) increase demand visibility with all partners.
4. Which mode of long distance transportation would cost the least per ton mile?
A) Water
B) Air
C) Truck
D) Rail
5. Which of the following costing approaches directly reflects logistics performance?
A) Activity-based
B) Total landed
C) Standard
D) Weighted average
A) a central warehouse for each market segment.
B) the distribution centers (DCs) closest to the customers.
C) each node in the distribution channel.
D) each production facility.
2. A company has significant cash invested in its finished goods inventories. What action can this company take to significantly reduce its inventory investment while maintaining its customer service levels?
A) Begin production after receipt of customer orders
B) Move the customer decoupling point from finished goods to components
C) Increase component assembly lead times
D) Plan key component material with preferred suppliers
3. A company distributes products through a multitiered distribution network. Recently there has been high demand variability for a mature product that had experienced stable demand for several years. The most appropriate way to address the variability of demand is to:
A) extend forecast horizon.
B) increase distribution safety stock targets.
C) increase manufacturing throughput.
D) increase demand visibility with all partners.
4. Which mode of long distance transportation would cost the least per ton mile?
A) Water
B) Air
C) Truck
D) Rail
5. Which of the following costing approaches directly reflects logistics performance?
A) Activity-based
B) Total landed
C) Standard
D) Weighted average
1. Right Answer: A
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: D
Explanation:
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: D
Explanation:
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