CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
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APICS Certified Supply Chain Professional CSCPPractice Questions 2023 - Part 58
1. A large bicycle company has outsourced manufacturing and needs to respond immediately to any logistics problems in the supply chain. The best technological solution to meet this need is:
A) enterprise resources planning.
B) supply chain event management.
C) supplier relationship management.
D) a transportation management system.
2. Which of the following types of raw materials would be most appropriate to source via an Internet-based trading exchange?
A) Expensive material that is critical to the finished good
B) Expensive material for which there are several substitutes
C) Inexpensive material that is critical to the finished good
D) Inexpensive material for which there are many sources
3. A retailer wants to partner with its suppliers to implement automatic replenishment of inventories and joint sales forecasts. Which of the following supply chain management technologies most likely would support the retailer's strategy?
A) Advanced planning and scheduling
B) Collaborative planning, forecasting, and replenishment
C) Supplier relationship management applications
D) Radio frequency identification (RFID) tags
4. When multiple warehouses are combined into one centralized warehouse, the requirement for safety stock is reduced because:
A) there is less in-transit inventory.
B) the total variability of demand is reduced.
C) average cycle stock is reduced.
D) safety stock becomes available-to-promise.
5. A manufacturer's inventory levels are growing and service levels are dropping. Which of the following supply chain strategies is most appropriate to reduce inventory and improve service?
A) Increase the safety stock on all items.
B) Reduce the setup time.
C) Optimize the total cost.
D) Implement batch operations.
A) enterprise resources planning.
B) supply chain event management.
C) supplier relationship management.
D) a transportation management system.
2. Which of the following types of raw materials would be most appropriate to source via an Internet-based trading exchange?
A) Expensive material that is critical to the finished good
B) Expensive material for which there are several substitutes
C) Inexpensive material that is critical to the finished good
D) Inexpensive material for which there are many sources
3. A retailer wants to partner with its suppliers to implement automatic replenishment of inventories and joint sales forecasts. Which of the following supply chain management technologies most likely would support the retailer's strategy?
A) Advanced planning and scheduling
B) Collaborative planning, forecasting, and replenishment
C) Supplier relationship management applications
D) Radio frequency identification (RFID) tags
4. When multiple warehouses are combined into one centralized warehouse, the requirement for safety stock is reduced because:
A) there is less in-transit inventory.
B) the total variability of demand is reduced.
C) average cycle stock is reduced.
D) safety stock becomes available-to-promise.
5. A manufacturer's inventory levels are growing and service levels are dropping. Which of the following supply chain strategies is most appropriate to reduce inventory and improve service?
A) Increase the safety stock on all items.
B) Reduce the setup time.
C) Optimize the total cost.
D) Implement batch operations.
1. Right Answer: B
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: B
Explanation:
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: B
Explanation:
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