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 2
1. Electronic data interchange (EDI) is best defined as a:
A) process of generating and testing engineering specifications on a computer workstation.
B) system that updates and tracks interactions with customers.
C) technique that deals with analysis and planning of logistics and manufacturing.
D) technology to support the paperless flow of trading documents.
2. A grocery store found that ground beef sales increased when buns were a featured sales item. This customer relationship management (CRM) technique is called:
A) data mining.
B) data tracking.
C) point-of-purchase (POP) promotion.
D) upselling.
3. Which of the following processes enables joint planning of key supply chain activities?
A) Vendor-managed inventory (VMI)
B) Supply chain event management (SCEM)
C) Distribution requirements planning (DRP)
D) Collaborative planning, forecasting, and replenishment (CPFR)
4. Which of the following situations typically requires extended storage?
A) Products with low demand
B) Product consolidation
C) Modular products
D) Seasonal products
5. Which of the following statements best describes the goals of strategic sourcing?
A) A purchase strategy that relies heavily on technology to reduce risk
B) A procurement strategy that takes into account the long-term impact on people, profit, and the planet
C) A process of purchasing goods and services aimed at exploiting global efficiencies in production
D) A mechanism for managing external resources to support non-commodity purchases
A) process of generating and testing engineering specifications on a computer workstation.
B) system that updates and tracks interactions with customers.
C) technique that deals with analysis and planning of logistics and manufacturing.
D) technology to support the paperless flow of trading documents.
2. A grocery store found that ground beef sales increased when buns were a featured sales item. This customer relationship management (CRM) technique is called:
A) data mining.
B) data tracking.
C) point-of-purchase (POP) promotion.
D) upselling.
3. Which of the following processes enables joint planning of key supply chain activities?
A) Vendor-managed inventory (VMI)
B) Supply chain event management (SCEM)
C) Distribution requirements planning (DRP)
D) Collaborative planning, forecasting, and replenishment (CPFR)
4. Which of the following situations typically requires extended storage?
A) Products with low demand
B) Product consolidation
C) Modular products
D) Seasonal products
5. Which of the following statements best describes the goals of strategic sourcing?
A) A purchase strategy that relies heavily on technology to reduce risk
B) A procurement strategy that takes into account the long-term impact on people, profit, and the planet
C) A process of purchasing goods and services aimed at exploiting global efficiencies in production
D) A mechanism for managing external resources to support non-commodity purchases
1. Right Answer: D
Explanation: Reference:https://www.ibm.com/topics/edi-electronic-data-interchange
2. Right Answer: B
Explanation:
3. Right Answer: D
Explanation: Reference:http://www.apics.org/docs/default-source/industry-content/apics-ombok-framework.pdf(42)
4. Right Answer: A
Explanation:
5. Right Answer: B
Explanation: Reference:https://www.michiganstateuniversityonline.com/resources/supply-chain/why-companies-should-consider-strategic-sourcing/
Explanation: Reference:https://www.ibm.com/topics/edi-electronic-data-interchange
2. Right Answer: B
Explanation:
3. Right Answer: D
Explanation: Reference:http://www.apics.org/docs/default-source/industry-content/apics-ombok-framework.pdf(42)
4. Right Answer: A
Explanation:
5. Right Answer: B
Explanation: Reference:https://www.michiganstateuniversityonline.com/resources/supply-chain/why-companies-should-consider-strategic-sourcing/
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