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 5
1. In an assemble-to-order (ATO) environment, the most assured means to achieving sustained higher fill rates is to focus on which of the following policies?
A) Safety stock
B) Postponement
C) Expediting
D) Product portfolio
2. Determining which of the following factors is a strategic element of supply chain design?
A) Capacity required within each facility
B) Target levels for every item in inventory
C) Location of each process within a facility
D) Number, size, and location of facilities
3. A practical way to eliminate an unprofitable customer is to:
A) establish a tiered pricing structure based on service levels and refuse to discount premier service
B) increase product price by 30% to 50% within 3 to 6 months of the customer×?â?¬â?¢s initial order
C) ask the customer to order products in much higher quantities than they typically do
D) gradually reduce the quality of customer service
4. Total annual profit typically is highest at what stage of the product life cycle?
A) Growth
B) Maturity
C) Decline
D) Introduction
5. A supplier is offering a price discount if more is ordered at one time. The offer should be analyzed to determine if a larger order is appropriate considering:
A) the impact of the increase in average inventory levels on ABC designations
B) the reduction in material cost compared to the impact on total holding costs
C) the impact of additional items on indirect costs
D) the increase in transportation costs compared to the reduction in ordering cost
A) Safety stock
B) Postponement
C) Expediting
D) Product portfolio
2. Determining which of the following factors is a strategic element of supply chain design?
A) Capacity required within each facility
B) Target levels for every item in inventory
C) Location of each process within a facility
D) Number, size, and location of facilities
3. A practical way to eliminate an unprofitable customer is to:
A) establish a tiered pricing structure based on service levels and refuse to discount premier service
B) increase product price by 30% to 50% within 3 to 6 months of the customer×?â?¬â?¢s initial order
C) ask the customer to order products in much higher quantities than they typically do
D) gradually reduce the quality of customer service
4. Total annual profit typically is highest at what stage of the product life cycle?
A) Growth
B) Maturity
C) Decline
D) Introduction
5. A supplier is offering a price discount if more is ordered at one time. The offer should be analyzed to determine if a larger order is appropriate considering:
A) the impact of the increase in average inventory levels on ABC designations
B) the reduction in material cost compared to the impact on total holding costs
C) the impact of additional items on indirect costs
D) the increase in transportation costs compared to the reduction in ordering cost
1. Right Answer: C
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: B
Explanation: Reference:https://courses.lumenlearning.com/boundless-marketing/chapter/product-life-cycles/
5. Right Answer: A
Explanation: Reference:https://www.slideshare.net/UmairArain2/supply-chain-management-chap-11
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: B
Explanation: Reference:https://courses.lumenlearning.com/boundless-marketing/chapter/product-life-cycles/
5. Right Answer: A
Explanation: Reference:https://www.slideshare.net/UmairArain2/supply-chain-management-chap-11
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