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 23
1. The use of a seasonal index as a forecasting technique measures the ratio of the:
A) average seasonal demand to the average demand for all periods.
B) average demand for all periods to the average seasonal demand.
C) average seasonal demand to the standard deviation of the demand for all periods.
D) standard deviation of the seasonal demand to the standard deviation of demand for all periods.
2. Medium-term demand management projections are used primarily to:
A) complete strategic business planning of facilities.
B) complete forecasts at the item level.
C) aggregate demand for production planning.
D) develop the master production schedule.
3. Which of the following strategies is used primarily for demand planning?
A) Build-to-order scheduling
B) Push-pull replenishment
C) Collaborative planning, forecasting, and replenishment
D) Vendor-managed inventory
4. In addition to sales history, current customer orders, and forecasted demand, which of the following data sources should be used as part of a demand management process?
A) Inventory levels
B) Contractual obligations
C) Customer profitability
D) Scheduled marketing activities
5. Demand management involves which of the following undertakings?
A) Adjusting capacity to support expected demand
B) Engaging in activities associated with customer relationship management
C) Creating higher customer demand by improving performance in areas such as lead time and service levels
D) Understanding events and managing activities that could influence future demand
A) average seasonal demand to the average demand for all periods.
B) average demand for all periods to the average seasonal demand.
C) average seasonal demand to the standard deviation of the demand for all periods.
D) standard deviation of the seasonal demand to the standard deviation of demand for all periods.
2. Medium-term demand management projections are used primarily to:
A) complete strategic business planning of facilities.
B) complete forecasts at the item level.
C) aggregate demand for production planning.
D) develop the master production schedule.
3. Which of the following strategies is used primarily for demand planning?
A) Build-to-order scheduling
B) Push-pull replenishment
C) Collaborative planning, forecasting, and replenishment
D) Vendor-managed inventory
4. In addition to sales history, current customer orders, and forecasted demand, which of the following data sources should be used as part of a demand management process?
A) Inventory levels
B) Contractual obligations
C) Customer profitability
D) Scheduled marketing activities
5. Demand management involves which of the following undertakings?
A) Adjusting capacity to support expected demand
B) Engaging in activities associated with customer relationship management
C) Creating higher customer demand by improving performance in areas such as lead time and service levels
D) Understanding events and managing activities that could influence future demand
1. Right Answer: A
Explanation:
2. Right Answer: C
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: D
Explanation:
5. Right Answer: D
Explanation:
Explanation:
2. Right Answer: C
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: D
Explanation:
5. Right Answer: D
Explanation:
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