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 29
1. A key assumption of the economic order quantity (EOQ) is that:
A) future demand cannot be projected.
B) the rate of demand is continuous and constant.
C) reorder frequency is fixed.
D) as the lot size decreases, the setup cost per unit decreases.
2. A company is seeking to attract recent college graduates as customers. Which of the following market characteristics should the company use in order to segment its customers?
A) Geographic
B) Demographic
C) Price sensitivity
D) Cultural
3. A company with a fleet of trucks is considering using a third-party logistics (3PL) provider to distribute a new product. Which of the following benefits most likely will result?
A) Fewer tax implications
B) Limited exposure to regulatory violations
C) Fixed delivery costs
D) Better market accessibility
4. Which of the following cost elements typically would be included in the cost of carrying inventory?
A) Scrap during production
B) Depreciation of product equipment
C) Direct materials
D) Obsolescence
5. A manufacturer is the leader of a group of trading partners that are collaborating to improve customer service levels and profitability. Which of the following methodologies would be most appropriate for synchronizing supply and demand across the supply chain?
A) Sales and operations planning
B) Distribution requirements planning
C) Supply Chain Operations Reference-model
D) Supply chain event management
A) future demand cannot be projected.
B) the rate of demand is continuous and constant.
C) reorder frequency is fixed.
D) as the lot size decreases, the setup cost per unit decreases.
2. A company is seeking to attract recent college graduates as customers. Which of the following market characteristics should the company use in order to segment its customers?
A) Geographic
B) Demographic
C) Price sensitivity
D) Cultural
3. A company with a fleet of trucks is considering using a third-party logistics (3PL) provider to distribute a new product. Which of the following benefits most likely will result?
A) Fewer tax implications
B) Limited exposure to regulatory violations
C) Fixed delivery costs
D) Better market accessibility
4. Which of the following cost elements typically would be included in the cost of carrying inventory?
A) Scrap during production
B) Depreciation of product equipment
C) Direct materials
D) Obsolescence
5. A manufacturer is the leader of a group of trading partners that are collaborating to improve customer service levels and profitability. Which of the following methodologies would be most appropriate for synchronizing supply and demand across the supply chain?
A) Sales and operations planning
B) Distribution requirements planning
C) Supply Chain Operations Reference-model
D) Supply chain event management
1. Right Answer: B
Explanation: Reference:
2. Right Answer: B
Explanation: http://financialmanagementpro.com/economic-order-quantity-eoq-model/
3. Right Answer: B
Explanation:
4. Right Answer: C
Explanation:
5. Right Answer: A
Explanation:
Explanation: Reference:
2. Right Answer: B
Explanation: http://financialmanagementpro.com/economic-order-quantity-eoq-model/
3. Right Answer: B
Explanation:
4. Right Answer: C
Explanation:
5. Right Answer: A
Explanation:
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