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 46
1. A company's market is characterized be frequently changing product demand and pressure for short lead times. The company also faces intense competition. To enhance its competitiveness, the company should stress which of the following strategies?
A) Increase the labor force
B) Increase work-in-process (WIP) inventory
C) Reduce cycle times
D) Match competitors×?â?¬â?¢ prices
2. An effective company strategy results when combining innovative products with:
A) an efficient supply chain.
B) a responsive supply chain.
C) accurate forecasts.
D) high inventory levels.
3. Which type of purchase is best suited for single sourcing with a preferred supplier to reduce supply chain risk?
A) Strategic
B) Routine
C) Bottleneck
D) Leverage
4. A company that has selected the hybrid production method has multiple alternatives for the timing of activating and deactivating capacity. The inventory carrying costs and which of the following categories of costs would typically be relevant in the analysis of the alternatives?
A) Strategic sourcing
B) Capital tooling
C) New employee training
D) Fixed plant
5. A new supplier in a different country will offer substantial savings on existing components. Which part of the organization should be consulted to ensure this is a good strategy for the firm?
A) Logistics
B) Human resources
C) Marketing
D) Information technology
A) Increase the labor force
B) Increase work-in-process (WIP) inventory
C) Reduce cycle times
D) Match competitors×?â?¬â?¢ prices
2. An effective company strategy results when combining innovative products with:
A) an efficient supply chain.
B) a responsive supply chain.
C) accurate forecasts.
D) high inventory levels.
3. Which type of purchase is best suited for single sourcing with a preferred supplier to reduce supply chain risk?
A) Strategic
B) Routine
C) Bottleneck
D) Leverage
4. A company that has selected the hybrid production method has multiple alternatives for the timing of activating and deactivating capacity. The inventory carrying costs and which of the following categories of costs would typically be relevant in the analysis of the alternatives?
A) Strategic sourcing
B) Capital tooling
C) New employee training
D) Fixed plant
5. A new supplier in a different country will offer substantial savings on existing components. Which part of the organization should be consulted to ensure this is a good strategy for the firm?
A) Logistics
B) Human resources
C) Marketing
D) Information technology
1. Right Answer: C
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: A
Explanation:
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: A
Explanation:
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