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 54
1. A company has recently implemented a vendor-managed inventory (VMI) program with several key suppliers but quality issues are disrupting production. Which of the following actions would be more effective in dealing with these issues?
A) Tighten the quality tolerances
B) Implement a supplier certification program
C) Implement quality inspection at the receiving dock
D) Charge back to the supplier the rework and scrap costs
2. Which of the following processes ensures that functional plans are consistent?
A) Strategic planning
B) Sales and operations planning
C) Project planning
D) Master scheduling
3. The implementation of major enterprise-wide changes to eliminate or significantly reduce waste is related to which of the following concepts?
A) Kaizen
B) Kanban
C) Six Sigma
D) Lean
4. An advanced planning system differs primarily from enterprise resources planning by:
A) optimizing operations scheduling.
B) translating plans into action.
C) concentrating on production.
D) linking to the transportation management system.
5. A company that is effectively managing its cash will have which of the following conditions?
A) Low accounts receivable, low inventory, high accounts payable
B) High accounts receivable, low inventory, high accounts payable
C) Low accounts receivable, high inventory, low accounts payable
D) High accounts receivable, high inventory, low accounts payable
A) Tighten the quality tolerances
B) Implement a supplier certification program
C) Implement quality inspection at the receiving dock
D) Charge back to the supplier the rework and scrap costs
2. Which of the following processes ensures that functional plans are consistent?
A) Strategic planning
B) Sales and operations planning
C) Project planning
D) Master scheduling
3. The implementation of major enterprise-wide changes to eliminate or significantly reduce waste is related to which of the following concepts?
A) Kaizen
B) Kanban
C) Six Sigma
D) Lean
4. An advanced planning system differs primarily from enterprise resources planning by:
A) optimizing operations scheduling.
B) translating plans into action.
C) concentrating on production.
D) linking to the transportation management system.
5. A company that is effectively managing its cash will have which of the following conditions?
A) Low accounts receivable, low inventory, high accounts payable
B) High accounts receivable, low inventory, high accounts payable
C) Low accounts receivable, high inventory, low accounts payable
D) High accounts receivable, high inventory, low accounts payable
1. Right Answer: B
Explanation:
2. Right Answer: B
Explanation:
3. Right Answer: D
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: A
Explanation:
Explanation:
2. Right Answer: B
Explanation:
3. Right Answer: D
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: A
Explanation:
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