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 62
1. Variation in upstream requirements can be reduced by increasing:
A) demand visibility.
B) production capacity.
C) product features.
D) safety stock.
2. Which of the following metrics would be most appropriate for a group of trading partners that is trying to gain competitive advantage through supply chain reliability?
A) Cash-to-cash cycle time
B) Supply chain response time
C) Order fulfillment lead time performance
D) Value-added cost per employee
3. A firm has increased finished-goods inventories for several products to compensate for increased variability in demand. The firm analyzed shipment data and determined that the variability was due to a few customers placing large orders for single shipments to obtain discounts. Which of the following actions is the firm most likely to take to maintain sales and reduce variability in demand?
A) Reducing discounts for large orders
B) Encouraging high-volume customers to place blanket orders
C) Implementing extrinsic forecasting methods
D) Increasing the level of safety stock on high-volume products
4. Customer demand is 120 units per week. The company works on a 9-hour shift per day, 5-day per week basis. Each shift has a ΓΒ²ΓΒ½-hour lunch break and two 15- minute coffee breaks. The cycle time is 12 minutes. To meet demand, production must occur at the rate of one unit every:
A) 12 minutes.
B) 20 minutes.
C) 22.5 minutes.
D) 28 minutes.
5. A firm has captured the following information for a product family:The cash-to-cash cycle time is how many days?
A) 41
B) 44
C) 62
D) 74
A) demand visibility.
B) production capacity.
C) product features.
D) safety stock.
2. Which of the following metrics would be most appropriate for a group of trading partners that is trying to gain competitive advantage through supply chain reliability?
A) Cash-to-cash cycle time
B) Supply chain response time
C) Order fulfillment lead time performance
D) Value-added cost per employee
3. A firm has increased finished-goods inventories for several products to compensate for increased variability in demand. The firm analyzed shipment data and determined that the variability was due to a few customers placing large orders for single shipments to obtain discounts. Which of the following actions is the firm most likely to take to maintain sales and reduce variability in demand?
A) Reducing discounts for large orders
B) Encouraging high-volume customers to place blanket orders
C) Implementing extrinsic forecasting methods
D) Increasing the level of safety stock on high-volume products
4. Customer demand is 120 units per week. The company works on a 9-hour shift per day, 5-day per week basis. Each shift has a ΓΒ²ΓΒ½-hour lunch break and two 15- minute coffee breaks. The cycle time is 12 minutes. To meet demand, production must occur at the rate of one unit every:
A) 12 minutes.
B) 20 minutes.
C) 22.5 minutes.
D) 28 minutes.
5. A firm has captured the following information for a product family:The cash-to-cash cycle time is how many days?
A) 41
B) 44
C) 62
D) 74
1. Right Answer: A
Explanation:
2. Right Answer: C
Explanation:
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: C
Explanation:
Explanation:
2. Right Answer: C
Explanation:
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: C
Explanation:
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