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 67
1. A company has made a strategic decision to introduce products to improve profitability. Which of the following issues should the company be concerned about most while implementing this decision?
A) Reverse supply chain
B) Unpredictable demand
C) Warranty and repair
D) Patent security
2. A company seeking to maximize supply chain efficiency and to streamline order processing should first:
A) implement a vendor-managed inventory (VMI) process.
B) implement electronic data interchange (EDI).
C) move to a make-to-stock (MTS) environment.
D) utilize supplier portals.
3. A distribution requirements planning (DRP) system is implemented primarily to monitor or manage:
A) supplier capacity.
B) customer demand.
C) inventory replenishment.
D) demand variation.
4. A bicycle manufacturer wants to offer a range of bicycles that allow the customer to choose wheels, gears, brakes, frames, and saddles. Implementing which of the following approaches would be most appropriate?
A) Standardized components
B) Production to forecast
C) Customer relationship management (CRM)
D) Mass customization
5. Which of the following reasons is often why many companies fail to achieve the implementation benefits of reverse logistics?
A) Many top managers fail to have a good grasp of the cost and benefits of returns.
B) Often too much time passes between a product sale and a return.
C) The quality issues surrounding returns are too difficult to assess.
D) Transportation costs for returns are uncertain and usually higher than for sales.
A) Reverse supply chain
B) Unpredictable demand
C) Warranty and repair
D) Patent security
2. A company seeking to maximize supply chain efficiency and to streamline order processing should first:
A) implement a vendor-managed inventory (VMI) process.
B) implement electronic data interchange (EDI).
C) move to a make-to-stock (MTS) environment.
D) utilize supplier portals.
3. A distribution requirements planning (DRP) system is implemented primarily to monitor or manage:
A) supplier capacity.
B) customer demand.
C) inventory replenishment.
D) demand variation.
4. A bicycle manufacturer wants to offer a range of bicycles that allow the customer to choose wheels, gears, brakes, frames, and saddles. Implementing which of the following approaches would be most appropriate?
A) Standardized components
B) Production to forecast
C) Customer relationship management (CRM)
D) Mass customization
5. Which of the following reasons is often why many companies fail to achieve the implementation benefits of reverse logistics?
A) Many top managers fail to have a good grasp of the cost and benefits of returns.
B) Often too much time passes between a product sale and a return.
C) The quality issues surrounding returns are too difficult to assess.
D) Transportation costs for returns are uncertain and usually higher than for sales.
1. Right Answer: C
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: C
Explanation: Reference:https://searcherp.techtarget.com/definition/distribution-requirements-planning-DRP
4. Right Answer: D
Explanation:
5. Right Answer: D
Explanation:
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: C
Explanation: Reference:https://searcherp.techtarget.com/definition/distribution-requirements-planning-DRP
4. Right Answer: D
Explanation:
5. Right Answer: D
Explanation:
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