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 69
1. Tangible benefits of investing in information technology (IT) include:
A) reducing transaction costs.
B) improved reliability.
C) amortization of capital investment.
D) easier financial reporting.
2. Electronic data interchange (EDI) is best defined as a:
A) process of generating and testing engineering specifications on a computer workstation.
B) system that updates and tracks interactions with customers.
C) technique that deals with analysis and planning of logistics and manufacturing.
D) technology to support the paperless flow of trading documents.
3. A grocery store found that ground beef sales increased when buns were a featured sales item. This customer relationship management (CRM) technique is called:
A) data mining.
B) data tracking.
C) point-of-purchase (POP) promotion.
D) upselling.
4. Which of the following processes enables joint planning of key supply chain activities?
A) Vendor-managed inventory (VMI)
B) Supply chain event management (SCEM)
C) Distribution requirements planning (DRP)
D) Collaborative planning, forecasting, and replenishment (CPFR)
5. Which of the following situations typically requires extended storage?
A) Products with low demand
B) Product consolidation
C) Modular products
D) Seasonal products
A) reducing transaction costs.
B) improved reliability.
C) amortization of capital investment.
D) easier financial reporting.
2. Electronic data interchange (EDI) is best defined as a:
A) process of generating and testing engineering specifications on a computer workstation.
B) system that updates and tracks interactions with customers.
C) technique that deals with analysis and planning of logistics and manufacturing.
D) technology to support the paperless flow of trading documents.
3. A grocery store found that ground beef sales increased when buns were a featured sales item. This customer relationship management (CRM) technique is called:
A) data mining.
B) data tracking.
C) point-of-purchase (POP) promotion.
D) upselling.
4. Which of the following processes enables joint planning of key supply chain activities?
A) Vendor-managed inventory (VMI)
B) Supply chain event management (SCEM)
C) Distribution requirements planning (DRP)
D) Collaborative planning, forecasting, and replenishment (CPFR)
5. Which of the following situations typically requires extended storage?
A) Products with low demand
B) Product consolidation
C) Modular products
D) Seasonal products
1. Right Answer: D
Explanation:
2. Right Answer: D
Explanation: Reference:https://www.ibm.com/topics/edi-electronic-data-interchange
3. Right Answer: B
Explanation:
4. Right Answer: D
Explanation: Reference:http://www.apics.org/docs/default-source/industry-content/apics-ombok-framework.pdf(42)
5. Right Answer: A
Explanation:
Explanation:
2. Right Answer: D
Explanation: Reference:https://www.ibm.com/topics/edi-electronic-data-interchange
3. Right Answer: B
Explanation:
4. Right Answer: D
Explanation: Reference:http://www.apics.org/docs/default-source/industry-content/apics-ombok-framework.pdf(42)
5. Right Answer: A
Explanation:
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