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 72
1. Which of the following approaches provides an effective environment for managing change in an operation?
A) Change performance evaluation standards one at a time
B) Train employees in change but delay changing the environment
C) Tie all performance measurements to overall company profitability
D) Use of visible charts tied to established team goals
2. In an assemble-to-order (ATO) environment, the most assured means to achieving sustained higher fill rates is to focus on which of the following policies?
A) Safety stock
B) Postponement
C) Expediting
D) Product portfolio
3. Determining which of the following factors is a strategic element of supply chain design?
A) Capacity required within each facility
B) Target levels for every item in inventory
C) Location of each process within a facility
D) Number, size, and location of facilities
4. A practical way to eliminate an unprofitable customer is to:
A) establish a tiered pricing structure based on service levels and refuse to discount premier service
B) increase product price by 30% to 50% within 3 to 6 months of the customer×?â?¬â?¢s initial order
C) ask the customer to order products in much higher quantities than they typically do
D) gradually reduce the quality of customer service
5. Total annual profit typically is highest at what stage of the product life cycle?
A) Growth
B) Maturity
C) Decline
D) Introduction
A) Change performance evaluation standards one at a time
B) Train employees in change but delay changing the environment
C) Tie all performance measurements to overall company profitability
D) Use of visible charts tied to established team goals
2. In an assemble-to-order (ATO) environment, the most assured means to achieving sustained higher fill rates is to focus on which of the following policies?
A) Safety stock
B) Postponement
C) Expediting
D) Product portfolio
3. Determining which of the following factors is a strategic element of supply chain design?
A) Capacity required within each facility
B) Target levels for every item in inventory
C) Location of each process within a facility
D) Number, size, and location of facilities
4. A practical way to eliminate an unprofitable customer is to:
A) establish a tiered pricing structure based on service levels and refuse to discount premier service
B) increase product price by 30% to 50% within 3 to 6 months of the customer×?â?¬â?¢s initial order
C) ask the customer to order products in much higher quantities than they typically do
D) gradually reduce the quality of customer service
5. Total annual profit typically is highest at what stage of the product life cycle?
A) Growth
B) Maturity
C) Decline
D) Introduction
1. Right Answer: A
Explanation:
2. Right Answer: C
Explanation:
3. Right Answer: D
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: B
Explanation: Reference:https://courses.lumenlearning.com/boundless-marketing/chapter/product-life-cycles/
Explanation:
2. Right Answer: C
Explanation:
3. Right Answer: D
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: B
Explanation: Reference:https://courses.lumenlearning.com/boundless-marketing/chapter/product-life-cycles/
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