CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
Inspirational journeys
Follow the stories of academics and their research expeditions
APICS Certified Supply Chain Professional CSCPPractice Questions 2023 - Part 84
1. Cash-to-cash cycle time is a measure of a firm's:
A) responsiveness to customer×?â?¬â?¢s requirements
B) working capital utilization
C) agility to meet changing customer requirements
D) total supply chain accounts receivable
2. Which of the following forecasting techniques is most appropriate when data is scarce?
A) Seasonal analysis
B) Computer simulation
C) Delphi method
D) Linear regression
3. Risk management assessment tools are common techniques used in which certification program?
A) ISO 31000
B) ISO 14000
C) ISO 26000
D) ISO 9000
4. A clothing company focuses its attention on high-fashion products and rapid product development. Which of the following types of value is the company trying to create?
A) Financial
B) Customer
C) Social
D) Environmental
5. Which of the following circumstances must exist to implement a warehouse management system (WMS)?
A) The warehouse must utilize a random location system
B) The facility must be able to put away product and identify the physical product location
C) The facility must have implemented radio frequency identification (RFID)
D) The warehousing and enterprise resources planning (ERP) systems must directly interact
A) responsiveness to customer×?â?¬â?¢s requirements
B) working capital utilization
C) agility to meet changing customer requirements
D) total supply chain accounts receivable
2. Which of the following forecasting techniques is most appropriate when data is scarce?
A) Seasonal analysis
B) Computer simulation
C) Delphi method
D) Linear regression
3. Risk management assessment tools are common techniques used in which certification program?
A) ISO 31000
B) ISO 14000
C) ISO 26000
D) ISO 9000
4. A clothing company focuses its attention on high-fashion products and rapid product development. Which of the following types of value is the company trying to create?
A) Financial
B) Customer
C) Social
D) Environmental
5. Which of the following circumstances must exist to implement a warehouse management system (WMS)?
A) The warehouse must utilize a random location system
B) The facility must be able to put away product and identify the physical product location
C) The facility must have implemented radio frequency identification (RFID)
D) The warehousing and enterprise resources planning (ERP) systems must directly interact
1. Right Answer: D
Explanation: Reference:https://www.profit.co/blog/kpis-library/supply-chain/cash-to-cash-cycle-time/#:~:text=The%20cash%20to%20cash%20cycle%20time%20metric%20refers%20to%20the,sale%20of%20that%20specific%20inventory.
2. Right Answer: C
Explanation: Reference:https://scm.ncsu.edu/scm-articles/article/forecasting-methods
3. Right Answer: A
Explanation: Reference:https://en.wikipedia.org/wiki/Risk_management
4. Right Answer: A
Explanation:
5. Right Answer: D
Explanation: Reference:https://searcherp.techtarget.com/definition/warehouse-management-system-WMS
Explanation: Reference:https://www.profit.co/blog/kpis-library/supply-chain/cash-to-cash-cycle-time/#:~:text=The%20cash%20to%20cash%20cycle%20time%20metric%20refers%20to%20the,sale%20of%20that%20specific%20inventory.
2. Right Answer: C
Explanation: Reference:https://scm.ncsu.edu/scm-articles/article/forecasting-methods
3. Right Answer: A
Explanation: Reference:https://en.wikipedia.org/wiki/Risk_management
4. Right Answer: A
Explanation:
5. Right Answer: D
Explanation: Reference:https://searcherp.techtarget.com/definition/warehouse-management-system-WMS
Tags:
certified management business standard web supply chain process concept quality industry organization guarantee warehouse storage audit factory company digital system guidelines requirement technology legal order export worker law manufacturing tablet office data corporate best import display compliant instruction compliance regulation mockup monitor agency policy table computer screen logistics regulatory administration supply0 Comments
Categories
Recent posts
CA Foundation Business Economics Questions 2023 - Part 31
Fri, 03 Mar 2023
CA Foundation Business Economics Questions 2023 - Part 30
Fri, 03 Mar 2023
Leave a comment