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 94
1. Shortly after implementation of a supplier quality-management program, the customer's and supplier's measurements of an attribute differ. The most appropriate course of action is to:
A) use the customer×?â?¬â?¢s data for the attribute
B) stop measuring performance for the attribute
C) redefine performance criteria
D) investigate data collection methods
2. ISO 9001 standards are best used to:
A) ensure high quality products are delivered to customers, although it does not yet include service aspects
B) demonstrate to the market that goods and services have the highest level of quality and should be considered ×?â?¬Ë?best in class×?â?¬â?¢
C) provide documentation of adherence to quality standards for a firm×?â?¬â?¢s suppliers to avoid issues with conflict minerals
D) demonstrate the ability to meet customer×?â?¬â?¢s requirements and engage in quality improvement
3. A firm produces goods that are subject to frequent customer design changes. The products are sold to a few distributors who sell to a large number of retailers. In this situation, which of the following represents the best approach for which the firm should produce those goods?
A) Using a push strategy to replenish the distributors
B) Using a pull strategy based on retailer sales
C) Using a push strategy based on retailer sales
D) Using a pull strategy to replenish the distributors
4. In an effort to reduce total cost of ownership (TCO), a company is outsourcing a major component to an overseas supplier. What is the most appropriate action to reduce supply chain risk?
A) Increase forecast accuracy
B) Deploy strategic inventory buffers
C) Invest in redundant manufacturing process
D) Negotiate a competitive cost contract for transportation
5. Throughout most of the supply chain, safety stock will be de-emphasized as a result of improved:
A) cycle stock
B) planning
C) supply
D) information
A) use the customer×?â?¬â?¢s data for the attribute
B) stop measuring performance for the attribute
C) redefine performance criteria
D) investigate data collection methods
2. ISO 9001 standards are best used to:
A) ensure high quality products are delivered to customers, although it does not yet include service aspects
B) demonstrate to the market that goods and services have the highest level of quality and should be considered ×?â?¬Ë?best in class×?â?¬â?¢
C) provide documentation of adherence to quality standards for a firm×?â?¬â?¢s suppliers to avoid issues with conflict minerals
D) demonstrate the ability to meet customer×?â?¬â?¢s requirements and engage in quality improvement
3. A firm produces goods that are subject to frequent customer design changes. The products are sold to a few distributors who sell to a large number of retailers. In this situation, which of the following represents the best approach for which the firm should produce those goods?
A) Using a push strategy to replenish the distributors
B) Using a pull strategy based on retailer sales
C) Using a push strategy based on retailer sales
D) Using a pull strategy to replenish the distributors
4. In an effort to reduce total cost of ownership (TCO), a company is outsourcing a major component to an overseas supplier. What is the most appropriate action to reduce supply chain risk?
A) Increase forecast accuracy
B) Deploy strategic inventory buffers
C) Invest in redundant manufacturing process
D) Negotiate a competitive cost contract for transportation
5. Throughout most of the supply chain, safety stock will be de-emphasized as a result of improved:
A) cycle stock
B) planning
C) supply
D) information
1. Right Answer: C
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: A
Explanation:
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: A
Explanation:
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