What effect does component standardization have on inventory turnover ratio?
A. It increases the turns.
B. It decreases the turns.
C. It has no effect on turns.
D. It produces variable turns.
Which of the following elements describes the evaluation of suppliers by common characteristics?
A. Division
B. Segmentation
C. Partition
D. Collaborative
A company imports subassemblies to complete as finished goods. A substantial portion of this product goes to the export market. The organization might best reduce its expenses for the product by:
A. changing its harmonized tariff codes.
B. creating a free trade zone (FTZ).
C. using the same broker to handle imports and exports.
D. negotiating free alongside ship (FAS) Incoterms? for its imports.
A green purchasing strategy is employed by organizations to:
A. ensure United Nations (UN) Global Compact fair trade practices are followed.
B. purchase products that meet environmental objectives.
C. purchase products that promote ISO 14000 principles.
D. improve product quality.
A warehouse management system (WMS) typically manages the storage of goods and:
A. workflow in the warehouse.
B. transportation schedules.
C. warehouse employee schedules.
D. supply chain inventory levels.
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)
The factors to consider in the make-or-buy decision include costs, proprietary knowledge, and:
A. design history.
B. supply risk.
C. inventory balance.
D. system integration.
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.
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.
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.
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only APICS exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your CSCP exam preparations and APICS certification application, do not hesitate to visit our Vcedump.com to find your solutions here.