APICS APICS Certifications CSCP Questions & Answers

• Question 311:

  Which of the following product records is internationally recognized for providing detailed categorization and descriptions?

  A. Stock keeping unit (SKU)

  B. Electronic product code (EPC)

  C. Harmonized system classification code

  D. Universal product code (UPC)

  Correct Answer: C

• Question 312:

  A company that is effectively managing its cash will have which of the following conditions?

  A. Low accounts receivable, low inventory, high accounts payable

  B. High accounts receivable, low inventory, high accounts payable

  C. Low accounts receivable, high inventory, low accounts payable

  D. High accounts receivable, high inventory, low accounts payable

  Correct Answer: A

• Question 313:

  A company has applied lean thinking and tools to its internal operations over the last several years. The company is now concerned about its ability to recover from a supply disruption. Which of the following actions would be most appropriate for the company to take to increase its resiliency?

  A. Arrange for multiple sources for key components.

  B. Maintain 1 week's supply of safety stock for key components.

  C. Require the suppliers of key components to maintain safety stock.

  D. Add capacity to enable quick recovery from a disruption.

  Correct Answer: A

• Question 314:

  Due diligence for conflict- or high-risk-materials should include which of the following processes:

  A. a method to track the country of origin of materials when they leave the country.

  B. a system of controls and transparency regarding the traceability of materials through the supply chain.

  C. certification primarily by companies that are selling directly to consumers about the firm's tier one suppliers.

  D. ability to provide documentation of the source materials when they are imported into United Nations countries.

  Correct Answer: B

• Question 315:

  Which of the following types of risk typically would be most difficult to plan for and mitigate?

  A. Currency fluctuation

  B. Forecast error

  C. Geopolitical

  D. Supplier performance

  Correct Answer: C

• Question 316:

  Which of the following principles is included in the United Nations (UN) Global Compact?

  A. Trading blocs

  B. Anti-corruption

  C. Risk management

  D. Accounting standards

  Correct Answer: B

  Reference: https://www.unglobalcompact.org/what-is-gc/mission/principles

• Question 317:

  A company that has selected the hybrid production method has multiple alternatives for the timing of activating and deactivating capacity. The inventory carrying costs and which of the following categories of costs would typically be relevant in the analysis of the alternatives?

  A. Strategic sourcing

  B. Capital tooling

  C. New employee training

  D. Fixed plant

  Correct Answer: B

• Question 318:

  A new supplier in a different country will offer substantial savings on existing components. Which part of the organization should be consulted to ensure this is a good strategy for the firm?

  A. Logistics

  B. Human resources

  C. Marketing

  D. Information technology

  Correct Answer: A

• Question 319:

  Which of the following responses to risk best describes the evolving concept of flexibility in supply chain risk management?

  A. The practice of adjusting capacities in a manufacturing environment

  B. The ability to react quickly to changes or events while maintaining customer service levels

  C. The ability to produce high volume stock keeping units (SKUs) in multiple locations

  D. The ability to produce complex configurations of a product within the standard lad time

  Correct Answer: B

• Question 320:

  An effective company strategy results when combining innovative products with:

  A. an efficient supply chain.

  B. a responsive supply chain.

  C. accurate forecasts.

  D. high inventory levels.

  Correct Answer: B