APICS APICS Certifications CSCP Questions & Answers

• Question 341:

  The globalization of a supply chain typically increases challenges in communication and:

  A. production lead time.

  B. local competition.

  C. documentation complexity.

  D. product standardization.

  Correct Answer: C

• Question 342:

  A company with a fleet of trucks is considering using a third-party logistics (3PL) provider to distribute a new product. Which of the following benefits most likely will result?

  A. Fewer tax implications

  B. Limited exposure to regulatory violations

  C. Fixed delivery costs

  D. Better market accessibility

  Correct Answer: D

• Question 343:

  Which of the following cost elements typically would be included in the cost of carrying inventory?

  A. Scrap during production

  B. Depreciation of product equipment

  C. Direct materials

  D. Obsolescence

  Correct Answer: D

• Question 344:

  A company is seeking to attract recent college graduates as customers. Which of the following market characteristics should the company use in order to segment its customers?

  A. Geographic

  B. Demographic

  C. Price sensitivity

  D. Cultural

  Correct Answer: B

• Question 345:

  A key assumption of the economic order quantity (EOQ) is that:

  A. future demand cannot be projected.

  B. the rate of demand is continuous and constant.

  C. reorder frequency is fixed.

  D. as the lot size decreases, the setup cost per unit decreases.

  Correct Answer: B

  Reference: http://financialmanagementpro.com/economic-order-quantity-eoq-model/

• Question 346:

  Which of the following actions is most likely to improve the flow of funds between a group of supply chain partners?

  A. Increasing the level of information sharing and collaboration

  B. Negotiating a single set of terms for the trading partners

  C. Increasing a partner's cash-to-cash cycle time

  D. Selecting a single currency for all group transactions

  Correct Answer: A

• Question 347:

  Kaizen is a process used in supply chain networks primarily to achieve:

  A. long-term stability of suppliers.

  B. radical changes in interorganizational processes.

  C. higher profits for the dominant member.

  D. improved performance.

  Correct Answer: D

  Reference: https://mexicomlogistics.com/how-to-start-applying-the-kaizen-principles-in-logistics-and-supply-chain/

• Question 348:

  Sell-side e-commerce must include:

  A. automated returns processing.

  B. advance ship notice (ASN).

  C. electronic data interchange (EDI).

  D. automated order entry and tracking.

  Correct Answer: C

• Question 349:

  A third-party logistics (3PL) provider most likely will add the greatest contributed value in the supply chain by:

  A. allowing a company to improve focus on core competencies.

  B. lowering a company's logistics budget.

  C. enhancing a company's own logistics organization.

  D. increasing a company's transportation assets.

  Correct Answer: A

• Question 350:

  Which of the following inputs is used in developing a project charter?

  A. Business case

  B. Work breakdown structure

  C. Project management plan

  D. Proposed solutions

  Correct Answer: A