APICS APICS Certifications CSCP Questions & Answers

• Question 691:

  All of the following are common reasons to alter a supply chain strategy EXCEPT:

  A. change in the market

  B. change in the business direction

  C. anticipated change in the market

  D. change in 3PL

  Correct Answer: D

• Question 692:

  All of the following are components of the "three Vs" of supply chain management EXCEPT:

  A. visibility

  B. vitality

  C. velocity

  D. variability

  Correct Answer: B

• Question 693:

  A company is considering relocating production to a lower-wage country. Volatility in which of the following areas most likely would impact profitability without modifying product landed costs?

  A. Labor costs

  B. Currency exchange rates

  C. Commodity prices

  D. Product quality

  Correct Answer: B

• Question 694:

  Which of the following is true about supply chain management (SCM)?

  A. no organizations have a SCM department

  B. few organizations have a SCM department

  C. most organizations have a SCM department

  D. all organizations have a SCM department

  Correct Answer: B

• Question 695:

  A company is aggressively pursuing improvements in the financial performance of its supply chain. The company should first focus its efforts on which of the following metrics?

  A. Process takt time

  B. Cycle count accuracy

  C. Number of inventory turns

  D. Number of first-tier suppliers

  Correct Answer: C

• Question 696:

  A company develops annual forecasts for key products and enters into annual contracts with key suppliers based on the forecasts. Which of the following benefits would the company most likely receive from this approach?

  A. Shorter delivery lead times

  B. Lower prices

  C. Improved service

  D. Higher-quality products

  Correct Answer: B

• Question 697:

  A company recently faced an increase in backorders. The company's marketing department recently ran a sales promotion. The purchasing and planning departments were not aware of the promotional activity. Which of the following processes will help to solve this type of problem in the future?

  A. Sales and operations planning (SandOP)

  B. Advanced planning and scheduling (APS)

  C. Supplier relationship management (SRM)

  D. Customer relationship management (CRM)

  Correct Answer: A

• Question 698:

  Which of the following metrics is the most appropriate measure of supply chain responsiveness?

  A. Order fulfillment lead times

  B. Percentage of orders delivered on time

  C. Retail inventory days of supply

  D. Upside production flexibility

  Correct Answer: D

• Question 699:

  A company has adequate average available capacity but does not maintain surge capacity. With a distribution route to manage, which of the following actions will provide the most capacity relief?

  A. Increasing order-fulfillment lead times

  B. Implementing allocation

  C. Increasing prices with a 30-day effective date

  D. Increasing product queue times

  Correct Answer: A

• Question 700:

  A large retailer has negotiated buyback contracts with several suppliers. The suppliers typically will need which of the following systems to effectively implement the contracts?

  A. Point-of-sale tracking

  B. Well-developed reverse logistics

  C. Monitoring the retailer's revenue

  D. Sales incentives to reward the retailer

  Correct Answer: B