APICS APICS Certifications CSCP Questions & Answers

• Question 81:

  The primary objective of inventory planning is to determine:

  A. when to order and how much to order.

  B. required inventory levels per warehouse location.

  C. ideal layout of a warehouse.

  D. inventory carrying costs.

  Correct Answer: A

  Inventory planning is primarily concerned with ensuring that the right amount of inventory is available at the right time.

• Question 82:

  Which of the following types of contract tends to give both the buyer and seller some flexibility in that it allows for deviation from performance?

  A. Fixed-price contract with escalation

  B. Fixed-price contract with incentives

  C. Fixed-price contract with economic price adjustment

  D. Fixed-price contract with award fee

  Correct Answer: B

• Question 83:

  Which of the following benefits is most likely to result when a company decides to consolidate its warehousing operations?

  A. Reduced number of total shipments

  B. Lower outbound transportation costs

  C. Ease of management

  D. Better customer responsiveness

  Correct Answer: C

• Question 84:

  One of the benefits of utilizing ISO 31000 for a company is that it:

  A. eliminates the probability of identified risks.

  B. serves as proof of the organization's environmental practices.

  C. increases organizational risk awareness.

  D. ensures the physical security of modes of transportation and storage.

  Correct Answer: C

• Question 85:

  What type of supplier is most appropriate for commodities that may create bottlenecks?

  A. Transactional supplier

  B. Category-preferred supplier

  C. Strategic supplier

  D. Routine supplier

  Correct Answer: C

• Question 86:

  Which of the following challenges is a major concern when sourcing globally if a contract requires significant local content percentage?

  A. Identifying sources capable of producing the materials

  B. Protecting the firm's intellectual property

  C. Communicating with suppliers and transportation companies

  D. Guaranteeing the security of product in transit

  Correct Answer: A

• Question 87:

  Which of the following benefits may be realized by participating within a trading bloc?

  A. Members of the trading bloc will pay the same tariffs as non-members.

  B. Small companies have incentives to produce and sell products within a trading bloc.

  C. Member countries within the trading bloc have barriers reduced or removed.

  D. Trading blocs are generally geographically close.

  Correct Answer: C

• Question 88:

  Customer relationship management (CRM) technology is designed to:

  A. accept customer orders in a wide range of formats.

  B. make inventory stocking decisions based on customers' past purchases.

  C. extend the functionality of the enterprise resources planning (ERP) software.

  D. develop optimal functional design for the end user.

  Correct Answer: A

• Question 89:

  Which of the following market research methods seeks to find commonalities in various groups of consumers?

  A. Focus group analysis

  B. Secondary market data analysis

  C. In-depth interviews

  D. Market segmentation analysis

  Correct Answer: D

• Question 90:

  Which of the following reasons supports dividing component purchases among numerous suppliers instead of utilizing a single supplier for multiple components?

  A. Different suppliers enable averaging overall purchase pricing, allowing for more accurate product costing.

  B. Different suppliers tend to protect any one supplier from access to overall design intellectual property.

  C. Fewer supplier product requirements allow each supplier to focus major efforts on required product quality.

  D. Each supplier will be more responsive as they attempt to be recognized and approved for additional purchasing.

  Correct Answer: B