APICS APICS Certifications CSCP Questions & Answers

• Question 951:

  All of the following are important aspects to consider when evaluating the nature of demand for products EXCEPT:

  A. product life cycle

  B. demand predictability

  C. product variety

  D. production requirements

  E. market standards for lead times

  Correct Answer: D

• Question 952:

  All of the following are characteristics of functional products EXCEPT:

  A. stable demand

  B. predictable demand

  C. 10% to 25% forced end-of-season markdown

  D. long product life cycles

  E. lower profit margins

  Correct Answer: C

• Question 953:

  Market responsive supply chains have all of the following characteristics EXCEPT:

  A. suppliers selected primarily for speed, flexibility, and quality

  B. deploy excess buffer capacity

  C. shorten lead time as long as it doesn't increase cost

  D. respond quickly to unpredictable demand in order to minimize stockout, forcedmarkdowns,and obsolete inventory

  E. use modular design in order to postpone product differentiation for as long as possibleProduct?

  Correct Answer: C

• Question 954:

  Physically efficient supply chains have all of the following characteristics EXCEPT:

  A. supply predictable demand efficiently at the lowest possible cost

  B. suppliers are selected primarily for speed, flexibility, and quality

  C. generate high turns and minimize inventory

  D. maintain high average utilization rate

  E. maximize performance and minimize cost

  Correct Answer: B

• Question 955:

  Which of the following are correct matches of supply chain types with product types?

  A. I and IV

  B. II and III

  C. I, II, and IV

  D. I, II, III, and IV

  Correct Answer: A

• Question 956:

  Functional products have all of the following characteristics EXCEPT:

  A. predictable demand

  B. product life cycle of more than 2 years

  C. average forced end-of-season markdown of 10% to 25% of full price

  D. low product variety

  E. average stockout rates of 1% to 2%

  Correct Answer: C

• Question 957:

  Innovative products have all of the following characteristics EXCEPT:

  A. unpredictable demand

  B. product life cycle of 3 months to 1 year

  C. high product variety

  D. average stock-out rates of 1% to 2%

  E. 1 day to 2 weeks lead time required for made- to-order products

  Correct Answer: D

• Question 958:

  All of the following are primary purposes of a market responsive supply chain process EXCEPT:

  A. respond quickly to unpredictable demand

  B. minimize stockout

  C. maintain high average utilization rate

  D. minimize forced markdowns

  Correct Answer: C

• Question 959:

  What is/are the distinct types of supply chain functions?

  A. physical function

  II. demand predictability function

  III. market mediation function

  B. I

  C. II

  D. I and III

  E. II and III

  F. I, II and III

  Correct Answer: C

• Question 960:

  Which of the following is most likely a root cause of problems plaguing many supply chains?

  A. high number of suppliers

  B. product life cycle

  C. demand unpredictability

  D. mismatch between type of product and the type of supply chain

  Correct Answer: D