The production scheduler for a bottleneck resource should:

ensure a constant queue of work waiting to be processed.

schedule additional preventive maintenance for the resource.

ensure a constant queue of work waiting to be processed.

increase production lot sizes to increase utilization of resources.

implement pull signals for production of the bottleneck resource.

Which of the following actions is most appropriate when implementing a strategy to create customer-affordable value?

Use a more rapid transportation mode.

Which of the following objectives is the primary driver in the design and implementation of lean process management?

Satisfying customer requirements

Reducing the level of inventory

Decreasing the cash-to-cash cycle

Integrating processes between departments

Satisfying customer requirements

Value stream mapping provides the most benefit when:

identifying nonvalue-added activities.

analyzing customer requirements.

identifying nonvalue-added activities.

implementing an information technology strategy.

A supplier has decided to improve its forecast accuracy by reducing the information lead time from the retailer. Which of the following actions would be most appropriate to achieve the desired result?

Utilizing electronic data interchange

Eliminating sales and promotions

Decentralizing demand information

Utilizing electronic data interchange

Which of the following activities is critical to successful synchronization of supply and demand throughout a supply chain?

Placing large orders to obtain lower prices

Reducing the number of deliveries

Maintaining increased inventories

Which of the following actions is most likely to improve the cash-to-cash cycle time?

Implement vendor-managed inventory (VMI) with key suppliers

Find suppliers with lower total cost of ownership (TCO)

Implement vendor-managed inventory (VMI) with key suppliers

Implement vendor-managed inventory (VMI) with key customers

Establish targeted promotions for the most profitable market segments

Which of the following actions typically is most important when building a collaborative supply chain?

Integrating information systems

A procurement manager wants to reduce costs on commodity items. Which of the following actions is likely to result in the greatest savings?

Leveraging group purchasing power

Conducting a supplier review and recertification

Renegotiating contracts with commodity suppliers

Standardizing and eliminating redundant items

Leveraging group purchasing power

A company has recently implemented a vendor-managed inventory (VMI) program with several key suppliers but quality issues are disrupting production. Which of the following actions would be more effective in dealing with these issues?

Implement a supplier certification program

Implement quality inspection at the receiving dock

Charge back to the supplier the rework and scrap costs

A manufacturer has direct relationships with its tier 1 suppliers. Which of the following supplier capabilities is a benefit to the manufacturer establishing a direct relationship with lower-tier suppliers?

Provides information about impending shifts in the economy

Provides components with short lead times

Provides Just in Time deliveries

Provides information about impending shifts in the economy

Which of the following metrics would be most appropriate for a group of trading partners that is trying to gain competitive advantage through supply chain reliability?

Value-added productivity per employee

A firm has increased finished-goods inventories for several products to compensate for increased variability in demand. The firm analyzed shipment data and determined that the variability was due to a few customers placing large orders for single shipments to obtain discounts. Which of the following actions is the firm most likely to take to maintain sales and reduce variability in demand?

Encouraging high-volume customers to place blanket orders

Reducing discounts for large orders

Encouraging high-volume customers to place blanket orders

Implementing extrinsic forecasting methods

Increasing the level of safety stock on high-volume products

The most useful inventory costing method which enables purchase price variance analysis is:

last in first out (LIFO) costing.

first in first out (FIFO) costing.

The purchasing manager of a company wants to minimize stock-outs as well as obsolete inventory. Which of the following tools needs to be implemented?

Advanced planning and scheduling (APS)

Business-to-business integration software

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?

Well-developed reverse logistics

Monitoring the retailer's revenue

Sales incentives to reward the retailer

A company exports products to emerging markets. Which of the following approaches would be used to enhance compliance, minimize risks, and connect supply chain activities?

Distribution requirements planning

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?

Increasing order-fulfillment lead times

Increasing prices with a 30-day effective date

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

Percentage of orders delivered on time

Retail inventory days of supply

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?

Sales and operations planning (S&OP)

Advanced planning and scheduling (APS)

Supplier relationship management (SRM)

Customer relationship management (CRM)

Which of the following statements represents a major assumption needed to effectively use days of supply as a measure?

The forecast for the item usage is reasonably accurate.

The reorder point for the inventory has been calculated correctly.

The forecast for the item usage is reasonably accurate.

The item is in the growth phase of the product life cycle.

The item is subjected to statistical process control (SPC) during production.

Which of the following methods is used to minimize the bullwhip effect?

Outsourcing noncore business activities

Reducing the number of stock keeping units (SKUs)

Requirements for successful application of a demand-driven supply network include:

demand synchronization between stakeholders.

automatic communications of data from point-of-sale (POS) terminals.

safety stock determined jointly by suppliers and customers.

supply provided by a single source.

In the analysis of costs, fixed costs are those that are:

independent of the volume of output.

dependent on the utilization of the asset.

inversely proportionate to the volume of output.

constant through the useful life of the asset.

Which of the following actions by a group of trading partners is most likely to quickly improve their economic performance?

Implementing collaborative interorganizational systems

Developing a comprehensive product and service strategy

Implementing collaborative interorganizational systems

Outsourcing interorganizational business processes

Redesigning product packaging to reduce volume and weight

APICS CSCP Practice Test 6 - Free Online Exam Questions 201-240

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