Which of the following measures best describes fill rate?

Percentage of demand satisfied by available inventory

Ratio of available inventory to cost of goods sold (COGS)

Ratio of cost of goods sold to available inventory

Percentage of demand satisfied by available inventory

Percentage of closed orders to total orders

Which of the following statements regarding transportation negotiation is correct?

The lowest possible rate must be consistent with the level of service required.

The lowest possible cost for transportation is the lowest total cost of logistics.

The lowest possible rate must be consistent with the level of service required.

The key to effective negotiation is to maximize distributor profitability.

The key to building solid career relationships is the acceptance of a carrier's rate.

Enterprise resources planning (ERP) is defined as a:

framework for organizing, defining, and standardizing business processes to use its internal knowledge to seek external advantage.

production control system that determines priorities of in-process work.

software module used to determine whether sufficient capacity is available to ship customer orders on time.

process whereby sales, marketing, and operations determine what products will be sold and what resources will be required for production.

The use of break-bulk warehouses allows for reduced transportation costs by receiving:

large shipments and arranging for distribution to locations as smaller shipments.

sorting multiple receipts for outgoing shipments based on final destination.

converting individual pallets of goods into truckloads (TLs).

staging products for delayed delivery to customers.

The purpose of Incoterms is to establish common:

contracts for trade within the supply chain.

software system terminology between supply chain partners.

contracts for trade within the supply chain.

company communication channels within the supply chain.

quality measures for use in the supply chain.

Which of the following statements about warehouse layout and storage is correct?

A typical warehouse is engaged in a combination of short term and extended storage alternatives.

Product weight is the major factor driving warehouse layout.

Products with low volume are typically placed at the lower level in storage racks.

Warehouses that utilize fixed locations storage typically minimize space requirements.

A typical warehouse is engaged in a combination of short term and extended storage alternatives.

Replacing a raw material in a manufacturing process with an alternate material that reduces emissions is an example of using:

the global reporting initiative e (GRI).

When determining lot sizes, consideration should be given to balancing which of the following costs?

Ordering costs and carrying costs

Quality costs and product costs

Cost of goods sold (COGS) and indirect labor costs

Ordering costs and carrying costs

A key challenge in managing the supply chain for an innovative product is that:

product demand will be volatile.

contribution margins will be slim.

the product life cycle will be long.

product demand will be volatile.

inventory levels must be minimal.

Bullwhip effect can be reduced by which of the following combinations of actions?

Information sharing, frequent ordering, consistent pricing

Information sharing, batch ordering, variable pricing

Shortage gaming, frequent ordering, consistent pricing

Information sharing, frequent ordering, variable pricing

Information sharing, frequent ordering, consistent pricing

Sustainable business practices are those capable of meeting the:

needs of the present while considering the needs of the future.

environmental protection requirements of today.

requirements of producing products with minimum resources.

environmental protection requirements of the future.

needs of the present while considering the needs of the future.

Which of the following elements typically is considered to be an output of demand planning?

Product family and item forecasts

Transportation routes and schedules

Product family and item forecasts

Customer historic tracking report

A pattern of increased shipments from manufacturing plants to a central warehouse at month-end and quarter-end typically would cause which of the following situations in a central warehouse?

Fluctuation in required labor resources

Decreased use of storage capacity

The use of standardized components typically results in:

fewer inventory items and inventory levels.

increased planning and control efforts to avoid shortages.

fewer inventory items and inventory levels.

more items, larger bills of material (BOMS), and increased material requirements planning (MRP) run time.

smaller bills of materials, fewer routings, and fewer manufacturing orders.

An organization is striving to improve the transfer of multiple levels of data about products and services to trading partners in the supply chain network. Which of the following solutions is most appropriate?

Enterprise resources planning (ERP)

Advanced planning and scheduling (APS)

The process of continuous improvement can be defined best as a continuous effort to:

concurrently improve performance on several measures through incremental improvements.

eliminate root causes of waste through incremental improvements.

eliminate root causes of problems through radical changes.

reduce direct and indirect costs through incremental changes.

A manufacturing company has several inexpensive items that are critical to the production process. The supply of these items has been depleted several times. Which of the following actions is most likely to reduce stockouts?

Increase minimum inventory levels for the items.

Assign personnel to manage the items.

Increase minimum inventory levels for the items.

Initiate a vendor-managed inventory (VMI) program for the items.

Effective data acquisition for supply chain management requires:

identification of the proper supply chain profile for the product type.

establishment of market standards for forecasting accuracy.

establishment of a six-segment matrix classifying function and innovation.

identification of products that have market predictability.

identification of the proper supply chain profile for the product type.

The primary business advantage of developing an international supply chain is to:

realize economies of scale in production and distribution.

limit the number of component suppliers.

realize economies of scale in production and distribution.

A well-grounded program in which a company focuses on customer success involves:

a thorough understanding of individual customers' requirements.

a commitment to focus on short-term business relationships.

a focus on relationships having high profitability and low potential for growth.

making similar commitments to customers in order to maintain lasting relationships.

One of the key benefits of adopting a lean supply chain philosophy is the reduction of inventories that allow:

freeing up working capital for investment.

reduced material handling surcharges.

Which of the following measures of a supply chain performance is most desirable from a stockholder perspective?

Velocity and return on assets (ROA)

Which of the following factors is a measure of supply chain reliability?

Upside supply chain flexibility

Downside supply chain adaptability

APICS CSCP Practice Test 7 - Free Online Exam Prep & Questions

Spam

Selling illegal goods, money scams etc.

Hate Speech

Serious attack on a group.

Harassment and bullying

Harassing an individual (including doxing)

Harmful activities

Threatening or glorifying violence or serious harm, including self-harm

Adult content (Consensual)

Nudity/Sexual content

Sexual exploitation and abuse (child safety)

Sexually explicit or suggestive imagery or writing involving minors

Sexual exploitation and abuse (adults and animals)

Sexually explicit or suggestive imagery or writing involving non-consenting adults or non-humans

Plagiarism

Reusing content without attribution (link and blockquotes)

Poorly written

Not in English or has very bad formatting, grammar, and spelling

Inappropriate credential

Author's credential is offensive, spam, or impersonation

Other

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