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APICS CSCP Practice Test - Questions Answers, Page 14

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Question 131

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Allowing for organizational restructuring is an example of which of the following steps in creating successful strategic alliances among suppliers?

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Question 132

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A company that has consistently achieved a high level of on-time delivery performance has decided to reduce its inventory level significantly. Which of the following outcomes is the most likely effect of that decision on the company's on time delivery performance?

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Question 133

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What is the primary benefit of using a central storage warehouse for all components rather than using point-of-use storage?

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Question 134

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The customer who provides point-of-sale data remains the sole decision-maker regarding order quantities when what type of inventory strategy is used?

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Question 135

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Which of the following statements about the use of bar code labels for product identification in the supply chain is true?

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Question 136

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Inventory parameters established using analytic inventory techniques typically are based on balancing:

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Question 137

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A firm is undertaking a revision of its financial metrics to make them more comprehensive and has decided to use metrics such as return on investment (ROI), return on assets (ROA), and economic value added (EVA). This is an example of utilizing which of the following types of metrics?

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Question 138

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Which of the following ISO standards is used to assist organizations with sustainable development?

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Question 139

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The mission of the global reporting initiative (GRI) is to provide a:

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Question 140

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An effective procurement strategy for commodity products should focus on:

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Related questions

A company finds that one of its warehouses is out of capacity to store products. Expanding the physical size of the warehouse is not an option. The most appropriate solution would be to increase the:
A company's annual cost of goods sold is $350 million, and inventory carrying cost is 18%. The company averages four inventory turns. The cost savings resulting from increasing inventory turns from four to six would be:
Which of the following measures would be an appropriate indicator of the marketing and sales organization's support of the sales and operations planning (S&OP) process?
A company considers moving a portion of its production to a distant country to support a major customer. Which of the following actions is most effective in mitigating the risk of financial loss in the event of a global economic downturn?
Which of the following tools would help a team of operators to prioritize causes of equipment failures?
Which of the following forecasting techniques is most appropriate when data is scarce?
Which of the following statements defines the function of the bill of lading (B/L)?
Which of the following activities is an aspect of proper demand management?
Cash-to-cash cycle time is a measure of a firm's:
A company produces and distributes a family of soft drinks in a single country. It has developed and will introduce a new family of soft drinks for weight- and health-conscious individuals. There currently are no competitors with nationwide distribution for this category of soft drinks. Which of the following supply chain strategies would be most appropriate for the two product families?