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APICS CSCP Practice Test - Questions Answers, Page 26

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Question 251

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

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Question 252

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Which of the following documents includes the valuation of goods for assessment of duties?

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Question 253

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Products that share characteristics of predictable demand and low profit margin will have competition based on which of the following?

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Question 254

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

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Question 255

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

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Question 256

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A company would like to benchmark its inventory levels against other companies. Which of the following metrics is best to use for this purpose?

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Question 257

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Sustainable business practices are those capable of meeting the:

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Question 258

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

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Question 259

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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?

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Question 260

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The use of standardized components typically results in:

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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?