APICS CSCP Practice Test - Questions Answers, Page 30

A company has designed its supply chain so that financial losses in one part of the supply chain will be offset by gains in another part. The company is employing which of the following strategies to address global risk?

Which of the following actions by trading partners will likely reduce the goods that will be processed by the reverse supply chain?

In order to bring a new product to market quickly while maximizing customer value and minimizing costs, a company should leverage:

Quality function deployment (QFD) is a methodology designed to ensure that:

Which of the following objectives is a major principle of theory of constraints (TOC) accounting when applied to a supply chain?

The design process by which a firm structures and manages the supply chain to achieve optimization is called:

A company distributes its products through wholesale, retail stores, and its e-commerce website. Inventory and demand forecasting for each channel is managed separately. The company is experiencing high levels of obsolete inventory. Which of the following strategies is most likely to reduce the levels of obsolescence?

For an item with high profit impact and low supply risk, what would be a likely procurement strategy to support the overall supply strategy?

Which of the following factors typically is most important to a company that uses the chase production strategy when evaluating potential suppliers for a component?