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APICS CSCP Practice Test - Questions Answers, Page 53

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Question 521

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The main purpose of market research for supply chain design is to identify:

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Question 522

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Sourcing via an internet-based trading exchange would be most appropriate for which of the following types of raw materials?

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Question 523

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Goods can enter a country, undergo further modification, and then be exported without paying customs duties via which of the following designations?

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Question 524

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Which of the following risks is associated with outsourcing?

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Question 525

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Which of the following technologies best enables pulling products through the supply chain?

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Question 526

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The practice of supply chain members acting in close collaboration while retaining independent ownership is known as:

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Question 527

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Which of the following statements best describes a fundamental requirement for developing and maintaining good business relationships in an effective supplier partnership?

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Question 528

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Implementing customer relationship management (CRM) will enable a company to:

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Question 529

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When lead time is short and demand is known for a product group, what type of supply chain strategy is best to implement?

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Question 530

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Which of the following continuous improvement tools would be most appropriate to sequence a series of improvement ideas based on an agreed-upon weighted criteria?

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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:
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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?