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Question 1

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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 cu

Question 2

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A group of trading partners that produce and distributes supplies to commercial and industrial customers has decided to pursue competitive advantage by being responsive to customers' needs. The most

Question 3

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Attaching a fuel tank cap to a fuel tank door on a car is an example of which of the following lean techniques?

Question 4

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When evaluating several possible supply chain options, a firm considering the minimal total cost should:

Question 5

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A primary objective of a lean enterprise is to:

Question 6

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Cost reduction, improvement of company focus, and freeing assets from noncore activities are among the results achieved through effective implementation of:

Question 7

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A company has significant cash invested in its finished goods inventories. What action can this company take to significantly reduce its inventory investment while maintaining its customer service l

Question 8

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A company distributes products through a multitiered distribution network. Recently there has been high demand variability for a mature product that had experienced stable demand for several years.

Question 9

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Which mode of long distance transportation would cost the least per ton mile?

Question 10

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Which of the following costing approaches directly reflects logistics performance?

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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:

The purpose of price differentiation is to:

In a make-or-buy decision, if the product is modular and the company is dependent on knowledge and capacity, outsourcing most likely will be:

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:

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

Supply chains delivering products or services are most able to respond quickly to changing market requirements when:

Throughout most of the supply chain, safety stock will be de-emphasized as a result of improved:

The primary risk associated with outsourcing innovative components to suppliers is:

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

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?

Question 216 - CSCP discussion

Report

A procurement manager wants to reduce costs on commodity items. Which of the following actions is likely to result in the greatest savings?

A.

Conducting a supplier review and recertification

B.

Renegotiating contracts with commodity suppliers

C.

Standardizing and eliminating redundant items

D.

Leveraging group purchasing power

Show Answer

asked 16/09/2024

Vusani Nedzungani

50 questions

User

Your answer: A B C D

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