ExamGecko
Search Search Login
Home Home / APICS / CSCP
Question list
Search
Search

List of questions

Search
Open VPLUS File
Convert VPLUS to PDF

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:
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?
Which of the following elements of total quality management (TQM) results in a lower overall cost of the product?

Question 370 - CSCP discussion

Report
Export

A company has applied lean thinking and tools to its internal operations over the last several years. The company is now concerned about its ability to recover from a supply disruption. Which of the following actions would be most appropriate for the company to take to increase its resiliency?

A.
Arrange for multiple sources for key components.
Answers
A.
Arrange for multiple sources for key components.
B.
Maintain 1 week's supply f safety stock for key components.
Answers
B.
Maintain 1 week's supply f safety stock for key components.
C.
Required the suppliers of key components to maintain safely stock
Answers
C.
Required the suppliers of key components to maintain safely stock
D.
Add capacity to enable quick recovery from a disruption
Answers
D.
Add capacity to enable quick recovery from a disruption
Suggested answer: A

Explanation:

To increase resiliency and recover from supply disruptions, arranging for multiple sources for key components is the most appropriate action. Having multiple suppliers reduces dependency on a single source, thereby mitigating the risk of supply chain interruptions due to issues such as natural disasters, political instability, or other unforeseen events affecting one supplier. Maintaining safety stock (B) and requiring suppliers to maintain safety stock (C) provide short-term buffers but do not address long-term resilience. Adding capacity (D) can help in recovery but is often more costly and complex than diversifying the supplier base.

Chopra, S., & Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation. Pearson.

Sheffi, Y. (2005). The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage. MIT Press.

Show Answer
asked 16/09/2024
Aline Oliveira
40 questions
PreviousPreviousNextNext
User
Your answer:
0 comments
Sorted by

Leave a comment first

ExamGecko

Copyright @2023 ExamGecko | All right reserved

Mail us: [email protected]
About us
Contact us
Twitter X
Facebook
Medium
Convert VPLUS to PDF
Open VPLUS files Easily and Quickly
Privacy Policy
Disclaimer
Terms