CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
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APICS Certified Supply Chain Professional CSCPPractice Questions 2023 - Part 32
1. The most important challenge to consider when sourcing globally is:
A) the identification of sources capable of producing the materials.
B) the availability of low-cost labor and energy.
C) complying with specific import/export issues.
D) balancing the difference between piece price and total cost.
2. A toy company decides to buy more products from an overseas company to reduce costs. To make sure that goods clear customs more quickly, the company most likely would engage a:
A) consolidator.
B) overseas carrier.
C) shipping association.
D) freight forwarder.
3. When an importer and manufacturer are operating in a free trade zone, payment of a customs duty is triggered when products are:
A) returned.
B) assembled.
C) stored.
D) distributed.
4. An increase in the inventory turnover rate for a supply chain typically would indicate that there has been a reduction in:
A) prices to the end user.
B) supply chain cost of sales.
C) the manufacturer's inventory.
D) the total supply chain inventory.
5. 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?
A) Produce both product families to forecast and push through the distribution system.
B) Produce both product families only after receipt of a distributor order.
C) Produce the current product family to forecast and the new product family to order.
D) Produce the current product family to order and the new product family to forecast.
A) the identification of sources capable of producing the materials.
B) the availability of low-cost labor and energy.
C) complying with specific import/export issues.
D) balancing the difference between piece price and total cost.
2. A toy company decides to buy more products from an overseas company to reduce costs. To make sure that goods clear customs more quickly, the company most likely would engage a:
A) consolidator.
B) overseas carrier.
C) shipping association.
D) freight forwarder.
3. When an importer and manufacturer are operating in a free trade zone, payment of a customs duty is triggered when products are:
A) returned.
B) assembled.
C) stored.
D) distributed.
4. An increase in the inventory turnover rate for a supply chain typically would indicate that there has been a reduction in:
A) prices to the end user.
B) supply chain cost of sales.
C) the manufacturer's inventory.
D) the total supply chain inventory.
5. 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?
A) Produce both product families to forecast and push through the distribution system.
B) Produce both product families only after receipt of a distributor order.
C) Produce the current product family to forecast and the new product family to order.
D) Produce the current product family to order and the new product family to forecast.
1. Right Answer: D
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: D
Explanation:
4. Right Answer: D
Explanation:
5. Right Answer: C
Explanation:
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: D
Explanation:
4. Right Answer: D
Explanation:
5. Right Answer: C
Explanation:
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