APICS Certified Supply Chain Professional CSCPPractice Questions 2023 - Part 47

1. Which of the following responses to risk best describes the evolving concept of flexibility in supply chain risk management?

A) The practice of adjusting capacities in a manufacturing environment
B) The ability to react quickly to changes or events while maintaining customer service levels
C) The ability to produce high volume stock keeping units (SKUs) in multiple locations
D) The ability to produce complex configurations of a product within the standard lad time



2. Which of the following principles is included in the United Nations (UN) Global Compact?

A) Trading blocs
B) Anti-corruption
C) Risk management
D) Accounting standards



3. Which of the following types of risk typically would be most difficult to plan for and mitigate?

A) Currency fluctuation
B) Forecast error
C) Geopolitical
D) Supplier performance



4. Due diligence for conflict- or high-risk-materials should include which of the following processes:

A) a method to track the country of origin of materials when they leave the country.
B) a system of controls and transparency regarding the traceability of materials through the supply chain.
C) certification primarily by companies that are selling directly to consumers about the firm×?â?¬â?¢s tier one suppliers.
D) ability to provide documentation of the source materials when they are imported into United Nations countries.



5. The Delphi forecasting method offers which of the following advantages?

A) It is based on widely used statistical formulas.
B) It compensates for the individual biases of the participants.
C) It assigns more weight to the demand from key customers.
D) It reduces the risk that a few individuals will dominate the process.