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 53
1. Which of the following actions is most likely to improve the cash-to-cash cycle time?
A) Find suppliers with lower total cost of ownership (TCO)
B) Implement vendor-managed inventory (VMI) with key suppliers
C) Implement vendor-managed inventory (VMI) with key customers
D) Establish targeted promotions for the most profitable market segments
2. Which of the following actions typically is most important when building a collaborative supply chain?
A) Investing sufficient capital
B) Building mutual trust
C) Integrating information systems
D) Developing a common culture
3. Which of the following manufacturing strategies would run the greatest risk of increasing obsolete inventory costs?
A) Make-to-stock
B) Assemble-to-order
C) Make-to-order
D) Engineer-to-order
4. A firm has determined its cash-to-cash cycle time to be 60 days. The number of days' payables outstanding is 25, and number of days' sales outstanding is 35. If the firm reduces its inventory by 20%, the new cash-to-cash cycle time, in days, will be approximately:
A) 48.
B) 50.
C) 60.
D) 88.
5. 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
A) Find suppliers with lower total cost of ownership (TCO)
B) Implement vendor-managed inventory (VMI) with key suppliers
C) Implement vendor-managed inventory (VMI) with key customers
D) Establish targeted promotions for the most profitable market segments
2. Which of the following actions typically is most important when building a collaborative supply chain?
A) Investing sufficient capital
B) Building mutual trust
C) Integrating information systems
D) Developing a common culture
3. Which of the following manufacturing strategies would run the greatest risk of increasing obsolete inventory costs?
A) Make-to-stock
B) Assemble-to-order
C) Make-to-order
D) Engineer-to-order
4. A firm has determined its cash-to-cash cycle time to be 60 days. The number of days' payables outstanding is 25, and number of days' sales outstanding is 35. If the firm reduces its inventory by 20%, the new cash-to-cash cycle time, in days, will be approximately:
A) 48.
B) 50.
C) 60.
D) 88.
5. 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
1. Right Answer: B
Explanation:
2. Right Answer: B
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: D
Explanation:
Explanation:
2. Right Answer: B
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: D
Explanation:
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