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 83
1. Which of the following measures would be an appropriate indicator of the marketing and sales organization's support of the sales and operations planning (S&OP) process?
A) Finished goods inventory as a percent of planned inventory
B) Percent of product introductions completed on schedule
C) Total revenue as a percent of planned revenue
D) New customers as a percent of total customers
2. A distributor wants to run a promotion on an item that a manufacturer has just introduced. Which of the following processes would provide the most useful input data for evaluating the impact of promotions?
A) Demand planning
B) Production scheduling
C) Inventory management
D) Transportation planning
3. A company plans to implement a new software application for inventory optimization. Which of the following actions will most likely reduce the implementation time?
A) Purchase the new software and host it on secure cloud servers
B) Develop the new software in-house and purchase additional hardware
C) Purchase the new software and customize it
D) Integrate the new software with supply chain partners
4. An advantage of the Supply Chain Operational Reference Model (SCOR) is that it:
A) has a hierarchical measurement system for supply chain attributes
B) takes into account the performance of all the nodes in the supply chain
C) allows the focus firm to better select, track and manage its suppliers and customers
D) provides a uniform set of target values that a firm should achieve to be ×?â?¬Ë?best in class×?â?¬â?¢
5. Which of the following components of advanced planning and scheduling (APS) defines and coordinates constraints?
A) Demand management
B) Resource management
C) Resource optimization
D) Resource allocation
A) Finished goods inventory as a percent of planned inventory
B) Percent of product introductions completed on schedule
C) Total revenue as a percent of planned revenue
D) New customers as a percent of total customers
2. A distributor wants to run a promotion on an item that a manufacturer has just introduced. Which of the following processes would provide the most useful input data for evaluating the impact of promotions?
A) Demand planning
B) Production scheduling
C) Inventory management
D) Transportation planning
3. A company plans to implement a new software application for inventory optimization. Which of the following actions will most likely reduce the implementation time?
A) Purchase the new software and host it on secure cloud servers
B) Develop the new software in-house and purchase additional hardware
C) Purchase the new software and customize it
D) Integrate the new software with supply chain partners
4. An advantage of the Supply Chain Operational Reference Model (SCOR) is that it:
A) has a hierarchical measurement system for supply chain attributes
B) takes into account the performance of all the nodes in the supply chain
C) allows the focus firm to better select, track and manage its suppliers and customers
D) provides a uniform set of target values that a firm should achieve to be ×?â?¬Ë?best in class×?â?¬â?¢
5. Which of the following components of advanced planning and scheduling (APS) defines and coordinates constraints?
A) Demand management
B) Resource management
C) Resource optimization
D) Resource allocation
1. Right Answer: A
Explanation:
2. Right Answer: B
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: B
Explanation: ×?â?¬Resource Management component defines and coordinates supply chain system resources andconstraints.×?â?¬(Bowesox, Closs, & Cooper, 2013, p. 128). In normal terms this where all the behind thecurtain aspects get worked out.
Explanation:
2. Right Answer: B
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: B
Explanation: ×?â?¬Resource Management component defines and coordinates supply chain system resources andconstraints.×?â?¬(Bowesox, Closs, & Cooper, 2013, p. 128). In normal terms this where all the behind thecurtain aspects get worked out.
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