The Ultimate APICS CSCP Dumps PDF Review [Q54-Q74]

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The Ultimate APICS CSCP Dumps PDF Review

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NEW QUESTION # 54
Which of the following metrics compares the cost of goods sold (COGS) for a period to the average inventory cost for a period?

  • A. Actual versus budget cost
  • B. Carrying costs
  • C. Inventory turnover
  • D. Total cost per unit

Answer: C


NEW QUESTION # 55
Which of the following is a technology that embeds tags in data to identify each element of thedata and give it meaning?

  • A. APS
  • B. HTML
  • C. Web Services
  • D. XML

Answer: D


NEW QUESTION # 56
All of the following are characteristics of functional products EXCEPT:

  • A. 10% to 25% forced end-of-season markdown
  • B. long product life cycles
  • C. lower profit margins
  • D. stable demand
  • E. predictable demand

Answer: A


NEW QUESTION # 57
The primary objective of supply chain management is:

  • A. reducing inventory levels.
  • B. implementing advanced technologies.
  • C. minimizing transportation costs.
  • D. taking a systems approach.

Answer: D


NEW QUESTION # 58
Which of the following freight rate types represents standard rates that can be found for almostall products or commodities shipped?

  • A. long haul
  • B. class
  • C. commodity
  • D. exception

Answer: D


NEW QUESTION # 59
What are the main functions of the supply chain?
I. Physical Function II. Marketing Function
III.
Market Mediation Function

  • A. III only
  • B. I only
  • C. I & III
  • D. II only
  • E. I, II, & III

Answer: C


NEW QUESTION # 60
Which of the following advantages of radio frequency identification (RFID) is the main benefit for material handling?

  • A. Detection of multiple tags
  • B. Ability to withstand harsh environments
  • C. Improved speed and flexibility
  • D. Long distance readability

Answer: A


NEW QUESTION # 61
All of the following are true concerning consignment EXCEPT:

  • A. With consignment, producers have to wait longer to get paid for their products.
  • B. With consignment, retailers control the inventory.
  • C. Consignment is effective way to sell products that retailers might not otherwise bewillingto carry.
  • D. With consignment, producers retain ownership over inventories.

Answer: B


NEW QUESTION # 62
A firm is undertaking a revision of its financial metrics to make them more comprehensive and has decided to use metrics such as return on investment (ROI), return on assets (ROA), and economic value added (EVA). This is an example of utilizing which of the following types of metrics?

  • A. Financial sustainability
  • B. Activity based
  • C. Stakeholder focused
  • D. Value chain

Answer: A


NEW QUESTION # 63
Which of the following strategies would increase overall supply chain risk?

  • A. Single sourcing a product that makes the highest annual profit
  • B. Identify multiple sources for a product that has a potential for supply chain disruption
  • C. Outsourcing a product that is not well suited to your operations
  • D. Internally manufacturing a product that has a high level of technical intellectual property

Answer: A


NEW QUESTION # 64
A master production schedule serves a company best by functioning as a:

  • A. forecast system buffer.
  • B. dispatch list.
  • C. priority planning tool.
  • D. supplier scheduling system.

Answer: C

Explanation:
Section: Implementation and Operations


NEW QUESTION # 65
Medium-term demand management projections are used primarily to:

  • A. develop the master production schedule.
  • B. complete strategic business planning of facilities.
  • C. aggregate demand for production planning.
  • D. complete forecasts at the item level.

Answer: C


NEW QUESTION # 66
All of the following are management processes in the SCOR model EXCEPT:

  • A. make
  • B. source
  • C. manage
  • D. plan
  • E. deliver

Answer: C


NEW QUESTION # 67
A firm is undertaking a revision of its financial metrics to make them more comprehensive and has decided to use metrics such as return on investment (ROI), return on assets (ROA), and economic value added (EVA). This is an example of utilizing which of the following types of metrics?

  • A. Financial sustainability
  • B. Activity based
  • C. Stakeholder focused
  • D. Value chain

Answer: A


NEW QUESTION # 68
Which of the following planning systems would the demand forecast typically be fed into first?

  • A. business plan
  • B. CRP
  • C. MRP
  • D. DRP
  • E. MPS

Answer: D


NEW QUESTION # 69
What are the steps in the supplier relationship process?

  • A. Measure, procure, fulfill, model
  • B. Source, document, manage
  • C. Source, procure, fulfill, manage
  • D. Measure, fulfill, document, model

Answer: C


NEW QUESTION # 70
Which of the following is true about low density products?

  • A. the transportation container has to be marked hazardous
  • B. the transportation container will "cube out" before it "weighs out"
  • C. the transportation will most likely be by air
  • D. the transportation container will "weigh out" before it "cubes out"

Answer: B


NEW QUESTION # 71
A manufacturer and the distributors of its products have decided to focus on price and product availability as strategic priorities. Which of the following values would be the most appropriate measure of customer service?

  • A. Distributors' order-fill rates
  • B. Supply chain inventory days of supply
  • C. Manufacturer's volume flexibility
  • D. Order-fulfillment lead times

Answer: A


NEW QUESTION # 72
Which of the following outcomes is a benefit typically expected of customer relationship management (CRM)?

  • A. Focusing sales efforts on the most profitable customers
  • B. Implementing automated inter-organizational processes
  • C. Reducing the size of the sales force by automating activities
  • D. Gaining a better understanding of customer requirements

Answer: D


NEW QUESTION # 73
The primary benefit of an effective sates and operations planning (S&OP) process is that it provides a:

  • A. procedure for defining product family priorities.
  • B. direct and consistent dialogue between operations and senior management
  • C. statement of production assuming unlimited resources.
  • D. means to evaluate the feasibility of material requirements planning (MRP).

Answer: D


NEW QUESTION # 74
......


Career Track

The CSCP certification is the benchmark for launching a career in supply chain management. It marks an invaluable first step when you want to validate your skills and ability to manage a company's supply chain strategies. According to a recent survey, most candidates who tread the supply chain management career track never stay in the same job roles throughout their careers. They will likely want to combine two or more skills and gain expert-level experience to become exceptional performers on multiple fronts. One of the greatest ways to accelerate your growth is to sharpen your proficiency in Microsoft Office and data analysis. Also, it would help to have a deeper understanding of project management tools and methodologies, continuous improvement tools and methodologies, supply chain finance, and supply chain software applications. Obtaining an advanced-level certification along the same career track such as Certified in Production and Inventory Management (CPIM) will also make you promotable at the workplace.

 

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