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APICS CSCP Questions Answers

Page: 14 / 39
Total 510 questions

Certified Supply Chain Professional Questions and Answers

Question 53

A group of trading partners that produce and distributes supplies to commercial and industrial customers has decided to pursue competitive advantage by being responsive to customers’ needs. The most appropriate

positioning of safety stock to support this initiative would be at:

Options:

A.

a central warehouse for each market segment.

B.

the distribution centers (DCs) closest to the customers.

C.

each node in the distribution channel.

D.

each production facility.

Question 54

Enterprise resources planning (ERP) is defined as a:

Options:

A.

framework for organizing, defining, and standardizing business processes to use its internal knowledge to seek external advantage.

B.

production control system that determines priorities of in-process work.

C.

software module used to determine whether sufficient capacity is available to ship customer orders on time.

D.

process whereby sales, marketing, and operations determine what products will be sold and what resources will be required for production.

Question 55

Activity costing (ABC) is an example of:

Options:

A.

Generally accepted accounting principles.

B.

Inventory classification system.

C.

Asset cost estimate technique.

D.

Cost allocation technique.

Question 56

In which of the following logistics structures does the flow of products typically proceed through an established arrangement of firms from origin to destination?

Options:

A.

Direct

B.

Combined

C.

Echelon

D.

Indirect

Page: 14 / 39
Total 510 questions