Online Access Free ACSCP Exam Questions

Certo is an ingredient used in canning. Most grocery stores carry a modest amounts since a lot of people do not can anymore. One summer a doctor told his patient that certo helps eliminate arthritis pain. Suddenly word spread and stores couldn't keep it on the shelf and as a result manufacturers couldn't keep up. What example best symbolizes what is happening?

• A.Government regulation
• B.Competition
• C.Consumer demand
• D.Third party logistics

Implementation of a CPFR requires implementation of appropriate technology and

• A.implementation of cross-functional, customer-specific teams.
• B.replenishment at rates roughly double pre-implementation levels.
• C.revision of standard operating procedures for all organizational processes.
• D.reduction of SKUs by 20%-30%.

Successful collaborative planning, forecasting and replenishment must be built on a foundation of

• A.a common logistics carrier and data synchronization.
• B.a single forecasting approach and a common logistics carrier.
• C.established standards for exchanging information and a single forecasting approach.
• D.data synchronization and established standards for exchanging information.

Trading partners collaborate on store-level POS forecasts in

• A.DC replenishment collaboration.
• B.collaborative assortment planning.
• C.store replenishment collaboration.
• D.retail event collaboration.

When demand is steady, cycle inventory and lot size are related as

• A.Cycle Inventory = Lot Size = Q.
• B.Cycle Inventory = Lot Size × 2.
• C.Cycle Inventory = Lot Size/2.
• D.Cycle Inventory = Lot Size^2.