Online Access Free APICS.CSCP.v2022-03-26.q293 Practice Test (Page 17)

A firm has captured the following information for a product family:

The cash-to-cash cycle time is how many days?

A.74

B.44

C.62

D.41

A high level of which of the following attributes is considered to be undesirable in a supply chain?

A.Visibility

B.Variability

C.Variety

D.Velocity

All of the following are characteristics of functional products EXCEPT:

A.the contribution margin is between 5 and 20%

B.it has only 10 to 20 products in each product category

C.product life cycle is greater than 2 years

D.its average stock out rate is between 10 and 40 %

To handle a dispute over damage to goods shipped between two countries, which international standard should be applied?

A.United Nations Global Compact

B.Incoterms

C.Export Trading Company Act

D.Omnibus Foreign Trade and Competitiveness Act

The value that logistics provides within the supply chain can best be summarized as:

A.providing accurate in-transit and delivery information to customers and salespeople.

B.satisfying customer expectations about availability and delivery at an acceptable total cost.

C.meeting promised location and on-time delivery goals with minimal use of expediting.

D.establishing inventory and delivery goals with various customers that fulfill the firm's profit objectives.

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