Online Access Free APICS.CSCP.v2022-03-26.q293 Practice Test (Page 55)

CSCP Exam Question 266

Using an independent service provider for logistics would be most appropriate in which of the following situations?

A.A financial services company that wants to expand its services

B.A shoe company that wants to penetrate a foreign market

C.A cable television company that wants to add services

D.A business that owns plants and warehouses globally

CSCP Exam Question 267

A juice manufacturer wants to determine the time required to convert a dollar spent on materials into a dollar received in sales. Which of the following metrics would be most appropriate to make this determination?

A.Cash-to-cash cycle time

B.Average financial turnover

C.Inventory carrying cost

D.Activity-based costing

CSCP Exam Question 268

Which of the following is a major reason why the cost of supply chains have risen tounprecedented levels?

A.lack of technology

B.lean principles have not been effectively applied

C.mass-customization

D.b and c are correct

E.adversarial relations between supply chain partners

CSCP Exam Question 269

Which of the following benefits of supplier relationship management typically results from collaboration with a few critical suppliers?

A.Reduction in customer and supplier inventories

B.Standardization of communications

C.Elimination of formal contracts

D.Automation of supplier sales activities

CSCP Exam Question 270

Which type of model is useful for characterizing the performance of a particular configurationbut not for determining an effective configuration from a large set of potential configuration?

A.heuristic algorithm

B.exact mathematical optimization model

C.simulation model

D.conceptual model

E.graphical model

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