Online Access Free APICS.CSCP.v2023-01-30.q165 Practice Test (Page 20)

CSCP Exam Question 91

A company's market is characterized be frequently changing product demand and pressure for short lead times. The company also faces intense competition. To enhance its competitiveness, the company should stress which of the following strategies?

A.Reduce cycle times

B.Match competitors' prices

C.Increase the labor force

D.Increase work-in-process (WIP) inventory

CSCP Exam Question 92

Which of the following conditions are most indicative of a company that is effectively managing its cash?

A.High accounts receivable, high inventory, low accounts payable

B.Low accounts receivable, low inventory, high accounts payable

C.Low accounts receivable , high inventory, low accounts payable

D.High accounts receivable, low inventory, high accounts payable

CSCP Exam Question 93

The process of continuous improvement can be defined best as a continuous effort to:

A.concurrently improve performance on several measures through incremental improvements.

B.eliminate root causes of problems through radical changes.

C.eliminate root causes of waste through incremental improvements.

D.reduce direct and indirect costs through incremental changes.

CSCP Exam Question 94

A manufacturer's inventory levels are growing and service levels are dropping. Which of the following supply chain strategies is most appropriate to reduce inventory and improve service?

A.Implement batch operations.

B.Increase the safety stockon all items.

C.Reduce the setup time.

D.Optimize the total cost.

CSCP Exam Question 95

Which of the following measures best describes fill rate?

A.Ratio of available inventory to cost of goods sold (COGS)

B.Ratio of cost of goods sold to available inventory

C.Percentage of demand satisfied by available inventory

D.Percentage of closed orders to total orders

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