Online Access Free APICS.CSCP.v2023-08-09.q217 Practice Test (Page 38)

CSCP Exam Question 181

The strategy to implement supplier relationship management has been developed. The most appropriate next step is to:

A.develop criteria for prospective partners.

B.develop policies for alliances.

C.select initial partners.

D.conduct a pilot implementation.

CSCP Exam Question 182

After identifying the potential causes for delays in communicating demand information up the supply chain, the trading partners should take which of the following actions?

A.Identify the root causes for the delays.

B.Implement a higher-speed data communications network.

C.Change procedures so data is communicated more frequently.

D.Map and analyze the value stream.

CSCP Exam Question 183

Which of the following measures best describes fill rate?

A.Ratio of cost of goods sold to available inventory

B.Percentage of demand satisfied by available inventory

C.Percentage of closed orders to total orders

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

CSCP Exam Question 184

Which of the following arguments are made against traditional accounting methods for logistics expenses to an organization?

A.They obscure important logistics costs.

B.They overstate the costs of logistics.

C.They incorrectly state the timing of logistics costs.

D.They are more difficult to accumulate.

CSCP Exam Question 185

A company has a single manufacturing facility. It distributes the products through retail stores located in various regions. Which of the following distribution strategies will minimize the company's warehousing costs?

A.Cross-docking at regional warehouses shipping to multiple retail stores

B.Pooling inventory in regional warehouses shipping to multiple retail

C.Shipping directly from the manufacturing facility to retail locations

D.Utilizing third-party logistics (3PL) providers

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