Online Access Free APICS.CSCP.v2023-08-09.q217 Practice Test (Page 39)

CSCP Exam Question 186

Benchmarking a firm's performance against industry competitors is most valuable because it can reveal:

A.which processes require improvement.

B.a competitor's manufacturing processes.

C.a firm's leadership ranking relative to industry peers.

D.that no further improvement is possible.

CSCP Exam Question 187

A firm is undertaking a revision of its financial metrics to make them more comprehensive and has decided to use metrics such as return on investment (ROI), return on assets (ROA), and economic value added (EVA). This is an example of utilizing which of the following types of metrics?

A.Stakeholder focused

B.Financial sustainability

C.Value chain

D.Activity based

CSCP Exam Question 188

Which of the following cost elements typically would be included in the cost of carrying inventory?

A.Direct materials

B.Depreciation of product equipment

C.Obsolescence

D.Scrap during production

CSCP Exam Question 189

The design process by which a firm structures and manages the supply chain to achieve optimization is called:

A.smoothing.

B.an information network.

C.logistical planning.

D.network planning.

CSCP Exam Question 190

A company that has consistently achieved a high level of on-time delivery performance has decided to reduce its inventory level significantly. Which of the following outcomes is the most likely effect of that decision on the company's on time delivery performance?

A.It will decline and then stabilize at a lower level.

B.It will decline until sales erode.

C.There will be no effect.

D.It will improve and then stabilize at a higher level.

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