Online Access Free APICS.CSCP.v2023-12-06.q253 Practice Test (Page 40)

Which of the following techniques is most effective for a company to sell high-volume products to multiple market segments?

A.Market targeting

B.Mass production

C.Commoditization

D.Mass customization

The most useful inventory costing method which enables purchase price variance analysis is:

A.average costing.

B.first in first out (FIFO) costing.

C.standard costing.

D.last in first out (LIFO) costing.

In an assemble-to-order manufacturing environment, the master production schedule is typically the schedule of:

A.the final assembly.

B.resources.

C.customer orders.

D.components and subassemblies.

Which of the following activities typically would be an appropriate application of the ISO 31000 Risk Management Principles and Guidelines?

A.Projecting the ability of a facility to recover from an event

B.Calculating a risk index for each facility

C.Preparing for risk management accreditation

D.Establishing external risk communications processes

Replacing a raw material in a manufacturing process with an alternate material that reduces emissions is an example of using:

A.life cycle assessment (LCA).

B.rework.

C.the global reporting initiative e (GRI).

D.recycling.

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