CSCP practice questions 111–120

1. Question 111 · 505 in bank

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

   • Adevelop criteria for prospective partners.
   • Bdevelop policies for alliances.
   • Cselect initial partners.
   • Dconduct a pilot implementation.

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   Answer: A

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2. Question 112 · 505 in bank

   The customer who provides point-of-sale data remains the sole decision-maker regarding order quantities when what type of inventory strategy is used?

   • AContinuous replenishment
   • BAdvanced continuous replenishment
   • CVendor-managed replenishment
   • DQuick response

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   Answer: D

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3. Question 113 · 505 in bank

   Which of the following statements about the use of bar code labels for product identification in the supply chain is true?

   • AThey have been replaced by radio frequency identification tags.
   • BThey can be read by devices 1 to 3 meters from the item.
   • CThey facilitate the capture of information about the location of items.
   • DEach of the trading partners must apply a unique label.

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   Answer: C

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4. Question 114 · 505 in bank

   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?

   • AActivity based
   • BStakeholder focused
   • CFinancial sustainability
   • DValue chain

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   Answer: C

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5. Question 115 · 505 in bank

   Which of the following ISO standards is used to assist organizations with sustainable development?

   • AISO 31000
   • BISO 14001
   • CISO 26000
   • DISO 9001

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   Answer: C

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6. Question 116 · 505 in bank

   The transportation manager at a consumer goods manufacturer has decided to begin shipping full truckload rather than less-than-truckload quantities. Which of the following outcomes is likely following implementation of this decision?

   • AInventory levels at the manufacturer will decrease.
   • BLead times as seen by the customer will increase.
   • CProduction efficiencies at the manufacturer will increase.
   • DTransportation costs as seen by the customer will increase.

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   Answer: B

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7. Question 117 · 505 in bank

   Which of the following actions is most likely to increase total supply chain risk?

   • AStandardizing components used in a product family
   • BExpanding operations to multiple locations
   • CConsolidating manufacturing locations
   • DReducing the supplier base for commodity-type components

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   Answer: D

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8. Question 118 · 505 in bank

   A company closely monitors supplier performance and notices recent late deliveries from one supplier. The supplier discloses flood damage at the plant. The company quickly shifts sourcing to a new supplier and has minimal loss of sales. Which of the following risk strategies reflects the company's actions?

   • AAchieving low cost through reaction
   • BCreating an adaptive supply chain community
   • CReducing supply chain vulnerability
   • DInvesting in redundancy

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   Answer: B

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9. Question 119 · 505 in bank

   Which of the following outcomes occurs when direct shipping is used instead of a distribution network?

   • AOutbound transportation cost is reduced.
   • BInventory velocity is reduced.
   • COrder-fill rates are reduced.
   • DInventory obsolescence is reduced.

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   Answer: D

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10. Question 120 · 505 in bank

    A company that sells engineered-to-order products is planning implementation of a supplier relationship management system (SRM) for direct materials. Which of the following factors is most likely to make the implementation difficult?

    • AComplexity of the purchasing process
    • BCost of the application software upgrades
    • CManagement of variable lead times
    • DResistance of material suppliers

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    Answer: A

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CSCP practice, question 111. 505 questions available.