CSCP practice questions 181–190

1. Question 181 · 505 in bank

   A company seeking to maximize supply chain efficiency and to streamline order processing should first:

   • Aimplement a vendor-managed inventory (VMI) process.
   • Bimplement electronic data interchange (EDI).
   • Cmove to a make-to-stock (MTS) environment.
   • Dutilize supplier portals.

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   Answer: B

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2. Question 182 · 505 in bank

   Which of the following reasons is often why many companies fail to achieve the implementation benefits of reverse logistics?

   • AMany top managers fail to have a good grasp of the cost and benefits of returns.
   • BOften too much time passes between a product sale and a return.
   • CThe quality issues surrounding returns are too difficult to assess.
   • DTransportation costs for returns are uncertain and usually higher than for sales.

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   Answer: A

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3. Question 183 · 505 in bank

   Which of the following tools will facilitate greater collaboration as the supply chain matures?

   • ASupplier relationship management (SRM) to select a vendor
   • BCustomer relationship management (CRM) to automate the sales force
   • CSupply chain event management (SCEM) to increase visibility of changing situations
   • DEnterprise resources planning (ERP) to forecast demand

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   Answer: C

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4. Question 184 · 505 in bank

   Which of the following tools is appropriate to evaluate overall organizational performance?

   • ASupplier scorecard
   • BBenchmarking
   • CBalanced scorecard
   • DCost-benefit analysis

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   Answer: C

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5. Question 185 · 505 in bank

   Which of the following tools is an optimization tool for supply chain management?

   • ACapacity requirements planning (CRP)
   • BAdvanced planning and scheduling (APS)
   • CMaterial requirements planning (MRP)
   • DRadio frequency identification (RFID)

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   Answer: B

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6. Question 186 · 505 in bank

   Activity-based costing (ABC) is an example of:

   • Agenerally accepted accounting principles.
   • Binventory classification system.
   • Casset cost estimate technique.
   • Dcost allocation technique.

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   Answer: D

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7. Question 187 · 505 in bank

   Tangible benefits of investing in information technology (IT) include:

   • Areducing transaction costs.
   • Bimproved reliability.
   • Camortization of capital investment.
   • Deasier financial reporting.

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   Answer: A

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8. Question 188 · 505 in bank

   Electronic data interchange (EDI) is best defined as a:

   • Aprocess of generating and testing engineering specifications on a computer workstation.
   • Bsystem that updates and tracks interactions with customers.
   • Ctechnique that deals with analysis and planning of logistics and manufacturing.
   • Dtechnology to support the paperless flow of trading documents.

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   Answer: D

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9. Question 189 · 505 in bank

   A grocery store found that ground beef sales increased when buns were a featured sales item. This customer relationship management (CRM) technique is called:

   • Adata mining.
   • Bdata tracking.
   • Cpoint-of-purchase (POP) promotion.
   • Dupselling.

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   Answer: A

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10. Question 190 · 505 in bank

    Which of the following situations typically requires extended storage?

    • AProducts with low demand
    • BProduct consolidation
    • CModular products
    • DSeasonal products

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    Answer: D

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CSCP practice, question 181. 505 questions available.