CSCP practice questions 251–260

1. Question 251 · 505 in bank

   Overall supply chain risk may be increased by implementing which of the following strategies?

   • ASingle sourcing a product that makes the highest annual profit
   • BOutsourcing products that are not well suited to a company's operations
   • CIdentifying multiple sources for a product with the potential for supply chain disruption
   • DInternally manufacturing products with high levels of technical intellectual property

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   Answer: A

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2. Question 252 · 505 in bank

   A chief financial officer is concerned about a company's supply chain performance. The key performance indicator (KPI) most likely to be reviewed is the:

   • Acash-to-cash cycle time
   • Bsupply chain cost
   • Ccost of goods sold (COGS)
   • Dorder fulfillment cycle time

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   Answer: D

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3. Question 253 · 505 in bank

   Which of the following inventory-related costs typically is used only for decision making?

   • ACarrying costs
   • BProcurement overhead
   • CDemurrage
   • DObsolescence

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   Answer: D

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4. Question 254 · 505 in bank

   Which of the following functions is most relevant for tactical purchasing?

   • ASupplier selection
   • BTarget costing
   • COrder placement
   • DProduct design

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   Answer: C

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5. Question 255 · 505 in bank

   Which of the following costs are likely to be incurred in reverse logistics?

   • AWarranty and ordering
   • BWarranty and restocking
   • CRestocking and obsolescence
   • DObsolescence and carrying

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   Answer: B

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6. Question 256 · 505 in bank

   Successful implementation of a new supply chain process first requires:

   • Amanipulation of data
   • Ba substantial investment in information technology
   • Ca well-defined production planning process
   • Dopen communication with stakeholders

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   Answer: D

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7. Question 257 · 505 in bank

   A team has been given a project which requires them to design a new product with the following key performance indicators (KPIs) and prototype results:

   

   What should be the next step of the project?

   • AClose prototype phase and move to production phase
   • BStay in prototype phase and issue formal corrective action to address prototype yield only
   • CStay in prototype phase and issue formal corrective action to address all key performance indicators
   • DClose prototype phase and move to production phase with verbal understanding that yield needs to increase

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   Answer: C

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8. Question 258 · 505 in bank

   Reverse logistics processes are often more expensive than standard inbound processes because shipments consist of items that:

   • Aare small and from unhappy customers wanting quick refunds
   • Boften do not have uniform packing or labeling
   • Cinvolve negotiations with suppliers on the value and timing of items returned for credit
   • Dare so damaged they are difficult to identify for correct storage

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   Answer: B

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9. Question 259 · 505 in bank

   Understanding the unique needs and wants of a market segment is important because segments may have:

   • Avarying numbers of customers for the same product or service
   • Ba focus on transactional interactions
   • Ca focus on relational interactions
   • Dvarying time demands for the same product or service

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   Answer: D

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10. Question 260 · 505 in bank

    A work center's demonstrated capacity for the last week was 160 standard hours. Its demonstrated capacity for the last 6 weeks was 140 standard hours. Which of the following numbers would be best to use to determine the appropriate future load for the work center?

    • A160 standard hours, because it reflects what the work center has proven it can do
    • B160 standard hours, because it reflects what happened most recently
    • C150 standard hours, because it is the average of the last two periods
    • D140 standard hours, because it is based on a greater number of periods

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    Answer: C

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CSCP practice, question 251. 505 questions available.