CSCP practice questions 341–350

1. Question 341 · 505 in bank

   Which of the following risks poses the greatest threat for a make-to-order (MTO) company with a make-to-stock (MTS) supplier?

   • AInventory risk for the company
   • BInventory risk for the supplier
   • CDebt leverage risk for the company
   • DDebt leverage risk for the supplier

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   Answer: B

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2. Question 342 · 505 in bank

   A North American manufacturer of consumer goods expands its market to include Europe. Customization currently is done in the North American manufacturing facility. Which of the following new processes should the manufacturer use to eliminate inventory imbalances of customized products?

   • AMixing
   • BPostponement
   • CStockpiling
   • DSpot stocking

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   Answer: B

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3. Question 343 · 505 in bank

   In order to be able to fulfill increasing market demand, a company is considering adding warehouses rather than increasing the capacity of existing warehouses. If the warehouses are added, the network costs most likely will:

   • Abe unchanged.
   • Bincrease.
   • Cdecrease.
   • Dincrease initially and then decrease.

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   Answer: B

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4. Question 344 · 505 in bank

   Risk pooling is a concept that suggests:

   • Ademand variability is increased if demand is disaggregated across locations.
   • Bdemand variability is reduced if demand is disaggregated across locations.
   • Cdemand variability is increased if demand is aggregated across locations.
   • Ddemand variability is reduced if demand is aggregated across locations.

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   Answer: D

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5. Question 345 · 505 in bank

   Which of the following supplier actions is most likely to provide an incentive for retailers to share demand data with their trading partners?

   • AImplementing vendor-managed inventory (VMI) at the retailers
   • BExecuting capacity-reservation contracts with the retailers
   • CIncluding a requirement in the supply contract
   • DDeveloping demand-sharing software for the retailers

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   Answer: A

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6. Question 346 · 505 in bank

   An objective of global supply chain management is to:

   • Abuild a chain of suppliers who will increase value to the customer.
   • Bminimize inventory at each level in the supply chain.
   • Cinvest aggressively to reduce production lead times.
   • Dshorten resupply time while maintaining costs and flexibility.

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   Answer: A

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7. Question 347 · 505 in bank

   If the manufacture of a product requires specialized knowledge and capabilities, the company should:

   • Asee no difference whether it makes or buys the product.
   • Bconsider outsourcing as an option for product production.
   • Cdefinitely outsource product production.
   • Dretain internal product production.

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   Answer: B

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8. Question 348 · 505 in bank

   Which of the following types of auctions is an example of multiple sellers creating the lowest prices to buyers?

   • AForward
   • BDutch
   • CReverse
   • DDemand management

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   Answer: C

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9. Question 349 · 505 in bank

   Which of file following activities measures tire effectiveness of integrated supplier relationships?

   • AConducting a supplier certification audit
   • BEvaluating first-time quality receipts
   • CTracking on-time delivery
   • DPerforming value analysis

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   Answer: A

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10. Question 350 · 505 in bank

    A shipping company investing to reduce damages due to weather conditions is an example of:

    • Arisk tolerance.
    • Brisk exposure.
    • Crisk mitigation.
    • Drisk resilience.

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    Answer: C

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CSCP practice, question 341. 505 questions available.