Question 501 · 505 in bank
A company sells 60 units of product in a given year and has an average quantity on hand of 10 units. What is the inventory turns ratio?
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Answer: B
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CSCP practice questions 501–505
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Question 502 · 505 in bank
Which of the following risks is associated with outsourcing?
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Answer: C
Question 503 · 505 in bank
Qualitative extrinsic data are used with which of the following forecasting techniques?
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Answer: C
Question 504 · 505 in bank
Key quantitative sustainability indicators include:
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Answer: C
Question 505 · 505 in bank
The company's supply chain is exposed to a number of risks that vary in their severity, probability, and detectability. Each of these factors is estimated as follows: - Severity (10 - most severe, 1 - least severe); - Probability (10 - almost certain, 1 - almost improbable); - Detectability (10 - absolute uncertainty, 1 - almost certainly will be detected). A Risk Manager has developed the following risk matrix:
Assuming that the cost of addressing any of the above failures is the same, which of the following risks should the company address first?
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Answer: A
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