CSCP practice questions 51–60

1. Question 51 · 505 in bank

   Requirements for successful application of a demand-driven supply network include:

   • Ademand synchronization between stakeholders.
   • Bautomatic communications of data from point-of-sale (POS) terminals.
   • Csafety stock determined jointly by suppliers and customers.
   • Dsupply provided by a single source.

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   Answer: A

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2. Question 52 · 505 in bank

   In the analysis of costs, fixed costs are those that are:

   • Aindependent of the volume of output.
   • Bdependent on the utilization of the asset.
   • Cinversely proportionate to the volume of output.
   • Dconstant through the useful life of the asset.

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   Answer: A

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3. Question 53 · 505 in bank

   Which of the following actions by a group of trading partners is most likely to quickly improve their economic performance?

   • ADeveloping a comprehensive product and service strategy
   • BImplementing collaborative interorganizational systems
   • COutsourcing interorganizational business processes
   • DRedesigning product packaging to reduce volume and weight

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   Answer: B

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4. Question 54 · 505 in bank

   One key factor to consider when selecting suppliers for their potential to sustain long-term, mutually profitable relationships is:

   • Alanded cost.
   • Bquality metrics.
   • Coperational performance.
   • Dfinancial viability.

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   Answer: D

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5. Question 55 · 505 in bank

   Which of the following measures best describes fill rate?

   • ARatio of available inventory to cost of goods sold (COGS)
   • BRatio of cost of goods sold to available inventory
   • CPercentage of demand satisfied by available inventory
   • DPercentage of closed orders to total orders

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   Answer: C

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6. Question 56 · 505 in bank

   A role-based entry into a company's system that aggregates all required sources of information into a single environment is known as:

   • Aa portal.
   • Ba hub.
   • Ca local area network (LAN).
   • Dan extranet.

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   Answer: A

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7. Question 57 · 505 in bank

   Which of the following statements about warehouse layout and storage is correct?

   • AProduct weight is the major factor driving warehouse layout.
   • BProducts with low volume are typically placed at the lower level in storage racks.
   • CWarehouses that utilize fixed locations storage typically minimize space requirements.
   • DA typical warehouse is engaged in a combination of short term and extended storage alternatives.

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   Answer: D

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8. Question 58 · 505 in bank

   Replacing a raw material in a manufacturing process with an alternate material that reduces emissions is an example of using:

   • Athe global reporting initiative (GRI).
   • Brecycling.
   • Crework.
   • Dlife cycle assessment (LCA).

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   Answer: D

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9. Question 59 · 505 in bank

   When determining lot sizes, consideration should be given to balancing which of the following costs?

   • AQuality costs and product costs
   • BCost of goods sold (COGS) and indirect labor costs
   • CUnit sales price and unit cost
   • DOrdering costs and carrying costs

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   Answer: D

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10. Question 60 · 505 in bank

    A group of trading partners that produce and distributes supplies to commercial and industrial customers has decided to pursue competitive advantage by being responsive to customers' needs. The most appropriate positioning of safety stock to support this initiative would be at:

    • Aa central warehouse for each market segment.
    • Bthe distribution centers (DCs) closest to the customers.
    • Ceach node in the distribution channel.
    • Deach production facility.

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    Answer: B

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CSCP practice, question 51. 505 questions available.