CSCP : APICS Certified Supply Chain Professional Exam

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1. perceived value
2. speed
3. value
Answer: C
QUESTION: 391
What impact does the proliferation of product and service options have on forecasting customer demand for a specific model?
1. it makes forecasting easier
2. it has no impact on forecasting since the volume remains unchanged
3. it makes forecasting more difficult
4. the demand for a specific model has no impact on forecasting
Answer: C
QUESTION: 392
All of the following are reasons why companies are adding more services around their products EXCEPT:
1. commoditization of products
2. need to get closer to the customer
3. desire of companies to compete on price
4. increase in IT capabilities that make this offering possible
Answer: C
QUESTION: 393
If there are 400 units available for sale and the relationship between demand and price can be expressed by the equation: Demand = 1000 - 0.5* Price which of the following revenue management strategies will typically yield the greatest total revenue?
1. set price at a single value
2. have a two tier pricing strategy
3. have a three tier pricing strategy
4. have a pricing strategy with as many tiers as there are market segments that are price or time sensitive
Answer: D
QUESTION: 394
Which formula below is used to calculate cash-to-cash cycle time?
1. days of outstanding sales
2. inventory days of supply plus days of sales outstanding
3. inventory days of supply plus days of sales outstanding minus average payment period for materials
4. inventory days of supply minus average payment period for materials
5. days of sales outstanding minus inventory days of supply
Answer: C
QUESTION: 395
Which measure below defines the number of days required to achieve an unplanned, sustainable 20 percent increase in production?
1. delivery performance to request
2. upside production flexibility
3. supply chain response time
4. order fulfillment lead time
5. total inventory days of supply
Answer: B
QUESTION: 396
All of the following are effects of e-markets on suppliers EXCEPT:
1. allow suppliers to reduce marketing and sales costs
2. allow relatively large suppliers to expand their horizons
3. allow suppliers in fragmented industries to access spot markets
4. allow suppliers to better use their available capacities and inventories
Answer: B
QUESTION: 397
Many startup e-markets offer all of the following EXCEPT:
1. serving as an intermediary between buyers and suppliers
2. conducting the auction
3. identifying, qualifying, and supporting suppliers
4. decreasing the number of suppliers involved in the bidding event
5. identifying saving opportunities
Answer: D
QUESTION: 398
What type of e-market would involve a single, typically large, buyer?
1. public
2. consortium
3. private
4. A or B
5. all of the above
Answer: C
QUESTION: 399
All of the following are ways e-markets have affected buyers EXCEPT:
1. increased market reach
2. better collaboration with suppliers
3. clear direction about the type of marketplace a firm should compete within
4. remove inefficiencies from their supply chains
Answer: C
QUESTION: 400
All of the following describe indirect materials EXCEPT:
1. referred to as MRO
2. part of finished product
3. not part of the manufacturing process
4. essential for the business to operate
Answer: B
QUESTION: 401
Which production scheduling technique is used with the third stage of SAP's Stages of Excellence (i.e., integrated internally)?
1. basic MRP
2. no planning
3. advanced planning systems (APS)
4. constraint-based planning
Answer: D
QUESTION: 402
Which production scheduling technique is used with the fourth stage of SAP's Stages of Excellence (i.e., multi-enterprise integrated)?
1. basic MRP
2. no planning
3. advanced planning systems (APS)
4. constraint-based planning
Answer: C
QUESTION: 403
Which group of users are most impacted by a DSS?
1. all end-users
2. small group of decision makers
3. most middle managers
4. executives
Answer: B
QUESTION: 404
Which group of users are most impacted by an ERP system?
1. all end-users
2. small group of decision makers
3. most middle managers
4. executives
Answer: A

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