CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
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APICS Certified Supply Chain Professional CSCP new Practice Questions 2023 - Part 36
1. An advantage of the Supply Chain Operational Reference Model (SCOR) is that it:
A) has a hierarchical measurement system for supply chain attributes
B) takes into account the performance of all the nodes in the supply chain
C) allows the focus firm to better select, track and manage its suppliers and customers
D) provides a uniform set of target values that a firm should achieve to be ×?â?¬Ë?best in class×?â?¬â?¢
2. Which of the following components of advanced planning and scheduling (APS) defines and coordinates constraints?
A) Demand management
B) Resource management
C) Resource optimization
D) Resource allocation
3. Cash-to-cash cycle time is a measure of a firm's:
A) responsiveness to customer×?â?¬â?¢s requirements
B) working capital utilization
C) agility to meet changing customer requirements
D) total supply chain accounts receivable
4. Which of the following forecasting techniques is most appropriate when data is scarce?
A) Seasonal analysis
B) Computer simulation
C) Delphi method
D) Linear regression
5. Risk management assessment tools are common techniques used in which certification program?
A) ISO 31000
B) ISO 14000
C) ISO 26000
D) ISO 9000
A) has a hierarchical measurement system for supply chain attributes
B) takes into account the performance of all the nodes in the supply chain
C) allows the focus firm to better select, track and manage its suppliers and customers
D) provides a uniform set of target values that a firm should achieve to be ×?â?¬Ë?best in class×?â?¬â?¢
2. Which of the following components of advanced planning and scheduling (APS) defines and coordinates constraints?
A) Demand management
B) Resource management
C) Resource optimization
D) Resource allocation
3. Cash-to-cash cycle time is a measure of a firm's:
A) responsiveness to customer×?â?¬â?¢s requirements
B) working capital utilization
C) agility to meet changing customer requirements
D) total supply chain accounts receivable
4. Which of the following forecasting techniques is most appropriate when data is scarce?
A) Seasonal analysis
B) Computer simulation
C) Delphi method
D) Linear regression
5. Risk management assessment tools are common techniques used in which certification program?
A) ISO 31000
B) ISO 14000
C) ISO 26000
D) ISO 9000
1. Right Answer: B
Explanation:
2. Right Answer: B
Explanation: ×?â?¬Resource Management component defines and coordinates supply chain system resources andconstraints.×?â?¬(Bowesox, Closs, & Cooper, 2013, p. 128). In normal terms this where all the behind thecurtain aspects get worked out.
3. Right Answer: D
Explanation: Reference:https://www.profit.co/blog/kpis-library/supply-chain/cash-to-cash-cycle-time/#:~:text=The%20cash%20to%20cash%20cycle%20time%20metric%20refers%20to%20the,sale%20of%20that%20specific%20inventory.
4. Right Answer: C
Explanation: Reference:https://scm.ncsu.edu/scm-articles/article/forecasting-methods
5. Right Answer: A
Explanation: Reference:https://en.wikipedia.org/wiki/Risk_management
Explanation:
2. Right Answer: B
Explanation: ×?â?¬Resource Management component defines and coordinates supply chain system resources andconstraints.×?â?¬(Bowesox, Closs, & Cooper, 2013, p. 128). In normal terms this where all the behind thecurtain aspects get worked out.
3. Right Answer: D
Explanation: Reference:https://www.profit.co/blog/kpis-library/supply-chain/cash-to-cash-cycle-time/#:~:text=The%20cash%20to%20cash%20cycle%20time%20metric%20refers%20to%20the,sale%20of%20that%20specific%20inventory.
4. Right Answer: C
Explanation: Reference:https://scm.ncsu.edu/scm-articles/article/forecasting-methods
5. Right Answer: A
Explanation: Reference:https://en.wikipedia.org/wiki/Risk_management
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