CSCP Practice Online

Question 1

Which of the following terms represents a time series forecasting technique?

A : Mean absolute deviation (MAD)

B : Moving average

C : Causal

D : Multiple regression

Answer: B

Question 2

A company has applied lean thinking and tools to its internal operations over the last several years. The company is now concerned about its ability to recover from a supply disruption. Which of the following actions would be most appropriate for the company to take to increase its resiliency?

A : Arrange for multiple sources for key components.

B : Maintain 1 week's supply of safety stock for key components.

C : Require the suppliers of key components to maintain safety stock.

D : Add capacity to enable quick recovery from a disruption.

Answer: A

Question 3

Which of the following situations is an example of inventory being held as a way to balance supply and demand?

A : A manufacturer holds inventory of key components to maintain a level production schedule.

B : A manufacturer of seasonal products builds finished-goods inventory before the peak selling period.

C : A distributor maintains safety stock of slow-moving items at a central distribution center.

D : A retailer stocks a variety of sizes and colors of a fast-selling item to avoid losing sales.

Answer: B

Question 4

A company has made a strategic decision to introduce products to improve profitability. Which of the following issues should the company be concerned about most while implementing this decision?

A : Reverse supply chain

B : Unpredictable demand

C : Warranty and repair

D : Patent security

Answer: B

Question 5

Mass customization results in savings due to economies of scale and which of the following additional benefits?

A : An opportunity to invest in equipment and training

B : A greater appeal of differentiated products to different markets

C : Facilitation of a pull system

D : Elimination of friction among distributors

Answer: B

Name:	APICS Certified Supply Chain Professional
Exam Code:	CSCP
Certification:	Certified Supply Chain Professional
Vendor:	APICS
Total Questions:	831
Last Updated:	Apr 24, 2024

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