CSCP Exam 1 Flashcards
The factors to consider in the make-or-buy decision include costs, proprietary knowledge, and:.
A. design history.
B. available capacity.
C. inventory balance.
D. warehouse location.
Correct Answer: B
Using an independent service provider for logistics would be most appropriate in which of the following situations?
A. A shoe company that wants to penetrate a foreign market
B. A business that owns plants and warehouses globally
C. A financial services company that wants to expand its services
D. A cable television company that wants to add services
Correct Answer: A
QUESTION 1 Which of the following are components of fulfillment lead time? A. order processing II. assembly and shipping III. invoicing and collection B. I C. II D. I and II E. II and III F. I, II and III
Correct Answer: C
Which of the following is the most systematic approach to allocating indirect costs? A. activity-based costing B. financial accounting C. managerial accounting D. process indirect costing
Correct Answer: A
What happens to variability when independent processes are combined to form a larger process?
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A. variability of individual processes cancel out each other, resulting in a small overallvariability
B. variability of the total time is equal to the variability of the component with the largestvariability
C. variability of the total time equals the sum of the variability in all the component times
D. variability of the total time is equal to the variability of the component with the smallestvariability
Correct Answer: C
In order to be counted "perfect" when calculating the perfect-order measure, in addition to the order containing the correct goods, which of the following must also be perfect? A. order must ship complete II. order must arrive on-time III. paperwork associated with order must be accurate and complete B. I C. II D. I and II E. II and III F. I, II and III
Correct Answer: E
What is the impact on customer service level (CSL) of increasing safety stock?
A. CSL increases
B. CSL decreases
C. CSL remains constant
D. no relationship exists between CSL and safety stock
Correct Answer: A
What is the impact on annual holding costs of increasing the order quantity?
A. annual holding costs decrease
B. annual holding costs increase
C. annual holding costs remains constant
D. cannot tell impact on annual holding cost
Correct Answer: B
What is the impact on annual holding costs of decreasing the order quantity?
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A. annual holding costs decrease
B. annual holding costs increase
C. annual holding costs remains constant
D. cannot tell impact on annual holding cost
Correct Answer: A
Which of the following cycles delivers products to meet customer demand? A. design B. fulfillment C. production D. replenishment
Correct Answer: B
What is the inventory needed to support normal operations called?
A. cycle stock
B. maintenance, repair, and operating supplies
C. safety stock
D. buffer stock
E. pipeline stock
Correct Answer: A
What is the unintended effect of customers requiring complete shipments?
A. Customers requiring complete shipments have no impact on the supply chain.
B. Customers tend to purchase in smaller quantities to ensure shipments are complete.
C. Suppliers have to maintain much higher inventory levels.
D. Suppliers will not have as much inventory since orders are shipped complete.
Correct Answer: C
All of the following are modules of a transportation management system EXCEPT: A. carrier management B. delivery scheduling C. shipment tracking D. vehicle routing E. yard management
Correct Answer: E
All of the following are modules of a transportation management system EXCEPT: http://www.gratisexam.com/ A. carrier management B. materials handling C. transportation network design D. transportation planning E. vehicle maintenance
Correct Answer: B
Which of the following types of relations do most humans naturally assume that systems are? A. single-valued B. multi-valued C. continuous D. monotonic E. linear
Correct Answer: E
Assuming no quantity discounts, what is true about the relationship between annual holding costs and annual ordering costs at the minimal total cost?
A. annual holding costs is less than annual ordering costs
B. annual holding costs is greater than annual ordering costs
C. annual holding costs equals annual ordering costs
D. cannot tell the relationship between the annual holding costs and annual ordering costs
Correct Answer: C
Which type of model facilitates the study of system behavior under the most realistic business conditions? A. conceptual B. mathematical C. narrative D. physical E. simulation
Correct Answer: E
Which type of model is used to predict and optimize the performance of a supply chain? A. conceptual B. mathematical C. narrative D. physical E. simulation
Correct Answer: B
At present, which of the following is true about collaborative planning across ownership boundaries?
A. It never happens.
B. It is the exception rather than the rule.
C. It is the rule rather than the exception.
D. It always occurs.
Correct Answer: B
Which of the following is the most serious challenge to collaborative planning?
A. common communication medium
B. standard protocols for exchanging data
C. motivation to share confidential information
D. applications for forecasting and planning
Correct Answer: C
Which planning system determines when the necessary labor and equipment will have to be available to perform the work? A. DRP B. MPS C. MRP D. CRP E. RCCP
Correct Answer: D
Which of the following intrinsic product qualities concern the "form" of the product? A. bulk vs. packaged II. hazardousness III. state (solid, liquid, gas) B. I C. II D. III E. I and II F. I and III
Correct Answer: E
Which of the following has the push-pull boundary furthest upstream on the supply chain? A. custom product B. configured product C. private labeled product D. off-the-shelf product
Correct Answer: A
What impact does lumping have on the demand signal in terms of timing? A. it delays the timing B. it speeds up the timing C. it has no effect on the timing D. it minimizes the need for signals
Correct Answer: A
Which of the following products most likely creates the greatest amount of stress on its supply chain? A. functional products B. seasonal products C. innovative products D. mature product
Correct Answer: C
Which of the following is true about low density products?
A. the transportation container will “cube out” before it “weighs out”
B. the transportation container will “weigh out” before it “cubes out”
C. the transportation container has to be marked hazardous
D. the transportation will most likely be by air
Correct Answer: A
What is the value of the tracking signal if there is no bias?
A. 0
B. 1
C. 10
D. 100
E. tracking signals have no relationship to bias
Correct Answer: A
ERP systems typically use which of these scheduling techniques? A. forward B. backward C. push D. pull E. delay
Correct Answer: B
Which of the following planning systems would the demand forecast typically be fed into first? A. DRP B. MPS C. MRP D. CRP E. business plan
Correct Answer: A
When classifying products as either A, B or C items, which of the following best describes A items?
A. 20% of the items that represent 80% of sales
B. 30% of the items that represent 50% of sales
C. 30% of the items that represent 15% of sales
D. 50% of the items that represent 50% of sales
E. 50% of the items that represent 5% of sales
Correct Answer: A
All of the following are extrinsic factors that influence demand for a product EXCEPT: A. customer product requirements B. customer corporate objectives http://www.gratisexam.com/ C. business cycle D. product positioning
Correct Answer: D
Which of the following would be forecasted? A. dependent demand B. independent demand C. raw materials D. indirect demand E. purchased parts
Correct Answer: B
Which of the following supply chain perspectives is being pursued if a company’s initiatives include barcoding, RFIDs, and EDI as the primary drivers of supply
chain excellence?
A. independent functional areas loosely coupled
B. procurement viewpoint
C. logistics viewpoint
D. information system viewpoint
E. BPR and operations innovation viewpoint
Correct Answer: D
All of the following helps build a brand EXCEPT: A. reputation B. product functionality C. advertising and promotion D. polling customers of competitors E. awareness among buyers
Correct Answer: D
Which term best corresponds to the distribution side of the supply chain? A. downstream B. mainstream C. upstream D. value stream E. North Star
Correct Answer: A
Which of the following departments contributes the least to the base product? http://www.gratisexam.com/ A. R & D B. Engineering C. Manufacturing D. Marketing and Sales
Correct Answer: D
Which of the following do many practitioners associate with the term "collaboration" as applied to supply chains? A. information sharing B. collaborative planning C. joint decision making D. supply chain restructuring
Correct Answer: A
All of the following are dimensions of flexibility EXCEPT: A. product mix B. design changeover C. product pricing D. product volume E. rerouting
Correct Answer: C
All of the following are reasons why a top-down approach is a necessity to be effective at the supply chain level EXCEPT:
A. avoiding local optimums
B. interdependence of departments and businesses
C. one-way information sharing
D. knowledge sharing needed to solve problems
Correct Answer: C
What term is used to describe the basic product or service, the supply chain that delivers it, plus other features and factors that go along with the product or service? A. chain product B. extended product C. functional product D. mature product E. global product
Correct Answer: B
Which of the following are extended product factors? A. dealer quality II. after sale service III. warranty B. I C. II D. III E. II and III F. I, II and III
Correct Answer: E
Which of the following are extended product factors? A. financing for purchase II. ease of doing business III. product returns B. I C. II D. III E. II and III F. I, II and III
Correct Answer: E
Which of the following terms emphasizes financial success and strategic positioning? http://www.gratisexam.com/ A. supply chain B. value chain C. product chain D. profit chain
Correct Answer: B
If a company targets cost reduction across the supply chain with benefits shared among partners, which stage of supply chain management capability would it be at
with respect to removing cost from the supply chain?
A. dysfunctional
B. infrastructure
C. cost reduction
D. collaboration
E. strategic contribution
Correct Answer: E
All of the following are tasks required to better manage supply chains EXCEPT:
A. designing supply chains for strategic advantage
B. implementing collaborative relationships
C. develop software systems
D. manage supply chain information
E. removing cost from the supply chain
Correct Answer: C
What type of supply chain is required for innovative products? A. responsive B. efficient C. available D. strategic E. collaborative
Correct Answer: A
All of the following are attributes of economic difference factors EXCEPT:
A. per capita income differences
B. different financial capabilities
C. inadequate skills and number of workers
D. no common currency
E. missing natural resource requirements
Correct Answer: D
All of the following are attributes of geographic difference factors EXCEPT: A. trading blocs B. physical distance C. poor access/transportation D. adverse or different climate
Correct Answer: A
What does the "A" in the CAGE framework stand for? A. administrative B. accountable C. activity D. application E. automated
Correct Answer: A
What does the "G" in the CAGE framework stand for? A. general B. gain C. geographic http://www.gratisexam.com/ D. globalization
Correct Answer: C