CSCP APICS Exam Questions and Free Practice Test

Question 43

- (Topic 3)
Which of the following characteristics typically is a feature of supplier relationship management?

A. Supplier employees are located at the firm's facilities.

B. Inventory is verified before the supplier ships the goods.

C. Performance of both firms is measured and reported regularly.

D. The supplier is the sole source for the goods.

Correct Answer:C

Question 44

- (Topic 3)
Which of the following outcomes is the primary benefit to an organization that develops a supplier certification program?

A. Supplier capability is documented.

B. Inspection costs are reduced.

C. Delivery time is improved.

D. Negotiating power is strengthened for the certifying organization.

Correct Answer:B

Question 45

- (Topic 3)
Which of the following factors should be considered when establishing an inventory policy?

A. Customer demand

B. Selling price history

C. Historical service levels

D. Number of customers

Correct Answer:A

Question 46

- (Topic 3)
Which of the following factors is the most important driver of supply chain change?

A. Health and safety concerns

B. Competitor actions

C. Government regulations

D. Customer perceptions of value

Correct Answer:D

Question 47

- (Topic 1)
A remanufacturer of equipment is most likely to have what type of supply chain?

A. Modular logistics

B. Reverse logistics

C. Mixed model

D. Lateral

Correct Answer:B

Question 48

- (Topic 3)
A company that locates manufacturing facilities in different countries so that an economic downturn in one country most likely will be offset by business in another country is employing what type of strategy?

A. Speculative

B. Hedge

C. Flexible

D. Forecast

Correct Answer:B

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