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CSCP Practice Exam - 50 Questions Flashcards | StudBud
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CSCP Practice Exam - 50 Questions
CSCP Practice Exam - 50 Questions
50 terms
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StudBud Administration
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1min for True/False questions, 1m30s for all others
Flashcards
50 cards
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Questions
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Answers
1
An order winner is a product or product feature needed to enter a market (be a viable competitor).
False
True
2
A company that wants to implement a strategy for inventory management first must define which of the following concepts?
Procedures and parameters
Inventory service level
Products and markets classification
Segment strategy
3
Which of these actions is most effective in reducing variations in the relative profit of a product sold globally?
Limiting the number of trading partners
Engaging in strategic partnerships
Hedging by selling in multiple regions
Signing long-term agreements with suppliers
4
Read question in image below:
Customer Relationship Management (CRM)
Market Segmentation
Customer service ratio metrics
Supply Chain Operations Reference (SCOR®)
5
Which of the following characteristics of a SC is most desirable when measuring performance from a stockholder position?
It uses business-to-business commerce.
It incorporates lean enterprise.
It maximizes velocity and return on assets.
It is fully integrated with Just-in-Time manufacturing.
6
Read the question in the image:
Lease a fleet of delivery vehicles and operate them
Outsource its order fulfillment process
Contract with a package delivery service
Own and operate a fleet of delivery vehicles
7
The 4 P's of Marketing are:
Product, Profit, Placement, Promotion
Product, Price, Procurement, Prevention
Product, Price, Placement, Promotion
Product, Procurement, Promotion, Pricing
8
The finish-to-order model is an effective inventory strategy when the product:
is frequently out of stock.
has a limited set of features.
is completed before the customer order is received.
has a long manufacturing lead time.
9
Read question in image below.
product simplification.
process standardization
Demand aggregation
risk pooling.
10
Which of the following types of plans is a direct output of sales and operations planning?
Marketing
Demand
Business
Strategic
11
Read question in image below:
product cost
product quality
inventory turns
cash-to-cash cycle time
12
A mfg company with limited skill in logistics plans to expand into an international market. At the start, what is best?
build a distribution network.
gain logistics experience.
buy a distribution company.
engage a third-party logistics company.
13
In supply chain management, a major benefit of an enterprise resources planning system is:
short return-on-investment payback period.
simple training requirements.
the ability to do strategic planning.
Visibility to real-time data
14
Which two of the following factors are most important when considering whether topartner with a supplier?
Just-in-Time delivery and quality
Concurrent engineering and vendor scheduling
Linearity and communication
Shared vision and trust
15
Which of the following features is typically required for the S&OP process to be effectively used by an organization?
High level of forecast accuracy
Data integration across multiple functions
Monthly executive meetings
Advanced information technology systems
16
Which of the following statements does NOT apply to supply chain event management (SCEM)?
improving because of real-time data provided by new IT, such as e-commerce
Monitors transactions to send alerts regarding potential problems / delays
Analyze the company's processes and compare with industry benchmarking data
responsible for providing SC performance measures for the organization
17
Which of the following measures most commonly is used for assessing the efficient use of capital?
Inventory turn ratio
Cash-to-cash cycle
Return on investment ratio
Cash turnover ratio
18
The first stage of supply chain maturity is Integrated Enterprise.
False
True
19
Which of the following is the most important result when a company implements customer relationship management?
Product options are increased
Transaction costs are decreased
Profits are maximized
Retention of key customers is increased
20
PDCA, which refers to a circular model for continuous improvement, is an acronym for:
prepare, develop, create, adjust.
plan, do, check, action.
plan, disseminate, control, analyze.
project, design, control, apply.
21
Which of the following food products should be shipped directly from the manufacturer tothe retailer?
Soft drinks
Fresh milk
Packaged rice
Canned fish
22
A store gets frequent deliveries of high-volume commodities with stable demand. Which SC strategy is best for the store?
Pull
Continuous replenishment
Push
Inventory positioning
23
In relation to supply chain cost, which of the following factors is NOT considered when designing a product for market?
Stackability in storage
Marketing information to the customer
Cube-out vs. weight-out
Ease of handling
24
The most critical measure of strategic success is the amount of increase in:
market share.
employee satisfaction.
gross margin.
return on investment.
25
Which of the following feedback tools would summarize supplier performance?
Scorecards
Performance alerts
Surveys
Joint quality meetings
26
Lean supply chains strive to achieve their objectives by using which of the followingtechniques?
Value stream mapping
Lot sizing
Cost reduction
Quality Function Deployment
27
Read question in image below:
Technology to determine a capable-to-promise level of visibility
Technology to network partners’ sourcing & eliminate hand-offs in RFQ's
Technology to determine profitable tradeoffs in response to unplanned event
Technology to determine which of many plants can best handle a given load
28
Which outcome is one of the major benefits associated with CRM performed in an e-business environment?
Ability to price items higher while lowering marketing costs
Opportunity to target more profitable customers, products, and services
Ability to develop valued, lifetime customer relationships
Significant reduction in the cost of customer contact
29
What type of demand component does the following figure represent?
Seasonal
Uneven
Random
Trend
30
Responsiveness to changing demands by using a sales portal is an example of connecting suppliers by which of these?
Replenishment
Replanning
Relationship management
Customer service
31
Which of the following would be most appropriate for trading partners implementing cooperative supply chain management?
Increasing the responsiveness of the supply chain.
Ensuring that each trading partner is profitable.
Minimizing total supply chain inventory levels.
Eliminating redundant transactions between trading partners.
32
Customer service is most appropriately defined as the ability of a company to address:
customer-order issues.
demand planning and pricing issues for customers.
needs, inquiries, and requests of customers.
customer problems in areas related to product features and shipping.
33
During medium-range planning activities, safety stock can best be used to:
implement a time-phased stock replenishment plan.
cushion the company against unknown fluctuations in demand.
allow for consistent production lot sizing.
minimize storage and transportation costs.
34
Which of the following approaches typically would be most effective in increasing inventory velocity in a supply chain?
Using faster modes of transportation
Adding capacity at bottlenecks
Using 3PL's
Ensuring less idle time for inventory
35
When a company is developing a new product for sale in independent retail stores, most critical task for the execs is:
ensure sufficient quantities are shipped to each store by the launch date.
ensure each retailer is selling the products for the same strategic price.
a procedure is in place to allow retailers to return unsold inventory.
to ensure mutual strategic goals are set for launch and positioning.
36
A radio frequency tag is used primarily to:
automatically capture product data.
allow an object to interface with consumers.
deliver a marketing message.
track a product's life cycle.
37
Which of the following examples is a "voice of the customer" activity?
Summarizing transaction records
Summarizing sales activities
Compiling an online purchase history
Conducting direct interviews and discussions
38
Elimination of non-value-added activities is the primary focus of:
Jidoka
Lean manufacturing
Manufacturing resource planning
Six Sigma production
39
Read question in image below:
Change the KPI target.
Use broader KPIs.
Invest in new supply planning tools.
Train demand planners.
40
A company has sales of $100,000; 10% SC expense; 80% other expnses. What will gain the largest increase in gross profit?
Reduce supply chain expense by 5%.
Increase sales by 10% and reduce supply chain expense by 2%.
Increase sales by 25%.
Increase sales by 5% and reduce supply chain expense by 1%.
41
Which of these creates SC plans that include long-range product family planning and short-term detailed scheduling?
Sales and operations planning
Advanced planning & scheduling
Transportation management systems
Product content data management
42
Launching a website that connects distributors and retailers with many garment manufacturers from whom they can buy is:
intranet commerce.
horizontal exchange.
internet storefront.
business-to-business commerce.
43
The primary benefit of electronic business (e-business) is:
improved market share.
lower overhead.
business collaboration.
product line expansion
44
The total cost of ownership measurement includes:
net present value.
the cost of carrying inventory.
return on investment.
tangible and intangible costs.
45
Which of the following statements best defines a business plan?
Strategy for achieving competitive advantage by integrating CRM with SCM
Document that details financial objectives
Information obtained from the R&D dept. for managing the product life cycle
Document consisting of organizational, strategic, and financial tactics
46
The primary output of sales and operations planning (S&OP) typically is:
tactical plans to support the business strategies.
balanced item supply and demand plans.
S&OP executive meetings.
the aggregated production plan (APP).
47
Which of the following activities typically is included in a warehouse management system?
Vehicle routing
Freight-bill auditing
Product-availability estimating
Invoicing
48
The primary reason for a firm to pursue strategic supply chain activities is to:
increase productivity.
reduce costs.
gain competitive advantage.
increase profitability.
49
Change in which of the following contributes most to building global relationships among suppliers and customers?
Transportation
Information Technology
Quality standards
Government regulations
50
Based on the Six Sigma CI initiative, which of the following sequences of steps is correct for the process?
4, 5, 1, 3, 2
4, 1, 3, 2, 5
1, 4, 3, 5, 2
1, 3, 2, 4, 5