Free Access APICS.CSCP.v2022-07-28.q245 Practice Test (Page 14)

How is the amount of variability in customer demand most often measured?

A.trimmed mean

B.sample standard deviation

C.sample mean

D.range

E.proportion of on-time delivery

Which of the following outcomes occurs when direct shipping is used instead of a distribution network?

A.Inventory obsolescence is reduced.

B.Outbound transportation cost is reduced.

C.Inventory velocity is reduced.

D.Order-fill rates are reduced.

Which of the following benefits of supplier relationship management typically results from collaboration with a few critical suppliers?

A.Standardization of communications

B.Reduction in customer and supplier inventories

C.Automation of supplier sales activities

D.Elimination of formal contracts

Which of the following types of information would be an appropriate basis for a qualitative forecast?

A.Shipment history

B.Leading indicators

C.Order history

D.Market research data

The primary objective of supply chain management is:

A.minimizing transportation costs.

B.taking a systems approach.

C.implementing advanced technologies.

D.reducing inventory levels.

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