Free Access APICS.CSCP.v2022-07-28.q245 Practice Test (Page 38)

Question 181

Which of the following is defined as the time it takes for an investment made to flow back intoa company after it has been spent for raw materials?

A.cash-to-cash cycle time

B.cost of goods sold

C.average actual cycle time

D.return on supply chain fixed assets

E.order fulfillment cycle time

Question 182

Which of the following measures would be most appropriate for a supply chain focused on reliability as a competitive priority?

A.Production volume flexibility

B.Total supply chain cost

C.Supply chain response time

D.Order fulfillment lead times

Question 183

Benchmarking a firm's performance against industry competitors is most valuable because it can reveal:

A.that no further improvement is possible.

B.a firm's leadership ranking relative to industry peers.

C.a competitor's manufacturing processes.

D.which processes require improvement.

Question 184

All of the following are examples of collaborative initiatives, EXCEPT:

A.VMI

B.JIT

C.joint product development programs

D.consignment

E.CPFR

Question 185

Which attribute is defined as the percentage of orders that are filled perfectly?

A.asset management

B.flexibility

C.reliability

D.costs

E.responsiveness

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