Online Access Free CTSC Practice Test

When planning to reduce distribution costs, which of the following factors is important to include in the calculation?

• A.The costs of excess and obsolete inventory
• B.Projected operating cost increases for inventory control
• C.Cost of implementing the new materials flow network
• D.The cost of capital in warehousing

When performing a review of a SCOR level 3 process from beginning to end, which of the following steps should be taken?

• A.Perform a network compatibility analysis.
• B.Perform a due diligence assessment.
• C.Conduct a staple yourself interview.
• D.Execute a risk and security analysis.

A smartwatch seller wants to determine how many units of a new model release are required to be held as finished goods and how many units should be held as work-in-process (WIP) stock leading to the new model launch date. Which of the following analyses will allow the manufacturer to calculate the required stock levels to avoid backlogs, inventory losses, and other issues?

• A.Descriptive analysis
• B.Prescriptive analysis
• C.Scenario-based analysis
• D.Predictive analysis

Which of the following formulas correctly calculates the days of supply for raw materials?

• A.Average raw material inventory / (Value of raw materials / 365)
• B.Value of raw materials / (Cost of goods sold / 365)
• C.Value of raw materials / (Average raw material inventory / 365)
• D.Cost of goods sold / (Value of raw materials / 365)

Which type of scorecard gap analysis is used to calculate the competitive gap by subtracting the actual performance from the parity or competitive benchmark?

• A.Top-down process
• B.Bottom-up process
• C.SWOT analysis
• D.Pareto analysis