CSCMP SCM Track Practice Questions
A consumer's desire and willingness to pay for a specific product or service is
defined as:
A. Economic demand
B. Excess supply
C. Wage increases
D. Product obsolescence - -A
-Demand is best divided into which two kinds?
A. Competitive and non-competitive
B. Individual and market
C. Short-term and long-term
D. Collaboration and consensus - -B
-Finished goods that will be sold are referred to as:
A. Assembly
B. Expedited freight
C. Independent demand
D. Customer service - -C
-The best approach to achieve consensus for creating and finalizing the
demand plan uses which approach?
A. Management directives
B. Collaboration
C. Email
D. Social media - -B
-An estimate of future demand is defined as:
A. Demand forecast
B. Good customer service
C. Materials planning
D. Production planning - -A
-Identify the system that integrates the individual demand forecasts and
plans.
A. Materials Requirements Planning (MRP)
B. Enterprise Resource Planning (ERP)
, C. Capacity Requirement Planning (CRP)
D. Distribution Requirement Planning (DRP) - -B
-Two of the key systems that receive inputs from the demand plan are:
A. Customer Relationship Management (CRM) and MPP
B. Materials Requirements Planning (MRP) and Master Production Schedule
(MPS)
C. Enterprise Resource Planning (ERP) and Forecasting
D. Master Production Schedule (MPS) and PMS - -B
-Identify which planning duration that has the least uncertainty and lowest
risk.
A. Long-term
B. Mid-term
C. Short-term
D. Strategic - -C
-Identify the type of forecasting method that uses historical data for
calculating future demand.
A. Qualitative
B. Quantitative
C. Demand planning
D. Sales - -B
-A collaborative process used to create an accurate demand plan enables a
company to:
A. Achieve a competitive edge
B. Increase inventory
C. Increase the sales force
D. Expand its ERP system - -A
-What is the supply chain function that receives inputs from the demand plan
to procure materials, equipment, and services?
A. Procurement
B. Customer service
C. Inventory management
D. Warehousing operations - -A
-Which of the following is considered to be a binding contract?
A. Purchase requisition
A consumer's desire and willingness to pay for a specific product or service is
defined as:
A. Economic demand
B. Excess supply
C. Wage increases
D. Product obsolescence - -A
-Demand is best divided into which two kinds?
A. Competitive and non-competitive
B. Individual and market
C. Short-term and long-term
D. Collaboration and consensus - -B
-Finished goods that will be sold are referred to as:
A. Assembly
B. Expedited freight
C. Independent demand
D. Customer service - -C
-The best approach to achieve consensus for creating and finalizing the
demand plan uses which approach?
A. Management directives
B. Collaboration
C. Email
D. Social media - -B
-An estimate of future demand is defined as:
A. Demand forecast
B. Good customer service
C. Materials planning
D. Production planning - -A
-Identify the system that integrates the individual demand forecasts and
plans.
A. Materials Requirements Planning (MRP)
B. Enterprise Resource Planning (ERP)
, C. Capacity Requirement Planning (CRP)
D. Distribution Requirement Planning (DRP) - -B
-Two of the key systems that receive inputs from the demand plan are:
A. Customer Relationship Management (CRM) and MPP
B. Materials Requirements Planning (MRP) and Master Production Schedule
(MPS)
C. Enterprise Resource Planning (ERP) and Forecasting
D. Master Production Schedule (MPS) and PMS - -B
-Identify which planning duration that has the least uncertainty and lowest
risk.
A. Long-term
B. Mid-term
C. Short-term
D. Strategic - -C
-Identify the type of forecasting method that uses historical data for
calculating future demand.
A. Qualitative
B. Quantitative
C. Demand planning
D. Sales - -B
-A collaborative process used to create an accurate demand plan enables a
company to:
A. Achieve a competitive edge
B. Increase inventory
C. Increase the sales force
D. Expand its ERP system - -A
-What is the supply chain function that receives inputs from the demand plan
to procure materials, equipment, and services?
A. Procurement
B. Customer service
C. Inventory management
D. Warehousing operations - -A
-Which of the following is considered to be a binding contract?
A. Purchase requisition