CSCA - ISCEA CERTIFICATION EXAM
PRACTICE CORRECT 100%
Sources of supply chain cost are: - ANSWER -The difference between costs incurred
and costs delayed
-Flows of information, products, or funds between stages of the supply chain***
-The sum of the costs incurred and the costs delayed
-None of the above
Regarding a company's supply chain strategy, the extremes of the cost spectrum are
represented by the terms: - ANSWER -Responsive and efficient***
-Dynamic and static
-Rigid and flexible
-Discrete and continuous
The advantage a company has in attracting new customers and defending against the
loss of current customers to competitors is known as: - ANSWER -Cumulative
advantage
-Continuous advantage
-Competitive advantage***
-Customer advantage
What is the title of the strategy that determines the nature of material procurement,
transportation of materials, manufacture of product or creation of service, distribution of
product? - ANSWER -Supply Chain Strategy***
-Product and Service Development Strategy
-Marketing and Sales Strategy
-Human Resource Strategy
Which driver of information, product and funds movement is "the set of business
processes required to purchase goods and services"? - ANSWER -Information
-Pricing
-Sourcing***
-Inventory
Which driver of information, product and funds movement is "the data and analysis
concerning facilities, inventory, transportation, cost, prices, and customers"? - ANSWER
-Information***
-Pricing
-Sourcing
-Inventory
, Which driver of information, product and funds movement is "the process by which a
company decides how much to charge for its products or services"? - ANSWER -
Information
-Pricing***
-Sourcing
-Inventory
Those characteristics that get potential customers to consider buying your products and
services. - ANSWER -Order initiation
-Order winners
-Order qualifiers***
-Order profiles
All customer orders that have not shipped. Includes past due, current, and future orders
are: - ANSWER -Backlog***
-Backorder
-Backwater
-None of the above
Regarding inventory performance measures, "inventory turns": - ANSWER -Is the
fraction of inventory older than a specified obsolescence date
-Should be measured in units, days of demand, and financial value
-Is the ratio of the average inventory to either the cost of goods sold or sales (at cost), to
the average aggregate inventory value***
-Should not be averaged over time but over a specified number of units of demand
The desired probability of not running out of stock in any one ordering cycle is: -
ANSWER -The WMA (Weighted Moving Average)
-The EOQ (Economic Ordering Quantity)
-The CSL (Customer Service Level)***
-The DPQ (Desired Probability Quotient)
Which of the following specifies what is to be made and when, is the result of the
production planning process, and is established in terms of specific products? -
ANSWER -Master Production Schedule***
-Master Computerized Schedule
-Manufacturing Resource Planning
-Material Requirements Planning
Addresses only critical work-centers, may ignore work in process or even on-hand
inventory, may not consider job sequence effect, and may not consider job set-up time
dependency, are limitations of: - ANSWER -Rough-cut Capacity Planning (RCCP)***
-Load Requirements Profile (LRP)
-Detailed Routing Execution (DRE)
-Rough-cut Load Profile Detailed Execution Planning (RCLPDEP)
PRACTICE CORRECT 100%
Sources of supply chain cost are: - ANSWER -The difference between costs incurred
and costs delayed
-Flows of information, products, or funds between stages of the supply chain***
-The sum of the costs incurred and the costs delayed
-None of the above
Regarding a company's supply chain strategy, the extremes of the cost spectrum are
represented by the terms: - ANSWER -Responsive and efficient***
-Dynamic and static
-Rigid and flexible
-Discrete and continuous
The advantage a company has in attracting new customers and defending against the
loss of current customers to competitors is known as: - ANSWER -Cumulative
advantage
-Continuous advantage
-Competitive advantage***
-Customer advantage
What is the title of the strategy that determines the nature of material procurement,
transportation of materials, manufacture of product or creation of service, distribution of
product? - ANSWER -Supply Chain Strategy***
-Product and Service Development Strategy
-Marketing and Sales Strategy
-Human Resource Strategy
Which driver of information, product and funds movement is "the set of business
processes required to purchase goods and services"? - ANSWER -Information
-Pricing
-Sourcing***
-Inventory
Which driver of information, product and funds movement is "the data and analysis
concerning facilities, inventory, transportation, cost, prices, and customers"? - ANSWER
-Information***
-Pricing
-Sourcing
-Inventory
, Which driver of information, product and funds movement is "the process by which a
company decides how much to charge for its products or services"? - ANSWER -
Information
-Pricing***
-Sourcing
-Inventory
Those characteristics that get potential customers to consider buying your products and
services. - ANSWER -Order initiation
-Order winners
-Order qualifiers***
-Order profiles
All customer orders that have not shipped. Includes past due, current, and future orders
are: - ANSWER -Backlog***
-Backorder
-Backwater
-None of the above
Regarding inventory performance measures, "inventory turns": - ANSWER -Is the
fraction of inventory older than a specified obsolescence date
-Should be measured in units, days of demand, and financial value
-Is the ratio of the average inventory to either the cost of goods sold or sales (at cost), to
the average aggregate inventory value***
-Should not be averaged over time but over a specified number of units of demand
The desired probability of not running out of stock in any one ordering cycle is: -
ANSWER -The WMA (Weighted Moving Average)
-The EOQ (Economic Ordering Quantity)
-The CSL (Customer Service Level)***
-The DPQ (Desired Probability Quotient)
Which of the following specifies what is to be made and when, is the result of the
production planning process, and is established in terms of specific products? -
ANSWER -Master Production Schedule***
-Master Computerized Schedule
-Manufacturing Resource Planning
-Material Requirements Planning
Addresses only critical work-centers, may ignore work in process or even on-hand
inventory, may not consider job sequence effect, and may not consider job set-up time
dependency, are limitations of: - ANSWER -Rough-cut Capacity Planning (RCCP)***
-Load Requirements Profile (LRP)
-Detailed Routing Execution (DRE)
-Rough-cut Load Profile Detailed Execution Planning (RCLPDEP)
