SCM Exam 3 UPDATED ACTUAL Questions and CORRECT Answers
Which of the following is not a theoretical factor of fore-
casting?
Multiple Choice
Amount
Amount.
Trend.
Cyclical.
Seasonal.
Advanced planning and scheduling (APS) facilitates im-
provements in customer service by .
Multiple Choice
reducing the time to make accurate commitments to cus-
reducing the time to make accurate commitments to cus-
tomers
tomers
reducing inventory levels
improving resource utilization
None of the above
Which of the following is not a benefit of sales and oper-
ations planning?
Multiple Choice
The S&OP process eliminates the need to have finished
The S&OP process eliminates the need to have finished
goods inventory.
goods inventory.
The S&OP process results in better customer service.
The S&OP process provides better visibility into future
capacity problems.
The S&OP process provides a single set of numbers to run
the business.
When planning for an increase in production, APS helps
to .
, Multiple Choice
determine what is best for the customer
identify and calculate the cost of strategic options Both determine what is best for the customer and identify
determine what is best for suppliers and calculate the cost of strategic options are correct
Both determine what is best for the customer and identify
and calculate the cost of strategic options are correct
What does the R stand for in CPFR?
Multiple Choice
Repeat. replenish
Replenish.
Re-evaluate.
Re-design.
Which of the following is not a reason for increased im-
portance of S&OP?
Multiple Choice
precise demands by key customers
Increased capacity.
Lesser variance of products.
Strategies are simplified.
Precise demands by key customers.
Promotions such as "buy one get one free" are somewhat
risky in terms of forecasting. Why?
Multiple Choice
could decrease future sales
Increases likelihood of competition.
Could decrease future sales.
Decreases perceived value of regular-price items.
Gives the impression of a struggling company.
In a situation where there are low economies of scale and
a long response time, the supply chain strategy should
Which of the following is not a theoretical factor of fore-
casting?
Multiple Choice
Amount
Amount.
Trend.
Cyclical.
Seasonal.
Advanced planning and scheduling (APS) facilitates im-
provements in customer service by .
Multiple Choice
reducing the time to make accurate commitments to cus-
reducing the time to make accurate commitments to cus-
tomers
tomers
reducing inventory levels
improving resource utilization
None of the above
Which of the following is not a benefit of sales and oper-
ations planning?
Multiple Choice
The S&OP process eliminates the need to have finished
The S&OP process eliminates the need to have finished
goods inventory.
goods inventory.
The S&OP process results in better customer service.
The S&OP process provides better visibility into future
capacity problems.
The S&OP process provides a single set of numbers to run
the business.
When planning for an increase in production, APS helps
to .
, Multiple Choice
determine what is best for the customer
identify and calculate the cost of strategic options Both determine what is best for the customer and identify
determine what is best for suppliers and calculate the cost of strategic options are correct
Both determine what is best for the customer and identify
and calculate the cost of strategic options are correct
What does the R stand for in CPFR?
Multiple Choice
Repeat. replenish
Replenish.
Re-evaluate.
Re-design.
Which of the following is not a reason for increased im-
portance of S&OP?
Multiple Choice
precise demands by key customers
Increased capacity.
Lesser variance of products.
Strategies are simplified.
Precise demands by key customers.
Promotions such as "buy one get one free" are somewhat
risky in terms of forecasting. Why?
Multiple Choice
could decrease future sales
Increases likelihood of competition.
Could decrease future sales.
Decreases perceived value of regular-price items.
Gives the impression of a struggling company.
In a situation where there are low economies of scale and
a long response time, the supply chain strategy should
