Question 1

Which of the following considerations are essential to a company's advanced supply chain strategy that utilizes cloud computing?

Accepted Answer

A)  Understanding the history and evolution of supply chain technologies 
B)  Understanding the complexity of information services configuration 
C)  Understanding the content and scope of a company's cloud implementation 
D)  Understanding the product offering of local and global internet service providers (ISPs) 
A)  Understanding the history and evolution of supply chain technologies 
B)  Understanding the complexity of information services configuration 
C)  Understanding the content and scope of a company's cloud implementation 
D)  Understanding the product offering of local and global internet service providers (ISPs)

Question 2

Component commonality in manufacturing primarily allows a company to:

Accepted Answer

A)  optimize production runs for the components. 
B)  use less-specialized machinery. 
C)  decrease single-minute exchange of die processes. 
D)  increase planning and control. 
A)  optimize production runs for the components. 
B)  use less-specialized machinery. 
C)  decrease single-minute exchange of die processes. 
D)  increase planning and control.

Question 3

Which of the following statements best describes the motivation for the creation of the Global Reporting Initiative (GRI) sustainability reporting guidelines?

Accepted Answer

A)  To combat widely reported sustainability abuses of multi-national companies 
B)  To combat increased globalization and consumption of natural resources. 
C)  To support governmental regulation on use and export of natural resources. 
D)  To support companies working to make their operations more sustainable. 
A)  To combat widely reported sustainability abuses of multi-national companies 
B)  To combat increased globalization and consumption of natural resources. 
C)  To support governmental regulation on use and export of natural resources. 
D)  To support companies working to make their operations more sustainable.

Question 4

Which of the following variables is the most appropriate customer-facing goal used to determine the target inventory level?

Accepted Answer

A)  Inventory turns 
B)  Level of service 
C)  Total delivery cost 
D)  Delivery lead time 
A)  Inventory turns 
B)  Level of service 
C)  Total delivery cost 
D)  Delivery lead time

Question 5

What is the primary benefit of using a central storage warehouse for all components rather than using point-of-use storage?

Accepted Answer

A)  Reduced need for bar codes and radio frequency identification technology 
B)  Reduced material handling costs 
C)  Ease of control and count accuracy 
D)  Maintain a cleaner shop floor 
A)  Reduced need for bar codes and radio frequency identification technology 
B)  Reduced material handling costs 
C)  Ease of control and count accuracy 
D)  Maintain a cleaner shop floor

Question 6

A distributor wants to run a promotion on an item that a manufacturer has just introduced. Which of the following processes would provide the most useful input data for evaluating the impact of promotions?

Accepted Answer

A)  Demand planning 
B)  Production scheduling 
C)  Inventory management 
D)  Transportation planning 
A)  Demand planning 
B)  Production scheduling 
C)  Inventory management 
D)  Transportation planning

Question 7

Which of the following tools is most appropriate to use to determine projects that will achieve the greatest net benefits?

Accepted Answer

A)  Pareto diagram 
B)  Fishbone diagram 
C)  Process flow diagram 
D)  Operation process chart 
A)  Pareto diagram 
B)  Fishbone diagram 
C)  Process flow diagram 
D)  Operation process chart

Question 8

Companies are more likely to consider the consequences of their product design decisions when they view the reverse supply chain as an extension of the:

Accepted Answer

A)  forward supply chain. 
B)  marketing process. 
C)  manufacturing process. 
D)  sales and operations planning process. 
A)  forward supply chain. 
B)  marketing process. 
C)  manufacturing process. 
D)  sales and operations planning process.

Question 9

The most cost-effective way to increase the velocity of goods in a supply chain is to:

Accepted Answer

A)  improve the way the supply chain handles goods that are not in motion. 
B)  switch to a faster mode of transportation. 
C)  establish warehouses near major retail outlets. 
D)  subcontract with multiple third-party logistics (3PL) providers who are located at strategic locations. 
A)  improve the way the supply chain handles goods that are not in motion. 
B)  switch to a faster mode of transportation. 
C)  establish warehouses near major retail outlets. 
D)  subcontract with multiple third-party logistics (3PL) providers who are located at strategic locations.

Question 10

The primary reason to establish a customer-dedicated warehouse is to:

Accepted Answer

A)  integrate and consolidate an assortment of inventory. 
B)  position inventory to improve response time. 
C)  balance inventory with consumption. 
D)  equalize inbound and outbound logistics costs. 
A)  integrate and consolidate an assortment of inventory. 
B)  position inventory to improve response time. 
C)  balance inventory with consumption. 
D)  equalize inbound and outbound logistics costs.

Question 11

Which of the following objectives is a major principle of theory of constraints (TOC) accounting when applied to a supply chain?

Accepted Answer

A)  Total inventory reduction 
B)  Maximize process utilization 
C)  Maximize revenue generation 
D)  Product design simplification 
A)  Total inventory reduction 
B)  Maximize process utilization 
C)  Maximize revenue generation 
D)  Product design simplification

Question 12

A media company offers a majority of its movies through a specific distributor. The media company is beginning to produce content for a new foreign market to which the distributor has exclusive access. To maximize savings and gain entry to this new market, the media company should:

Accepted Answer

A)  create a contract for the new market. 
B)  enter into a partnership. 
C)  form a strategic alliance. 
D)  acquire the distributor. 
A)  create a contract for the new market. 
B)  enter into a partnership. 
C)  form a strategic alliance. 
D)  acquire the distributor.

Question 13

Which of the following considerations is an important supply chain design decision?

Accepted Answer

A)  Product design 
B)  Selecting supporting information systems 
C)  Identifying labor force requirements 
D)  Identifying training programs 
A)  Product design 
B)  Selecting supporting information systems 
C)  Identifying labor force requirements 
D)  Identifying training programs

Question 14

The use of theory of constraints (TOC) differs from traditional decision making because it:

Accepted Answer

A)  examines the resource's utilization rather than the cost of a product 
B)  recognizes that the individual resources that limit business performance are difficult to find and manage 
C)  places greater emphasis on timing than cost in adjusting resources that are limiting business performance 
D)  provides a way to analyze the operating cost of a resource that is easier to use than traditional accounting methods 
A)  examines the resource's utilization rather than the cost of a product 
B)  recognizes that the individual resources that limit business performance are difficult to find and manage 
C)  places greater emphasis on timing than cost in adjusting resources that are limiting business performance 
D)  provides a way to analyze the operating cost of a resource that is easier to use than traditional accounting methods

Question 15

In an advanced planning system, which of the following modules feeds the master planning module?

Accepted Answer

A)  Purchasing planning 
B)  Demand planning 
C)  Distribution planning 
D)  Fulfillment planning 
A)  Purchasing planning 
B)  Demand planning 
C)  Distribution planning 
D)  Fulfillment planning

Question 16

Two individuals are travelling by train to the same location, departing from two different cities. Both purchased tickets when they arrived for departure, yet paid different prices. Which of the following pricing strategies was most likely practiced by the train company?

Accepted Answer

A)  Regional pricing 
B)  Coupons and rebates 
C)  Product versioning 
D)  Channel pricing 
A)  Regional pricing 
B)  Coupons and rebates 
C)  Product versioning 
D)  Channel pricing

Question 17

Transforming company policies into objectives and specific goals creates a:

Accepted Answer

A)  performance standard. 
B)  organizational benchmark. 
C)  supply chain metric. 
D)  balanced scorecard. 
A)  performance standard. 
B)  organizational benchmark. 
C)  supply chain metric. 
D)  balanced scorecard.

Question 18

In the Supply Chain Operations Reference-model (SCOR®), the cash-to-cash cycle time for a manufacturing company is the number of days between which two of the following situations?

Accepted Answer

A)  Paying for raw materials and getting paid for the product 
B)  Shipping the product from the warehouse and receiving it at the customer's location 
C)  Paying for raw materials and sending an invoice to the customer 
D)  Billing the customer and getting paid for the product 
A)  Paying for raw materials and getting paid for the product 
B)  Shipping the product from the warehouse and receiving it at the customer's location 
C)  Paying for raw materials and sending an invoice to the customer 
D)  Billing the customer and getting paid for the product

Question 19

When a company undertakes a win-back strategy without considering the profitability of customer accounts, it is neglecting which of the following key elements?

Accepted Answer

A)  Loyalty 
B)  Scoring 
C)  Segmentation 
D)  Prospecting 
A)  Loyalty 
B)  Scoring 
C)  Segmentation 
D)  Prospecting

Question 20

A return material authorization (RMA) policy is used in reverse logistics to:

Accepted Answer

A)  physically transport returned items by using an efficient transportation mode. 
B)  minimize the number of returned items by involving product design and demand forecasting. 
C)  reduce the cost of returned items by refusing to accept items that should not be returned. 
D)  reclaim substantial value from returned items by recycling. 
A)  physically transport returned items by using an efficient transportation mode. 
B)  minimize the number of returned items by involving product design and demand forecasting. 
C)  reduce the cost of returned items by refusing to accept items that should not be returned. 
D)  reclaim substantial value from returned items by recycling.

Which of the following considerations are essential to a company's advanced supply chain strategy that utilizes cloud computing?

Component commonality in manufacturing primarily allows a company to:

Which of the following statements best describes the motivation for the creation of the Global Reporting Initiative (GRI) sustainability reporting guidelines?

Which of the following variables is the most appropriate customer-facing goal used to determine the target inventory level?

What is the primary benefit of using a central storage warehouse for all components rather than using point-of-use storage?

A distributor wants to run a promotion on an item that a manufacturer has just introduced. Which of the following processes would provide the most useful input data for evaluating the impact of promotions?

Which of the following tools is most appropriate to use to determine projects that will achieve the greatest net benefits?

Companies are more likely to consider the consequences of their product design decisions when they view the reverse supply chain as an extension of the:

The most cost-effective way to increase the velocity of goods in a supply chain is to:

The primary reason to establish a customer-dedicated warehouse is to:

Which of the following objectives is a major principle of theory of constraints (TOC) accounting when applied to a supply chain?

A media company offers a majority of its movies through a specific distributor. The media company is beginning to produce content for a new foreign market to which the distributor has exclusive access. To maximize savings and gain entry to this new market, the media company should:

Which of the following considerations is an important supply chain design decision?

The use of theory of constraints (TOC) differs from traditional decision making because it:

In an advanced planning system, which of the following modules feeds the master planning module?

Two individuals are travelling by train to the same location, departing from two different cities. Both purchased tickets when they arrived for departure, yet paid different prices. Which of the following pricing strategies was most likely practiced by the train company?

Transforming company policies into objectives and specific goals creates a:

In the Supply Chain Operations Reference-model (SCOR®), the cash-to-cash cycle time for a manufacturing company is the number of days between which two of the following situations?

When a company undertakes a win-back strategy without considering the profitability of customer accounts, it is neglecting which of the following key elements?

A return material authorization (RMA) policy is used in reverse logistics to:

Certification in Logistics, Transportation and Distribution

CPIM - Basics of Supply Chain Management

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Exam 3: APICS Certified Supply Chain Professional

Which of the following considerations are essential to a company's advanced supply chain strategy that utilizes cloud computing?

Component commonality in manufacturing primarily allows a company to:

Which of the following statements best describes the motivation for the creation of the Global Reporting Initiative (GRI) sustainability reporting guidelines?

Which of the following variables is the most appropriate customer-facing goal used to determine the target inventory level?

What is the primary benefit of using a central storage warehouse for all components rather than using point-of-use storage?

A distributor wants to run a promotion on an item that a manufacturer has just introduced. Which of the following processes would provide the most useful input data for evaluating the impact of promotions?

Which of the following tools is most appropriate to use to determine projects that will achieve the greatest net benefits?

Companies are more likely to consider the consequences of their product design decisions when they view the reverse supply chain as an extension of the:

The most cost-effective way to increase the velocity of goods in a supply chain is to:

The primary reason to establish a customer-dedicated warehouse is to:

Which of the following objectives is a major principle of theory of constraints (TOC) accounting when applied to a supply chain?

A media company offers a majority of its movies through a specific distributor. The media company is beginning to produce content for a new foreign market to which the distributor has exclusive access. To maximize savings and gain entry to this new market, the media company should:

Which of the following considerations is an important supply chain design decision?

The use of theory of constraints (TOC) differs from traditional decision making because it:

In an advanced planning system, which of the following modules feeds the master planning module?

Two individuals are travelling by train to the same location, departing from two different cities. Both purchased tickets when they arrived for departure, yet paid different prices. Which of the following pricing strategies was most likely practiced by the train company?

Transforming company policies into objectives and specific goals creates a:

In the Supply Chain Operations Reference-model (SCOR®), the cash-to-cash cycle time for a manufacturing company is the number of days between which two of the following situations?

When a company undertakes a win-back strategy without considering the profitability of customer accounts, it is neglecting which of the following key elements?

A return material authorization (RMA) policy is used in reverse logistics to:

Certification in Logistics, Transportation and Distribution

CPIM - Basics of Supply Chain Management

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