CSCP practice questions, page 25 of 37, with answer review and explanations.
Question 121
Which of the following statements represents a major assumption needed to effectively use days of supply as a measure?
The reorder point for the inventory has been calculated correctly.
The forecast for the item usage is reasonably accurate.
The item is in the growth phase of the product life cycle.
The item is subjected to statistical process control (SPC) during production.
Question 122
Attaching a fuel tank cap to a fuel tank door on a car is an example of which of the following lean techniques?
Five Ss
Five whys
Poka-yoke
Kaizen
Question 123
When evaluating several possible supply chain options, a firm considering the minimal total cost should:
ensure that the inventory levels are as low as possible to minimize holding costs while still providing adequate customer service.
account for the combined costs of holding buffer inventory and incurring inventory shortages.
consider the costs of acquiring, holding, and transporting inventory and of servicing customers.
place buffer inventory in the lowest cost locations that meet lead time and service level requirements from customers.
Question 124
A primary objective of a lean enterprise is to:
analyze and focus the value stream along all functions to maximize value for the ultimate customer.
employ people who have enhanced abilities to learn and adapt to the corporate culture.
continuously improve processes and procedures to maintain a level production schedule.
create value for its suppliers by incorporating lean manufacturing principles into a supplier certification process.
Question 125
Cost reduction, improvement of company focus, and freeing assets from noncore activities are among the results achieved through effective implementation of: