CSCP practice questions, page 29 of 37, with answer review and explanations.
Question 141
Replacing a raw material in a manufacturing process with an alternate material that reduces emissions is an example of using:
the global reporting initiative (GRI).
recycling.
rework.
life cycle assessment (LCA).
Question 142
When determining lot sizes, consideration should be given to balancing which of the following costs?
Quality costs and product costs
Cost of goods sold (COGS) and indirect labor costs
Unit sales price and unit cost
Ordering costs and carrying costs
Question 143
Which of the following documents includes the valuation of goods for assessment of duties?
Insurance certificate
Export declaration
Bill of landing (B/L)
Commercial invoice
Question 144
A group of trading partners that produce and distributes supplies to commercial and industrial customers has decided to pursue competitive advantage by being responsive to customers' needs. The most appropriate positioning of safety stock to support this initiative would be at:
a central warehouse for each market segment.
the distribution centers (DCs) closest to the customers.
each node in the distribution channel.
each production facility.
Question 145
A company has significant cash invested in its finished goods inventories. What action can this company take to significantly reduce its inventory investment while maintaining its customer service levels?
Begin production after receipt of customer orders
Move the customer decoupling point from finished goods to components
Increase component assembly lead times
Plan key component material with preferred suppliers