CSCP

CSCP practice questions, page 37 of 37, with answer review and explanations.

Question 181

Which of the following actions is most likely to improve the flow of funds between a group of supply chain partners?

  1. Increasing the level of information sharing and collaboration
  2. Negotiating a single set of terms for the trading partners
  3. Increasing a partner's cash-to-cash cycle time
  4. Selecting a single currency for all group transactions

Question 182

A key assumption of the economic order quantity (EOQ) is that:

  1. future demand cannot be projected.
  2. the rate of demand is continuous and constant.
  3. reorder frequency is fixed.
  4. as the lot size decreases, the setup cost per unit decreases.

Question 183

A company is seeking to attract recent college graduates as customers. Which of the following market characteristics should the company use in order to segment its customers?

  1. Geographic
  2. Demographic
  3. Price sensitivity
  4. Cultural

Question 184

A company with a fleet of trucks is considering using a third-party logistics (3PL) provider to distribute a new product. Which of the following benefits most likely will result?

  1. Fewer tax implications
  2. Limited exposure to regulatory violations
  3. Fixed delivery costs
  4. Better market accessibility

Question 185

Which of the following cost elements typically would be included in the cost of carrying inventory?

  1. Scrap during production
  2. Depreciation of product equipment
  3. Direct materials
  4. Obsolescence