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Free PDF Quiz APICS - CSCP - Certified Supply Chain Professional ¨CProfessional Frequent UpdatesGetting the Certified Supply Chain Professional (CSCP) certification is the way to go if you're planning to get into APICS or want to start earning money quickly. Success in the Certified Supply Chain Professional (CSCP) exam of this credential plays an essential role in the validation of your skills so that you can crack an interview or get a promotion in an APICS company. Many people are attempting the APICS CSCP test nowadays because its importance is growing rapidly.
APICS CSCP certification program is highly regarded in the industry, and is recognized by employers around the world as a mark of excellence in supply chain management. Professionals who earn the CSCP certification are seen as experts in their field, and are often sought after by employers who are looking for skilled and knowledgeable supply chain professionals. Additionally, earning the CSCP Certification can lead to increased job opportunities, higher salaries, and greater job security. Overall, the CSCP certification program is an excellent way for professionals to enhance their skills and knowledge in the field of supply chain management, and to advance their careers. APICS Certified Supply Chain Professional Sample Questions (Q160-Q165):NEW QUESTION # 160
The purchasing manager of a company wants to minimize stock-outs as well as obsolete inventory. Which of the following tools needs to be implemented?
A. Buy-back contracts
B. Blanket purchase order
C. Business-to-business integration software
D. Advanced planning and scheduling (APS)
Answer: D
Explanation:
Advanced planning and scheduling (APS) systems are designed to optimize production schedules, manage supply chain operations, and balance supply and demand. APS systems use algorithms and data to generate feasible and efficient production plans, considering constraints such as capacity, lead times, and demand variability. By accurately planning inventory needs, APS helps minimize stock-outs and reduces the risk of holding obsolete inventory. While tools like blanket purchase orders, buy-back contracts, and business-to-business integration software have their benefits, APS provides a comprehensive solution for aligning inventory levels with demand forecasts and production schedules. References:
* Vollmann, T. E., Berry, W. L., Whybark, D. C., & Jacobs, F. R. (2005). Manufacturing Planning and Control for Supply Chain Management. McGraw-Hill Education.
* Stadtler, H., & Kilger, C. (2008). Supply Chain Management and Advanced Planning: Concepts, Models, Software and Case Studies. Springer.
NEW QUESTION # 161
Distribution from which of the following types of sites enables goods to enter a country, undergo further modification, and then be exported without paying customs duties?
A. Customs clearing house
B. Free trade zone
C. Value-added territory
D. Public warehouse
Answer: B
Explanation:
Distribution from a free trade zone (FTZ) enables goods to enter a country, undergo further modification, and then be exported without paying customs duties. FTZs are designated areas where businesses can conduct manufacturing, assembly, and other processes on imported goods without being subject to customs duties until the goods leave the zone for domestic consumption. This allows companies to add value to products and re-export them cost-effectively.
* Public warehouse is a facility for storing goods but does not offer customs duty advantages.
* Value-added territory is not a standard term in international trade.
* Customs clearing house assists with customs paperwork but does not provide duty-free processing.
References:
U).S. Customs and Border Protection. (2020). "What are the Benefits of a Foreign-Trade Zone?" World Bank. (2011). "Customs Modernization Handbook."
NEW QUESTION # 162
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:
A. form a strategic alliance.
B. acquire the distributor.
C. enter into a partnership.
D. create a contract for the new market.
Answer: A
NEW QUESTION # 163
Which of the following partnership agreement articles corresponds to "each partner's rights totrade secrets, trademarks, copyrights, and patents arising from the partnership"?
A. nonexclusive provision
B. decision escalation
C. mediation and conflict resolution
D. organization process boundaries
E. intellectual property
Answer: E
NEW QUESTION # 164
Which formula below is used to calculate cash-to-cash cycle time?
A. inventory days of supply plus days of sales outstanding minus average payment period formaterials
B. inventory days of supply plus days of sales outstanding
C. days of outstanding sales
D. inventory days of supply minus average payment period for materials
E. days of sales outstanding minus inventory days of supply
Answer: A
NEW QUESTION # 165
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