SCM Exam 3 Questions & Answers 2024/2025
Which of the following is not a theoretical factor of forecasting? - ANSWERSAmount
Other answers: trend, cyclical, seasonal
Advanced planning and scheduling (APS) facilitates improvements in customer service by ______. - ANSWERSreducing the time ...
Which of the following is not a theoretical factor of forecasting? - ANSWERSAmount
Other answers: trend, cyclical, seasonal
Advanced planning and scheduling (APS) facilitates improvements in customer service by ______. -
ANSWERSreducing the time to make accurate commitments to customers
Which of the following is not a benefit of sales and operations planning? - ANSWERSThe S&OP process
eliminates the need to have finished goods inventory.
Other answers: The S&OP process results in better customer service.; The S&OP process provides better
visibility into future capacity problems.; The S&OP process provides a single set of numbers to run the
business.
When planning for an increase in production, APS helps to ______. - ANSWERSBoth determine what is
best for the customer and identify and calculate the cost of strategic options are correct
What does the R stand for in CPFR? - ANSWERSReplenish
Which of the following is not a reason for increased importance of S&OP? - ANSWERSPrecise demands
by key customers
Other answers: Increased capacity.; Lesser variance of products.; Strategies are simplified.
Promotions such as "buy one get one free" are somewhat risky in terms of forecasting. Why? -
ANSWERSCould decrease future sales
, In a situation where there are low economies of scale and a long response time, the supply chain
strategy should focus on ______. - ANSWERSproduction flexibility since detailed and accurate forecasting
is not of critical importance
Which of the following optimizes resources to move materials and goods within supply chains to
minimize cost while meeting deadline constraints? - ANSWERSTransportation planning
Which of the following is not a benefit that is offered by advanced planning and scheduling (APS)? -
ANSWERSImproved forecast accuracy
Other answers: Improved customer service with lower inventory.; Better utilization of existing capacity.;
Better relationships with suppliers.
Which of the following is not a stage in the S&OP maturity model? - ANSWERSCompeting
Other answers: reacting, anticipating, and orchestrating
The optimization module of an advanced planning and scheduling (APS) system ______. - ANSWERSis the
computational engine of the supply chain planning system
Which of the following is not input needed for an APS? - ANSWERSPast inventories
Other answers: Current inventories, Work already in progress, and Time-phased demand plan
Which of the following is not an APS application issue? - ANSWERSFinancial flow
Other answers: Reliable, consistent forecast.; Data integrity.; Supply chain and application education.
Which of the following is not a demand planning requirement? - ANSWERSHandle time fences
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