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CSCMP SCM TRACK PRACTICE QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+
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CSCMP SCM TRACK PRACTICE QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+
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CSCMP SCM TRACK PRACTICE QUESTIONSWITH COMPLETE SOLUTIONS GRADED A+
A consumer's desire and willingness to pay for a specific product or service is
defined as:
A. Economic demand
B. Excess supply
C. Wage increases
D. Product obsolescence Answer - A
Demand is best divided into which two kinds?
A. Competitive and non-competitive
B. Individual and market
C. Short-term and long-term
D. Collaboration and consensus Answer - B
Finished goods that will be sold are referred to as:
A. Assembly
B. Expedited freight
C. Independent demand
D. Customer service Answer - C
,The best approach to achieve consensus for creating and finalizing the demand
plan uses which approach?
A. Management directives
B. Collaboration
C. Email
D. Social media Answer - B
An estimate of future demand is defined as:
A. Demand forecast
B. Good customer service
C. Materials planning
D. Production planning Answer - A
Identify the system that integrates the individual demand forecasts and plans.
A. Materials Requirements Planning (MRP)
B. Enterprise Resource Planning (ERP)
C. Capacity Requirement Planning (CRP)
D. Distribution Requirement Planning (DRP) Answer - B
Two of the key systems that receive inputs from the demand plan are:
A. Customer Relationship Management (CRM) and MPP
B. Materials Requirements Planning (MRP) and Master Production Schedule
(MPS)
, C. Enterprise Resource Planning (ERP) and Forecasting
D. Master Production Schedule (MPS) and PMS Answer - B
Identify which planning duration that has the least uncertainty and lowest risk.
A. Long-term
B. Mid-term
C. Short-term
D. Strategic Answer - C
Identify the type of forecasting method that uses historical data for calculating
future demand.
A. Qualitative
B. Quantitative
C. Demand planning
D. Sales Answer - B
A collaborative process used to create an accurate demand plan enables a
company to:
A. Achieve a competitive edge
B. Increase inventory
C. Increase the sales force
D. Expand its ERP system Answer - A
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