Exam (elaborations)
APICS CSCP EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
- Course
- Institution
APICS CSCP EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
[Show more]
Content preview
APICS CSCP EXAM 2024/2025 WITH100% ACCURATE SOLUTIONS
As you plan a manufactured product supply chain, what is considered
the most crucial element? - Precise Answer ✔✔Component suppliers.
without the base components required for the product, the rest of the
suppl chain cannot operate as designed.
The owner of a coal mine need power for the machinery that he uses to
extract the coal. what is this and example of? - Precise Answer
✔✔Doubling back. When a raw material supplier ends up using a
component that they produce in their own operations, it is an example of
the supply chain doubling back to serve itself. in this instance, the coal
might be used to run power generators that can then be used to power
the basic mining equipment used to gather coal.
which is not essential element of product supply chain model? material
extraction, material transformation into product, selling to the user,
reverse chains. - Precise Answer ✔✔Reverse chain. Reverse transaction
is not an essential element of supply chain product model.
stakeholders - Precise Answer ✔✔all who can be affected by the
decision made in a supply chain. this may encompass the public,
goverment, trade associations, and univerisities.
,how can the goverment impact supply chain function? - Precise Answer
✔✔Levying taxes, creation of infrastructure, and regulation.
what is the best way to view the nature of a supply chain? ... a series
of ..... - Precise Answer ✔✔a series of processes that are linked together.
each process can be carried out by a different entity, the success or
failure of the supply chain model depends on the process that allows
information, material, and cash to flow most seamlessly.
what WAS the primary focus of some of the earlies supply chain
models? - Precise Answer ✔✔Cutting costs. However, as business
became more connected, the focus became value creation, rather than
trimming expenses. this makes the chain more stable.
in a value creation supply chain, what are the most valuable activities -
Precise Answer ✔✔Activities that trascend a single entity. provide
positive impact to no only a single organization, but the chain as a
whole.
when a supply chain operates externally, connecting business and
organizations rather than departments, one leading entity often emerges.
what is the name of this entity? - Precise Answer ✔✔Nucleus firm. the
firm that directs and organized the supply chain is usually known as a
nucleus firm or channer master.
The SCOR supply chain process model includes three basic entities.
Which of these can be found to the right of your company in this model?
- Precise Answer ✔✔Customers..... Suppliers can be found to the left.
,How many management process are included in the SCOR supply chain
model? - Precise Answer ✔✔5 different processes. These are planning,
sourcing, making, delivery, and returns.
The SCOR model is limited and does not account for every single
business process. How many tiers in each direction does the model
extend from the central company? - Precise Answer ✔✔Accounts for 2
tiers in each direction from the central company. this includes 2
customer tiers and 2 supply tiers.
is sales and marketing part of the SCOR model? - Precise Answer
✔✔No
which of the following does the scor model assume is needed to build
the model? fixed costs, training, growth, regulation - Precise Answer
✔✔Training. the model assumptions are: Training, product service
quality, information technology, and administration.
managing supply chain encompases more than simply increasing speeds
and cutting costs. Whats the primary difference between overseeing
process and managing silos? - Precise Answer ✔✔Innovation and
bringin entities together. Overseeing a process requires the ability to
bring various people and concepts together in new ways. it requires
interaction between different groups to bring benefit to each in the best
way possible.
, which figure is associated with vertical integration? (company/owner) -
Precise Answer ✔✔Henry Ford is the model for vertical integration. His
action in bringin as many elements as possible under the control of his
company meets the primary aims of vertical integration.
a company operates in both Europe and NA. Which is the most likely
way the company would operate in these regions? - Precise Answer
✔✔Focus on primary tasks, outsourcing of non-primary tasks
For most supply chain models, what approach is assumed? - Precise
Answer ✔✔lateral or horizontal integration. this is the most effective
model due to globalization.
Keiretsu Networks - Precise Answer ✔✔-A middle ground between few
suppliers and vertical integration
-Supplier becomes part of the company coalition
a company has decided to split one of its divisio into tis own company.
what is the benefit? - Precise Answer ✔✔Increased focus and expertise
for both companies. this can lead to development of better and more
attractive products for customers that fit with the core values of each
individual company.
what has contributed the most to the development of lateral supply
chains? access to chas, new materials, outsorced hires, communication
technologies - Precise Answer ✔✔Communication technologies. Allows
strategic partnerships to be formed.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller YANCHY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80630 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now