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SCSC EXAM QUESTIONS AND ANSWERS LATEST UPDATE 100% FULLY SOLVED

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SCSC EXAM QUESTIONS AND ANSWERS LATEST UPDATE 100% FULLY SOLVED "What type of market research is a survey? Desk research Secondary Research Primary Research Lab research" - Answer- Primary Research "What is Gross Profit Margin? • Gross Profit Margin = Gross Income/Revenue Gross Profit...

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SCSC EXAM QUESTIONS AND
ANSWERS LATEST 2024-2025
UPDATE 100% FULLY SOLVED
"What type of market research is a survey?
Desk research
Secondary Research
Primary Research
Lab research" - Answer- Primary Research

"What is Gross Profit Margin?
• Gross Profit Margin = Gross Income/Revenue
Gross Profit Margin = Net IncomelSales
Gross Profit Margin = Gross Income/Sales
Gross Profit Margin = Gross Income/Operating Profit" - Answer- Gross Profit Margin =
Gross Income/Revenue

"______ is the process of obtaining services, supplies, and equipment in
conformance with corporate regulations.
Procurement
Operations
Logistics
Purchasing" - Answer- Procurement

"Qualitative research is a research method where only descriptive or qualitative data is
produced by means of in-depth interviews and focus groups. In this method it is not
possible to produce quantifiable data
True
False" - Answer- TRUE

"The types of survey design are structured questions, unstructured questions and
undisguised Vs disguised
True
False" - Answer- True

"Which of the following statements is most accurate?

A. Independent demand items should be forecast.
B. A forecast for sales next year will not be as accurate as a forecast for a year from
now.

,C. Forecasts for families of products should be built up from individual product
forecasts.
D. Forecasts are almost always accurate.
" - Answer- "
A. Independent demand items should be forecast. "

"In a traditional manufacturing environment, which of the following objectives are in
conflict?

A. Maximizing customer service and increasing inventory investment
B. Minimizing production costs and increasing inventory investment
C. Minimizing production costs and decreasing inventory investment
D. Minimizing customer service and decreasing inventory investment
" - Answer- C. Minimizing production costs and decreasing inventory investment

"The master production schedule (MPS) is

A. an anticipated build schedule
B. an input to the production plan
C. a statement of forecast demand
D. driven by material requirements planning
" - Answer- A. an anticipated build schedule

"Which of the following production environments (manufacturing strategies) produces
the longest delivery lead time?

A. Make-to-order
B. Assemble-to-order
C. Make-to-stock
D. Continuous manufacturing
" - Answer- A. Make-to-order

"The Term supply chain management applies only to Service sector
True
False" - Answer- False"

"What is Accounts Receivable?

It is the amount of money that the company is yet to pay to its Suppliers )
It is the amount of money that the company is yet to receive from its customers
It is the amount of money that the company is yet to receive from its Suppliers
It is the amount of money that the company is yet to pay to its customers
" - Answer- It is the amount of money that the company is yet to receive from its
customers

"SWOT Analysis stands for

, Superior, Workable, Opportunity and Training
Supreme, Wise, Organizing and Technical
Strengths, Weakness, Opportunity and Technology
Strengths, Weakness, Opportunity and Threats
" - Answer- Strengths, Weakness, Opportunity and Threats

"Find the Price of Lithographic inks for the year 2009 by performing a linear regression
between lithographic ink price and pigment price 2.34
2.51
2.68
2.90" - Answer- 2.34

"________consists of stock accumulated in advance of expected peak in sales that take
care of some special event that does not occur on a regular basis

Speculation stock...
Dead stock
Cycle stock
Pipeline Inventory
Safety stock
Seasonal stock
Decoupling stock
Anticipation stock
" - Answer- Anticipation stock

"Which of the following statements is true regarding total productive maintenance?
A. Skilled mechanics are used to perform routine machine maintenance.
B. Inspectors are used to ensure that every machine is ready for work at all times.
C. Operators regularly report maintenance productivity to management.
D. Machine operators take responsibility for most of the routine machine maintenance.
" - Answer- D. Machine operators take responsibility for most of the routine machine
maintenance.

"What is the name of materials used in the production process that do not become part
of the product?
A. Raw materials
B. Work in process
C. Finished goods
D. d. Maintenance, repair, and operating supplies" - Answer- d. Maintenance, repair,
and operating supplies

"Material requirements planning (MRP) schedules a planned order receipt when

A. A gross requirement exists
B. A net requirement exists
C. An exception is generated

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