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CSCP – APICS Certified Supply Chain Professional

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Showing 7–9 of 20 questions

Question 7 (New Update)

A manufacturer's inventory levels are growing and service levels are dropping. Which of the following supply chain strategies is most appropriate to reduce inventory and improve service?

Select an option, then click Submit answer.

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    Increase the safety stockon all items.
  • ○

    Reduce the setup time.
  • ○

    Optimize the total cost.
  • ○

    Implement batch operations.
Question 8 (New Update)

Raw material costs have been rising and much of the inventory has been in-house for several months. Which of the following inventory accounting methods would maximize reported company assets?

Select an option, then click Submit answer.

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    Last in, first out (LIFO)
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    First in, first out (FIFO)
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    Activity-based cost
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    Moving average cost
Question 9 (New Update)

Products that share characteristics of predictable demand and low profit margin will have competition based on which of the following?

Select an option, then click Submit answer.

  • ○

    Fastest to market
  • ○

    Lowest landed cost
  • ○

    Product improvements
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    Supply flexibility