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  1. Home
  2. APICS Certification
  3. CSCP Exam
  4. APICS.CSCP.v2024-11-09.q224 Dumps
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Question 56

What is the value of the tracking signal if there is no bias?

Correct Answer: C
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Question 57

A manufacturer can simplify the forecasting process by pooling demand forecasts for a product group and then:

Correct Answer: C
Simplifying the forecasting process by pooling demand forecasts for a product group and then disaggregating demand based on historical proportions is an effective approach. Here's how it works:
* Aggregate Forecasting: Start by forecasting the total demand for the entire product group, which tends to be more accurate than forecasting for individual items due to the law of large numbers.
* Historical Proportions: Use historical sales data to determine the proportion of total demand attributed to each item within the group.
* Disaggregation: Apply these historical proportions to the aggregate forecast to estimate the demand for each individual item.
* Adjustments: This approach can be fine-tuned based on recent trends, market conditions, or changes in customer preferences.
By leveraging historical data to disaggregate demand, the process becomes more manageable and can improve the accuracy of item-level forecasts.
References:
* Chase, C. W. (2013). Demand-Driven Forecasting: A Structured Approach to Forecasting. John Wiley
& Sons.
* Mentzer, J. T., Moon, M. A., & Smith, C. D. (2004). Sales Forecasting Management: A Demand Management Approach. SAGE Publications.
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Question 58

If a company reports a problem with its supply chain and pinpoints blame, which of thefollowing groups, if blamed, will most likely result in the stock price being mostpunished bythe market?

Correct Answer: D
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Question 59

Which of the following consequences is typical of a push-based supply chain?

Correct Answer: B
A push-based supply chain produces goods based on forecasted demand and pushes them through the supply chain to the end customers. This approach often leads to higher product obsolescence because products may not align with actual market demand, leading to excess inventory that becomes outdated or unsellable. This is especially problematic for products with short life cycles or rapidly changing customer preferences.
References:
* Simchi-Levi, D., Kaminsky, P., & Simchi-Levi, E. (2008). Designing and Managing the Supply Chain:
Concepts, Strategies, and Case Studies. McGraw-Hill Education.
* Chopra, S., & Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation.
Pearson.
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Question 60

Production of a company's highest profit items is dependent upon the purchase of high-quality circuit boards. Which level of collaboration should the company develop with their supplier?

Correct Answer: A
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