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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 171

What initiative has members of supply chains taken recently to decrease variability in supplyand demand?

Correct Answer: D
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Question 172

Which of the following forecasting techniques is most appropriate when data is scarce?

Correct Answer: B
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Question 173

A firm has determined its cash-to-cash cycle time to be 60 days. The number of days' payables outstanding is
25, and number of days' sales outstanding is 35. If the firm reduces its inventory by 20%, the new cash-to-cash cycle time, in days, will be approximately:

Correct Answer: D
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Question 174

Which of the following metrics is typically the most appropriate measure of product and service quality?

Correct Answer: C
Customer perception is a crucial measure of product and service quality because it directly reflects the customer's experience and satisfaction with the product or service. Unlike internal inspections or product performance metrics, which are internally focused, customer perception captures the end-user's viewpoint.
This includes aspects such as the product's ability to meet customer needs, reliability, ease of use, and overall satisfaction. Customer feedback, surveys, and reviews are common methods used to gauge customer perception and assess quality.
References:
* Garvin, D.A. (1987). Competing on the Eight Dimensions of Quality. Harvard Business Review.
* Parasuraman, A., Zeithaml, V.A., & Berry, L.L. (1988). SERVQUAL: A Multiple-Item Scale for Measuring Consumer Perceptions of Service Quality. Journal of Retailing.
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Question 175

In order to achieve economies of scale, a manufacturer is interested in producing large quantities. Which of the following functions of inventory will assist the manufacturer in achieving this goal?

Correct Answer: C
Section: Mixed questions
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