Question 1

Which of the following supply chain risk management maturity model attributes provides visibility to impending disruptions and enables the establishment of effective, preventive, and mitigation plans?

Options :

A : Visibility

B : Predictability

C : resiliency

D : Sustainability

Answer: C

Question 2

Which of the following items undermines the attempts to simplify transportation pricing?

Options :

A : rate-basis numbers

B : Class rate

C : Commodity rate

D : Incentive rate

Answer: A

Question 3

A firm offers their customers shorter order cycle times and increased product variety. Generally, this action would have which of the following impacts on total logistics costs?

Options :

A : Increases total logistics costs

B : Reduces total logistics costs

C : Has no impact on total logistics costs

D : Only affects service levels, not costs

Answer: C

Question 4

Which of the following costs are the most intangible and subjective of all the carrying cost elements?

Options :

A : Risk cost

B : Storage cost

C : Service cost

D : Capital cost

Answer: D

Question 5

Which of the following forecasting methods attempts to identify patterns of repeating demand over a period of time?

Options :

A : Trend

B : Seasonality

C : Exponential smoothing

D : Delphi

Answer: C