APICS CSCP MODULE 2 Exam 85 Questions and
Answers.
Alliance development - Correct Answer Strengthening the capabilities of a key supplier.
Anticipation inventories - Correct Answer Additional inventories above basic pipeline
stock to cover
projected trends of increasing sales, planned sales
promotion programs, seasonal fluctuations, plant
shutdowns, and vacations.
Assemble-to-order - Correct Answer A production environment where a good or service
can be
assembled after receipt of a customer's order. The key
components (bulk, semi-finished, intermediate, subassembly,
fabricated, purchased, packing, and so on) used in the assembly
or finishing process are planned and usually stocked in
anticipation of a customer order. Receipt of an order initiates
assembly of the customized product. This strategy is useful where
a large number of end products (based on the selection of options
and accessories) can be assembled from common components
Automatic identification and data
capture (AIDC) - Correct Answer A set of technologies that collect data about objects and
then send these data to a computer without human
intervention. Examples include radio frequency wireless
devices and terminals, bar code scanners, and smart
cards.
Blanket purchase order - Correct Answer A long-term commitment to a supplier for
material against
which short-term releases will be generated to satisfy
requirements. Often these cover only one item with
predetermined delivery dates.
Business intelligence - Correct Answer Information collected by an organization on
customers, competitors, products
or services, and processes. It provides organizational data in such a way that
the organizational knowledge filters can easily associate with this data and
turn it into information for the organization. Persons involved in these
processes may use application software and other technologies to gather,
store, analyze, and provide access to data, and present that data in a simple,
useful manner. The software aids in business performance management and
aims to help consumers make better business decisions by offering them
accurate, current, and relevant information. Some businesses use data
, warehouses because they are a logical collection of information gathered
from various operational databases for the purpose of creating this.
Collaborative planning,
forecasting, and replenishment
(CPFR) - Correct Answer A collaboration process whereby supply chain trading
partners can jointly plan key supply chain activities from
production and delivery of raw materials to production and
delivery of final products to end customers. It encompasses
business planning, sales forecasting, and all operations
required to replenish raw materials and finished goods. 2) A
process philosophy for facilitating collaborative
communications. It is considered a standard, endorsed by
the Voluntary Interindustry Commerce Standards.
Consortia trade exchanges (CTX) - Correct Answer An online marketplace, usually owned
by a third party,
that allows members to trade with each other. This site
lowers members search costs and enables lower prices
for the buyer.
Cross-docking - Correct Answer The concept of packing products on the incoming
shipments so they can be easily sorted at intermediate
warehouses or for outgoing shipments based on final
destination. The items are carried from the incoming
vehicle docking point to the outgoing vehicle docking
point without being stored in inventory at the warehouse.
It reduces inventory investment and storage space
requirements.
Cross-selling - Correct Answer Occurs when customers buy additional products or
services after the initial purchase.
Customer relationship
management (CRM) - Correct Answer A marketing philosophy based on putting the
customer
first. The collection and analysis of information designed
for sales and marketing decision support (as contrasted
to enterprise resources planning information) to
understand and support existing and potential customer
needs. It includes account management, catalog and
order entry, payment processing, credits and
adjustments, and other functions.
Data warehouse - Correct Answer A repository of data that has been specially prepared to
support decision-making applications.
Answers.
Alliance development - Correct Answer Strengthening the capabilities of a key supplier.
Anticipation inventories - Correct Answer Additional inventories above basic pipeline
stock to cover
projected trends of increasing sales, planned sales
promotion programs, seasonal fluctuations, plant
shutdowns, and vacations.
Assemble-to-order - Correct Answer A production environment where a good or service
can be
assembled after receipt of a customer's order. The key
components (bulk, semi-finished, intermediate, subassembly,
fabricated, purchased, packing, and so on) used in the assembly
or finishing process are planned and usually stocked in
anticipation of a customer order. Receipt of an order initiates
assembly of the customized product. This strategy is useful where
a large number of end products (based on the selection of options
and accessories) can be assembled from common components
Automatic identification and data
capture (AIDC) - Correct Answer A set of technologies that collect data about objects and
then send these data to a computer without human
intervention. Examples include radio frequency wireless
devices and terminals, bar code scanners, and smart
cards.
Blanket purchase order - Correct Answer A long-term commitment to a supplier for
material against
which short-term releases will be generated to satisfy
requirements. Often these cover only one item with
predetermined delivery dates.
Business intelligence - Correct Answer Information collected by an organization on
customers, competitors, products
or services, and processes. It provides organizational data in such a way that
the organizational knowledge filters can easily associate with this data and
turn it into information for the organization. Persons involved in these
processes may use application software and other technologies to gather,
store, analyze, and provide access to data, and present that data in a simple,
useful manner. The software aids in business performance management and
aims to help consumers make better business decisions by offering them
accurate, current, and relevant information. Some businesses use data
, warehouses because they are a logical collection of information gathered
from various operational databases for the purpose of creating this.
Collaborative planning,
forecasting, and replenishment
(CPFR) - Correct Answer A collaboration process whereby supply chain trading
partners can jointly plan key supply chain activities from
production and delivery of raw materials to production and
delivery of final products to end customers. It encompasses
business planning, sales forecasting, and all operations
required to replenish raw materials and finished goods. 2) A
process philosophy for facilitating collaborative
communications. It is considered a standard, endorsed by
the Voluntary Interindustry Commerce Standards.
Consortia trade exchanges (CTX) - Correct Answer An online marketplace, usually owned
by a third party,
that allows members to trade with each other. This site
lowers members search costs and enables lower prices
for the buyer.
Cross-docking - Correct Answer The concept of packing products on the incoming
shipments so they can be easily sorted at intermediate
warehouses or for outgoing shipments based on final
destination. The items are carried from the incoming
vehicle docking point to the outgoing vehicle docking
point without being stored in inventory at the warehouse.
It reduces inventory investment and storage space
requirements.
Cross-selling - Correct Answer Occurs when customers buy additional products or
services after the initial purchase.
Customer relationship
management (CRM) - Correct Answer A marketing philosophy based on putting the
customer
first. The collection and analysis of information designed
for sales and marketing decision support (as contrasted
to enterprise resources planning information) to
understand and support existing and potential customer
needs. It includes account management, catalog and
order entry, payment processing, credits and
adjustments, and other functions.
Data warehouse - Correct Answer A repository of data that has been specially prepared to
support decision-making applications.
