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Free CPIM-BSP Questions Attempt

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Question 12

Effective inventory management should lead to which of the following?

Options:

A.

Higher inventory turns

B.

Higher product quality

C.

Lower cost of capital

D.

Elimination of inventory cycle counting

Question 13

Which of the following factors would reduce inventory carrying costs?

Options:

A.

Ordering less inventory

B.

Higher costs of working capital

C.

Reducing ordering costs

D.

Reducing transportation costs

Question 14

Which of the following terms represents a complete supply chain dedicated to the flow of products and materials for the purpose of returns, repair, remanufacture, or recycling?

Options:

A.

Responsible landfill

B.

Remanufacturing resource planning

C.

Reverse logistics

D.

Global distribution

Question 15

Which of the following functions of inventory exists to address unpredictable supply or demand?

Options:

A.

Fluctuation

B.

Anticipation

C.

Hedge

D.

Transportation

Page: 3 / 5
Exam Code: CPIM-BSP
Exam Name: CPIM - Basics of Supply Chain Management
Last Update: Mar 21, 2024
Questions: 155
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