Unparalleled L6M9 Vce Files–100% Marvelous New Supply Network Design Braindumps Ebook
Unparalleled L6M9 Vce Files–100% Marvelous New Supply Network Design Braindumps Ebook
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CIPS Supply Network Design Sample Questions (Q67-Q72):
NEW QUESTION # 67
Company A manufactures wheels for Company B, which manufactures cars. Traditionally, Company A would complete the wheels and conduct quality assessments before sending them to Company B, which would then begin assembling cars. However, a new CEO at Company B has introduced atechnology system that enablessimultaneous production, meaning Company B starts manufacturing cars at the same time Company A begins producing wheels.
What is this new system known as?
- A. Start to start
- B. Start to finish
- C. Finish to finish
- D. Finish to start
Answer: A
Explanation:
Start to startmeans two different organisations at different levels of the supply chainbegin their work simultaneouslyrather than sequentially. This is the opposite of astart to finishsystem, where the next process starts only when the previous one is completed. (See LO 1.2, p.19)
NEW QUESTION # 68
Dan is an Operations Manager at a retail organisation. He is keen to understand more about the types of customers his organisation serves and has therefore devised new KPIs (key performance Indicators) with a customer-centric focus. He is particularly keen to understand which customersegments are providing the organisation with the highest ROI (return on investment). Which customer-centric performance measure should Dan look to introduce?
- A. Customer Retention Rate
- B. Net Promoter Score
- C. Churn Rate
- D. Customer Lifetime Value
Answer: D
Explanation:
#Customer Lifetime Value (CLV)measures the total amount a customer is expected to spend over their lifetime with a company, helping identify themost profitable customer segments.
#Other KPIs are not suitable for Dan's needs:
* Churn Rate: Measurescustomer lossover time.
* Net Promoter Score: Measurescustomer satisfaction and loyalty.
* Customer Retention Rate: Focuses onhow many customers stay with the companybut does not indicate ROI.
For more insights onCLV, visit:#Customer Lifetime Value - WallStreetMojo (See LO 2.2, p.97)
NEW QUESTION # 69
Scenario:
Five manufacturing organisations usedifferent order prioritisation methodsandworkflow patterns. Each company follows a uniquestrategy for order processingandworkflow structure.
For eachorganisation, select thecorrect Prioritisation MethodandPattern of Workflow.
Answer:
Explanation:
Explanation:
A screenshot of a product list AI-generated content may be incorrect.
NEW QUESTION # 70
Jed is theOperations Managerat acake manufacturerand is trying to determine theoptimumcapacityof the factory.
Which of the following would be true if the factoryachieves optimum capacity? SelectALLthat apply.
- A. The lowest total cost for production is achieved
- B. The factory physically cannot produce more items
- C. Inventory levels are maximized
- D. The highest cost per item is achieved
- E. The factory breaks even
- F. The factory fulfills customer demand for items
Answer: A,F
Explanation:
Optimum capacityis achieved when:
* Customer demand is met (B)
* Production costs are minimized (C)
#Incorrect options:
* (A)is false because optimum capacityisn't necessarily the physical limit
* (D)is false because the factory should beoperating at a profit, not breakeven
* (E)is false because the lowest cost per unit is achieved, not the highest
* (F)is false becauseinventory levels should be minimized, not maximized (to reduce storage costs) (See LO 1.3, p.46)
NEW QUESTION # 71
Which of the following is considered aprimary activityin theValue Chain?
- A. Procurement
- B. Technology development
- C. HR
- D. Marketing and sales
Answer: D
Explanation:
* Marketing and Salesis aprimary activityinPorter's Value Chain, directly contributing to delivering value to customers.
* Procurement (A), HR (B), and Technology Development (C) are support activities.
(LO 1.2, See p.29)
NEW QUESTION # 72
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