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QUESTION NO: 1
A company manufactures special products for select customers. When demand for these products drops, the manufacturer can switch the production line to a commodity-type product that can be sold on the open market at reduced terms to generate cash. The company is executing a corporate strategy that is based on:
A.customer focus and alignment.
B.forecast accuracy.
C.multiple downstream channels.
D.multiple upstream supply chains.
Answer: D

QUESTION NO: 2
Variation in upstream requirements can be reduced by increasing:
A.demand visibility.
B.production capacity.
C.product features.
D.safety stock.
Answer: A

QUESTION NO: 3
A main benefit of using customer relationship management (CRM) is:
A.maximization of on-time delivery.
B.minimization of product returns.
C.identification of customers with high lifetime value.
D.finding new markets for existing products and services.
Answer: C

QUESTION NO: 4
Which of the following factors is the most appropriate measure of delivery performance for finished goods?
A.Perfect order fulfillment
B.On-time delivery
C.Load efficiency
D.Available-to-promise
Answer: A

QUESTION NO: 5
A company's decision to charge different prices for the same service sold in different market segments is most likely based on which of the following metrics?
A.Internal rate of return (IRR)
B.Lifetime customer value (LCV)
C.Net present value (NPV)
D.Return on investment (ROI)
Answer: B

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Updated: May 27, 2022