Free APICS CSCP Exam Braindumps (page: 84)

A key assumption of the economic order quantity (EOQ) is that:

  1. future demand cannot be projected.
  2. the rate of demand is continuous and constant.
  3. reorder frequency is fixed.
  4. as the lot size decreases, the setup cost per unit decreases.

Answer(s): B


Reference:

http://financialmanagementpro.com/economic-order-quantity-eoq-model/



A company is seeking to attract recent college graduates as customers.
Which of the following market characteristics should the company use in order to segment its customers?

  1. Geographic
  2. Demographic
  3. Price sensitivity
  4. Cultural

Answer(s): B



A company with a fleet of trucks is considering using a third-party logistics (3PL) provider to distribute a new product.
Which of the following benefits most likely will result?

  1. Fewer tax implications
  2. Limited exposure to regulatory violations
  3. Fixed delivery costs
  4. Better market accessibility

Answer(s): B



Which of the following cost elements typically would be included in the cost of carrying inventory?

  1. Scrap during production
  2. Depreciation of product equipment
  3. Direct materials
  4. Obsolescence

Answer(s): C






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