CSCP Exam Dumps | The Delphi forecasting method offers which of the following advantages?

<< Prev Question Next Question >>

Question 165/227

The Delphi forecasting method offers which of the following advantages?

A. It is based on widely used statistical formulas.

B. It compensates for the individual biases of the participants.

C. It assigns more weight to the demand from key customers.

D. It reduces the risk that a few individuals will dominate the process.

Question List (227q): Question 1: A warehouse supervisor has discovered a shortage of material...; Question 2: The primary objective of supply chain management is:...; Question 3: A retailer wants to partner with its suppliers to implement ...; Question 4: Which of the following metrics is the most appropriate measu...; Question 5: Which of the following terms represents a time series foreca...; Question 6: In a make-or-buy decision, if the product is modular and the...; Question 7: Which of the following strategies can be used to help manage...; Question 8: Which of the following factors is the key determinant of saf...; Question 9: Which of the following objectives is emphasized most in an i...; Question 10: Which of the following factors is the most important driver ...; Question 11: Which of the following activities is the most appropriate us...; Question 12: A group of trading partners that produce and distributes sup...; Question 13: A company has significant cash invested in its finished good...; Question 14: Which of the following results can be expected from sharing ...; Question 15: Which of the following types of alignments between extended ...; Question 16: Which of the following consequences is a result of shipping ...; Question 17: Keeping all other factors equal, a company typically will tr...; Question 18: Which of the following factors would typically represent per...; Question 19: A supplier disputes a low rating generated by a company's en...; Question 20: Which of the following techniques is most effective for a co...; Question 21: A manufacturer uses standard costing, and a potential suppli...; Question 22: A master scheduler receives a new order with a due date insi...; Question 23: A manufacturing company has several inexpensive items that a...; Question 24: Which of the following organizational design choices is an e...; Question 25: The purpose of a supply chain metrics dashboard is to:...; Question 26: A supervisor knows that employees have good ideas for improv...; Question 27: Which of the following statements is true when selecting the...; Question 28: Which of the to the financial following descriptions applies...; Question 29: Improving fill rate is an objective related to which of the ...; Question 30: The most likely benefit of implementing a collaborative tran...; Question 31: Which of the following warehousing approaches combines inven...; Question 32: Which of the following situations is an example of inventory...; Question 33: A company considers outsourcing its information technology s...; Question 34: A manufacturer offers a trade-in allowance on a new machine ...; Question 35: The most effective means to measure customer loyalty would u...; Question 36: The primary risk associated with outsourcing innovative comp...; Question 37: Which of the following types of risk typically would be most...; Question 38: The production scheduler for a bottleneck resource should:...; Question 39: A well-grounded program in which a company focuses on custom...; Question 40: Which of the following factors is most likely to slow the ad...; Question 41: Which of the following actions typically would be the first ...; Question 42: Which of the following elements is critical to successfully ...; Question 43: Which of the following tools a appropriate to overall organi...; Question 44: A company's product cannot be sold beyond 12 months from the...; Question 45: Which of the following costing approaches directly reflects ...; Question 46: Which of the following tools would help a team of operators ...; Question 47: The diagram below shows the process of manufacturing of item...; Question 48: Potential customers of a company's new product have tight to...; Question 49: A manufacturer's inventory levels are growing and service le...; Question 50: Transforming company policies into objectives and specific g...; Question 51: Which of the following arguments are made against traditiona...; Question 52: Incorporating supplier input into product and process design...; Question 53: In the Supply Chain Operations Reference-model (SCOR), the c...; Question 54: Which of the following elements typically is considered to b...; Question 55: Which of the following statements about functional products ...; Question 56: A manufacturer can simplify the forecasting process by pooli...; Question 57: The voice-of-the-customer (VOC) approach is used most approp...; Question 58: A company is considering relocating production to a lower-wa...; Question 59: Products that share characteristics of predictable demand an...; Question 60: A media company offers a majority of its movies through a sp...; Question 61: What is the primary role of marketing in supporting supply c...; Question 62: An advanced planning system differs primarily from enterpris...; Question 63: The factors to consider in the make-or-buy decision include ...; Question 64: The primary reason to establish a customer-dedicated warehou...; Question 65: Variability in product design can best be reduced by:...; Question 66: The globalization of a supply chain typically increases unce...; Question 67: One of the drawbacks to using ISO 26000 is that it:...; Question 68: A company originally based in Germany sets up companies in I...; Question 69: Which of the following risks does currency fluctuation pose ...; Question 70: Unresolved conflicts from the sales and operations planning ...; Question 71: Which of the following cost elements typically would be incl...; Question 72: The probability of customer dissatisfaction is highest when ...; Question 73: Component commonality in manufacturing primarily allows a co...; Question 74: A main benefit of using customer relationship management (CR...; Question 75: Reverse supply chain activity typically peaks nearest the be...; Question 76: A toy company decides to buy more products from an overseas ...; Question 77: In an assemble-to-order manufacturing environment, the maste...; Question 78: A company considers moving a portion of its production to a ...; Question 79: Which of the following activities is critical to successful ...; Question 80: Which of the following actions by a manufacturer most likely...; Question 81: When developing a supply chain strategy, which of the follow...; Question 82: The use of theory of constraints (TOC) differs from traditio...; Question 83: A business is changing from a business to business model to ...; Question 84: Which of the following statements regarding ANSI Z.10 occupa...; Question 85: Which of the following e-auctions is ideal for selling off o...; Question 86: When implementing e-commerce in the supply chain, a company'...; Question 87: In a reverse supply chain, which of the following tools enab...; Question 88: In the Supply Chain Operations Reference (SCOR) model, which...; Question 89: What is the inventory turnover for a company with the follow...; Question 90: Which of the following tools will facilitate greater collabo...; Question 91: Which of the following techniques typically is most effectiv...; Question 92: A role-based entry into a company's system that aggregates a...; Question 93: Which of the following measures of a supply chain performanc...; Question 94: In a service environment, a decrease in demand over the long...; Question 95: Which of the following relationship activities is most impac...; Question 96: The use of standardized components typically results in:...; Question 97: A large retailer would like to reduce inventory investment i...; Question 98: Which of the following descriptions represents cash-to-cash ...; Question 99: A company that is focused on customer relationship managemen...; Question 100: Customizing can be an effective warehousing strategy because...; Question 101: A company that sells direct to industrial and commercial bus...; Question 102: Compared to a global strategy, a multicountry strategy would...; Question 103: When an importer and manufacturer are operating in a free tr...; Question 104: Which of the following consequences is typical of a push-bas...; Question 105: A company's competitive advantage is product differentiation...; Question 106: Which of the following distribution approaches for a low-vol...; Question 107: Which of the following principles is included in the United ...; Question 108: Which of the following metrics is the most appropriate measu...; Question 109: Which of the following four perspectives are used in the bal...; Question 110: An effective procurement strategy for commodity products sho...; Question 111: Which of the following types of competitive strategies most ...; Question 112: The primary reason for the evolution of the supply chain is:...; Question 113: A company that sells engineered-to-order products is plannin...; Question 114: A lean supply chain transformation initiative requires:...; Question 115: When determining lot sizes, consideration should be given to...; Question 116: A possible risk of licensing other companies to manufacture ...; Question 117: Which of the following statements describes a continuous rep...; Question 118: Which of the following conditions are most indicative of a c...; Question 119: Bullwhip effect can be reduced by which of the following com...; Question 120: Inbound logistics is a supply chain management term used for...; Question 121: Which of the following inputs is used in developing a projec...; Question 122: The design process by which a firm structures and manages th...; Question 123: Which of the following processes would a company use to eval...; Question 124: Which of the following practices has improved management of ...; Question 125: A company most likely would consider moving a portion of its...; Question 126: Which type of purchase is best suited for single sourcing wi...; Question 127: After two firms have established an initial relationship to ...; Question 128: A juice manufacturer wants to determine the time required to...; Question 129: Using an independent service provider for logistics would be...; Question 130: An advantage of using a third-party logistics service (3PL) ...; Question 131: In order to achieve economies of scale, a manufacturer is in...; Question 132: Interpersonal communication skills and negotiation with supp...; Question 133: A company's decision to charge different prices for the same...; Question 134: Which of the following activities is an aspect of proper dem...; Question 135: The most appropriate reason for a business to comply with th...; Question 136: Which of the following factors typically is most important t...; Question 137: Which of the following approaches would be used to enhance c...; Question 138: A company that produces standardized products and sells them...; Question 139: Which of the following benefits would a company realize by i...; Question 140: Which of the following activities is most appropriate in the...; Question 141: The social dimension of sustainability typically would be ad...; Question 142: Which of the following measures best describes fill rate?...; Question 143: A shipping company investing to reduce damages due to weathe...; Question 144: When deciding whether to make a component internally or to o...; Question 145: A distributor wants to run a promotion on an item that a man...; Question 146: A firm has discovered a product quality issue. What should b...; Question 147: Which of the following outcomes is the principal result of a...; Question 148: A third-party logistics (3PL) provider most likely will add ...; Question 149: Which of the following reasons it often why many companies f...; Question 150: A large manufacturer wanting to be more competitive in the g...; Question 151: The use of break-bulk warehouses allows for reduced transpor...; Question 152: A primary objective of a lean enterprise is to:...; Question 153: Which of the following documents includes the valuation of g...; Question 154: A remanufacturer of equipment is most likely to have what ty...; Question 155: A company wants to implement a system for managing environme...; Question 156: One of the difficulties in purchasing services is to:...; Question 157: Attaching a fuel tank cap to a fuel tank door on a car is an...; Question 158: Which of the following areas of concern is an important stra...; Question 159: Which of the following outcomes is an expected benefit of ef...; Question 160: Which of the following is the key benefit obtained by using ...; Question 161: A firm is assessing the risk of business disruption due to s...; Question 162: A pattern of increased shipments from manufacturing plants t...; Question 163: When developing an environmentally responsible purchasing pr...; Question 164: When a company works on controlling stockout frequency, the ...; Question 165: The Delphi forecasting method offers which of the following ...; Question 166: Which of the following tools has improved management of the ...; Question 167: A company's cash-to-cash cycle time is 36 days. How many wee...; Question 168: Which of the following responses to risk best describes the ...; Question 169: The most cost-effective way to increase the velocity of good...; Question 170: Organizations that change from a traditional purchasing pers...; Question 171: A company's supply chain depends heavily on sourcing from in...; Question 172: A company that is effectively managing its cash will have wh...; Question 173: A firm experiences a supply chain interruption from a second...; Question 174: Which of the following outcomes is a benefit typically expec...; Question 175: The most useful inventory costing method which enables purch...; Question 176: Which of the following considerations are essential to a com...; Question 177: Which of the following measures would be an appropriate indi...; Question 178: Sell-side e-commerce must include:...; Question 179: A lack of which of the following elements is most likely to ...; Question 180: A product design that can be produced to requirements even w...; Question 181: An item must be added to inventory to support new business. ...; Question 182: Which of the following statements best identifies the value ...; Question 183: A company desires to use customer relationship management (C...; Question 184: Which of the following types of raw materials would be most ...; Question 185: A global manufacturing is implementing a remanufacturing pro...; Question 186: Throughout most of the supply chain, safety stock will be de...; Question 187: Which of the following approaches most likely will help a co...; Question 188: A company that manufactures complex mechanical assemblies to...; Question 189: Which of the following documentation represents a carrier's ...; Question 190: In a supply chain network, the distribution center (DC) prov...; Question 191: The six sigma approach to quality focuses on increasing cust...; Question 192: A firm wants to lose customers that don't value the unique p...; Question 193: Which of the following rider less material handling systems ...; Question 194: A company is aggressively pursuing improvements in the finan...; Question 195: The Global Reporting Initiative (GRI) is intended to:...; Question 196: Which of the following forecasting techniques is most approp...; Question 197: The ABC classification system answers which two of the follo...; Question 198: Which of the following distribution strategies is characteri...; Question 199: The main purpose of market research for supply chain design ...; Question 200: The mission of the global reporting initiative (GRI) is to p...; Question 201: The United Nations Global Compact uses 10 guiding principles...; Question 202: A company has adequate average available capacity but does n...; Question 203: A company recently faced an increase in backorders. The comp...; Question 204: An effective company strategy results when combining innovat...; Question 205: Which of the following actions is most likely to reduce the ...; Question 206: A firm has determined its cash-to-cash cycle time to be 60 d...; Question 207: A benefit of using radio frequency identification (RFID) ins...; Question 208: A company is formally adhering to the principles of the UN G...; Question 209: Which of the following indicators is most appropriate to use...; Question 210: Continuous improvement is best described as:...; Question 211: Cost reduction, improvement of company focus, and freeing as...; Question 212: A company has been delivering a global product that no longe...; Question 213: A company ships from its manufacturing facilities directly t...; Question 214: Which of the following methods is used to minimize the bullw...; Question 215: Which of the following performance indicators can be used to...; Question 216: Which of the following statements regarding intellectual pro...; Question 217: Which of the following scenarios represents a correct applic...; Question 218: An insurance broker is interested in increasing price compet...; Question 219: Which of the following operations is the best example of reu...; Question 220: A key concept distinguishing six sigma from lean manufacturi...; Question 221: Which of the following actions is in accordance with the Ten...; Question 222: Overall supply chain risk may be increased by implementing w...; Question 223: Risk pooling enables a lower total inventory level without a...; Question 224: A company is transitioning its fulfillment strategy from dir...; Question 225: Which of the following actions is most appropriate when impl...; Question 226: Which of the following risks is associated with outsourcing?...; Question 227: Which of the following tools is most appropriate for underst...

Question 165/227

LEAVE A REPLY

Download PDF File