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NEW QUESTION # 367
A cloud-based web application requires the use of cryptographic keys to encrypt user-uploaded files at rest. Where is the safest place to store these cryptographic keys?
Answer: D
NEW QUESTION # 368
Increased use of third-party logistics (3PL) services is likely to have which of the following effects on a firm's balance sheet?
Answer: A
Explanation:
Third-party logistics (3PL) services are external providers that handle various supply chain functions for a firm, such as transportation, warehousing, inventory management, and order fulfillment. By outsourcing these functions to a 3PL, a firm can reduce its investment in fixed assets, such as trucks, trailers, warehouses, and equipment. This can improve the firm's liquidity and return on assets ratios, as well as lower its depreciation and maintenance costs. However, using a 3PL does not necessarily affect the firm's retained earnings, accounts receivable, or intangible assets, which are influenced by other factors, such as profitability, sales, and goodwill. Reference:
* Third-Party Logistics (3PL) Guide: Process, Resources, And Benefits
* 3PLs, Explained: The Complete Guide to Third-Party Logistics
* Understanding 3PL: The Role of Third-Party Logistics in 2024
NEW QUESTION # 369
The primary consideration In maintenance, repair, and operating (MRO) supply systems typically is:
Answer: C
Explanation:
Maintenance, repair, and operating (MRO) supply systems are essential for ensuring the availability and reliability of equipment and infrastructure used in production processes. MRO supplies include items such as spare parts, tools, lubricants, cleaning materials, and safety equipment. The primary consideration in MRO supply systems typically is stockout costs, which are the costs incurred when an item is not available when needed. Stockouts can cause production delays, equipment breakdowns, customer dissatisfaction, and lost sales opportunities. Therefore, it is important to maintain adequate inventory levels of MRO supplies to avoid stockouts and ensure uninterrupted operations. Order quantity, carrying costs, and shelf life are also important factors in MRO supply systems, but they are not the primary consideration. Order quantity is the amount of MRO supplies ordered at a time, which affects the ordering costs and the inventory levels. Carrying costs are the costs of holding MRO supplies in inventory, which include storage, handling, insurance, and obsolescence costs. Shelf life is the period of time that MRO supplies can be stored before they expire or deteriorate, which affects the inventory turnover and the waste disposal costs. These factors need to be balanced with the stockout costs to optimize the MRO supply systems. References:
CPIM Part 2 Study Guide, Chapter 6: Inventory Management, Section 6.3: Inventory Management for Independent Demand Items What is maintenance, repair and operations | IBM, Section: Why should you care about MRO?
Maintenance, Repair, and Operations/Overhaul (MRO) - A Complete Guide, Section: Understanding MRO
NEW QUESTION # 370
Which of the following actions best supports a company's strategic focus on delivery speed to improve competitive advantage?
Answer: B
Explanation:
Developing flexible operations best supports a company's strategic focus on delivery speed to improve competitive advantage. Delivery speed is the time it takes for a company to deliver its products or services to the customers after receiving an order. Delivery speed is a key factor in customer satisfaction, retention, and loyalty, as well as a source of differentiation and value creation in the market1. Developing flexible operations means having the ability to adapt to changes in demand, supply, technology, and environment, and to respond quickly and efficiently to customer needs and expectations. Flexible operations can improve delivery speed by reducing lead times, increasing responsiveness, enhancing quality, and minimizing costs23.
References: 1 The Shipper's Competitive Advantage of Delivery Speed to Market 4 2 Operations Strategy,
4th ed., 2015, Slack, N., Lewis, M., ISBN: 978-0273776208 3 CPIM Exam References - Association for Supply Chain Management 1
NEW QUESTION # 371
What is most likely to be the effect of developing a current-state value stream map?
Answer: C
Explanation:
The correct answer is A. Identification of non-value-added activities .
A current-state value stream map documents how the process currently works. Its most immediate effect is to make visible the activities, queues, delays, movements, inspections, and other steps that do not add value from the customer's perspective. Actual reduction in lead time or elimination of waste usually happens later, after future-state mapping and improvement actions are implemented.
Exact extract: "In JIT manufacturing waste is considered any non-value added process or activity. These activities include overtime scrap paperwork approvals wait times or any other process that doesn't add value from the customer's perspective." Therefore, the best answer is A , because the current-state map first helps identify non-value-added activities; it does not automatically eliminate them.
NEW QUESTION # 372
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