CSCP FREE Certified Supply Chain Professional (CSCP) Demand Management and Forecasting Questions and Answers 4

Question 1

Actual demand was 100 and 200 units in two periods, with forecasts of 90 and 220 units. What is the mean absolute percentage error (MAPE)?

Accepted Answer

10%

Answer

Each period has a 10% absolute error relative to actual, so MAPE = 10%.

Question 2

What is the primary purpose of Collaborative Planning, Forecasting, and Replenishment (CPFR)?

Accepted Answer

Having trading partners jointly develop and share forecasts and replenishment plans

Answer

CPFR is a framework in which retailers and suppliers collaborate on a single shared forecast and replenishment plan.

Question 3

Which practice most directly reduces the bullwhip effect in a supply chain?

Accepted Answer

Sharing point-of-sale data with upstream suppliers

Answer

Sharing actual end-customer demand data prevents each tier from amplifying distorted order signals.

Question 4

On-hand inventory is 20 units, the MPS shows a receipt of 100 units in period 1, and customer orders before the next MPS receipt total 70 units. What is the available-to-promise in period 1?

Accepted Answer

50

Answer

ATP = on hand + MPS − committed orders = 20 + 100 − 70 = 50.

Question 5

Which activity is an example of demand shaping?

Accepted Answer

Running a price promotion to shift demand into a low-volume period

Answer

Demand shaping uses levers like pricing and promotions to influence when and how much customers buy.

Certified Supply Chain Professional CSCP Practice Practice Test

Certified Supply Chain Professional CSCP Practice Practice Test

CSCP FREE Certified Supply Chain Professional (CSCP) Demand Management and Forecasting Questions and Answers 4