APICS Exam CLTD Topic 7 Question 54 Discussion

Actual exam question for APICS's CLTD exam

Question #: 54
Topic #: 7

[All CLTD Questions]

A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR). Which of the following statements best reflects one of the objectives of CPFR?

AIt represents a sequence of business processes between consumers and retailers.

BIt replaces traditional forecasting methods with a shared single forecast among trading partners.

CIt represents a sequence of business processes within the manufacturing environment.

DIt replaces traditional inventory management procedures with a vendor-managed inventory (VMI) system.

Show Suggested Answer

Suggested Answer: A

by Brittni at Jan 09, 2023, 08:34 AM

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Dulce

3 days ago

I was leaning towards Option D, as CPFR is often associated with vendor-managed inventory systems. But I guess B is the more accurate statement.

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Isadora

9 days ago

Option B seems to be the correct answer. CPFR is all about sharing forecasts and collaborating between trading partners, not just within a manufacturing environment.

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