CPSM Dumps (2024) Prepare Your Exam With 128 Questions [Q33-Q49]

CPSM Dumps (2024) Prepare Your Exam With 128 Questions

New CPSM Dumps - Real ISM Exam Questions

NEW QUESTION # 33
Supply management is involved
in projects at the planning stage through source solicitation planning and selection.

A. False
B. True

Answer: B

NEW QUESTION # 34
Applying the value of existing equipment against the purchase of new is referred to as:

A. Trade-in
B. Bidding
C. Action
D. Equipment sales

Answer: A

NEW QUESTION # 35
According
to the supply management, one of the most useful ways to develop is to begin with an inventory report listing all items in descending order of dollar spent.

A. Slope classification
B. Gradient classification
C. Top-down classification
D. ABC classification

Answer: D

NEW QUESTION # 36
The inventory reporting measures format is typically presented
in which
of the following way?

A. weeks of supply
B. inventory turnover
C. average aggregate inventory
D. All of the above

Answer: D

NEW QUESTION # 37
The re-employment, reuse, recycling or regeneration of something of value that is no longer necessary for the original intent is called:

A. Financing recovery
B. Inventory recovery
C. Supply chain recovery
D. Asset recovery

Answer: D

NEW QUESTION # 38
The ratio of annual operating income to the total capital put in the business is called:

A. Profit margin
B. Return on investment
C. Operating efficiency
D. Return on asset

Answer: B

NEW QUESTION # 39
A professional tool that organizations use to measure, investigate and control price and cost changes within their own organizations as:

A. Panel trading
B. None of the above
C. Custom indexing
D. Supply professionalism

Answer: C

NEW QUESTION # 40
An operations philosophy that stresses creating customer value through the elimination of
waste is called:

A. Revised operation
B. Lean operation
C. Filtered Process flow
D. Six sigma operation

Answer: B

NEW QUESTION # 41
An intermediary who brings the buyer and the seller together is the:

A. Dealer
B. their-party specialist
C. public surplus
D. Broker

Answer: D

NEW QUESTION # 42
What help supply management personnel develop an appropriate sourcing strategy for items purchased, based on profit impact and supply risk?

A. Two-by-Two portfolio matrix
B. Mutual commodity-based matrix
C. Bilateral alternative matrix
D. Two-by-Two Indexing matrix

Answer: A

NEW QUESTION # 43
and are two
examples of organizations that operate in projectized structure environment.

A. Large Procurement firms and production organizations
B. Large accounting firms and construction organizations
C. Small accounting firms and construction organizations
D. Large accounting firms and assembly organizations

Answer: B

NEW QUESTION # 44
A distribution system in which freight moves in and out of a distribution center or point without ever being stored there is referred to as:

A. Mild-wharfing
B. Water-fronting
C. Cross-docking
D. Disembarking

Answer: C

NEW QUESTION # 45
Which of the following is the area of concern to logistics?

A. Inventory
B. Transportation
C. All of the above
D. Customer service

Answer: C

NEW QUESTION # 46
A scoreboard is simply a form of performance measurement and management that records the ratings from a performance evaluation process.

A. False
B. True

Answer: B

NEW QUESTION # 47
happens when one or more existing competitors realize an opportunity to improve their position or when they are responding to the pressure from other competitors

A. Rivalry
B. Business Conflict
C. Antagonism
D. Substitute bargaining

Answer: A

NEW QUESTION # 48
A managerial and organizational approach used to integrate the supply management functions in an organization is referred to as: