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Guide for INTE: ISM Supply Management Integration

Quiz INTE: ISM Supply Management Integration

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/ 10

Quiz

1/10
A supply manager wishes to implement an enterprise resource planning (ERP) system. During which
phase of the system development process should the supply manager communicate with end users
to review their business environments?
Select the answer
1 correct answer
A.
Testing
B.
Maintenance
C.
Design
D.
Analysis

Quiz

2/10
A firm hires a contractor to build a new warehouse. During construction, the firm decides it wants to
modify the contract to add an office area to the facility. Which of the following is the BEST course of
action for the firm to take in this situation?
Select the answer
1 correct answer
A.
Verbally notify the contractor of the changes, negotiate the costs, and instruct the contractor to proceed with the change and write the change order at the time of project completion
B.
Develop a written description of the changes, and negotiate a written change order that minimizes the cost impact while work continues on the warehouse
C.
Stop construction on the warehouse and negotiate the change order with the contractor before resuming work
D.
Advise the contractor on how much the firm has available to build the new office area, and write a change order based on the final amount of the revisions

Quiz

3/10
\NXY, Inc. buys high-quality fragile products from a supplier. Numerous shipments from this supplier
have arrived with dents
on the packages, resulting in damaged products. Given this situation, which of the following is the
FIRST course of action WXY should take?
Select the answer
1 correct answer
A.
Contact the freight forwarder and inquire as to why such damages are occurring so frequently
B.
Verify that the Incoterms® 2010 rule being used ensures that the responsibility is not on the supplier's side
C.
Modify the product design in order to avoid damages during transit
D.
Send the supplier pictures of the damaged packages and request improvements

Quiz

4/10
A utility installation company conducts an annual review of its assets. Included with its equipment
are several trenching machines that were purchased three years ago at a cost of $85,000 each. How
should this value be categorized in the asset management system?
Select the answer
1 correct answer
A.
Equity
B.
Book
C.
Market
D.
Historic

Quiz

5/10
A manufacturer receives notice from one of its largest customers stating that, from this point on, it
will only accept environmentally friendly boxes for packaging. The manufacturer checks the
remaining packaging in its inventory and finds that it still has over six months' worth of boxes that
are not made of environmentally-friendly materials. These boxes are custom-designed and cannot be
returned to the packaging material supplier. In this situation, the manufacturer would be BEST
served by doing which of the following?
Select the answer
1 correct answer
A.
Disposing of the existing boxes and switching to environmentally-friendly materials
B.
Explaining the situation to the customer and offering the products in the existing boxes at a discounted price
C.
Negotiating a grace period with the customer to allow a gradual switch from the existing design to the new one
D.
Using the leftover boxes for internal purposes within the organization

Quiz

6/10
Which of the following is the GREATEST advantage of using component standardization in product
design?
Select the answer
1 correct answer
A.
Increasing the potential supply base for the standardized components
B.
Leveraging volume and simplifying new product development
C.
Reducing component costs and forecast complexity
D.
Reducing the effort required to maintain the supply chain

Quiz

7/10
In an effort to cut expenses, GHI, Inc. moves responsibility for logistics to the supply management
department. Some officers in the firm are skeptical that this move will be beneficial, since most
shipping providers use published rates, and there will be little room for cost improvement. Which of
the following will be the BEST way for GHTs supply manager to demonstrate that supply
management skills can obtain better value in shipping?
Select the answer
1 correct answer
A.
Analyze mode, classification and other factors that affect total cost
B.
Utilize supplier performance metrics to ensure optimum rates
C.
Opt for variable freight rates
D.
Conduct carrier cost auditing to reduce net costs of transportation

Quiz

8/10
A company's average inventory value has remained relatively constant, while its cost of goods sold
has increased. Which of the following will also likely show an increase for this firm?
Select the answer
1 correct answer
A.
Stock level
B.
Cycle time
C.
Turnover
D.
Variance

Quiz

9/10
In sourcing packaging for industrial purposes, which of the following will be MOST useful for
monitoring price behavior?
Select the answer
1 correct answer
A.
Consumer Price Index - All Items
B.
Producer Price Index - Intermediate Materials
C.
Producer Price Index - Finished Goods
D.
Consumer Price Index - All Items Less Food & Energy

Quiz

10/10
Certification Exam INTE: ISM Supply Management Integration ISM ISM-INTE 1-1866168478

There are 10,000 units in stock for the beginning of January, and maximum inventory holding is
19,000 units. Sales are recorded at the end of the month.
Procurement receives a communication from one of its retailers that it is planning a promotional
event in July. The retailer forecasts that it will require an additional 20,000 units. By how much
should the level production strategy increase its monthly output of units in order to meet the
requirements of the retailer and minimize overall inventory levels?
Select the answer
1 correct answer
A.
3,000
B.
2,000
C.
1,429
D.
2,572
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Info quiz:

  • Quiz name:INTE: ISM Supply Management Integration
  • Total number of questions:167
  • Number of questions for the test:50
  • Pass score:80%

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