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1. Using process mapping to analyze warehouse costs if an Input (X) is a spend analysis and a commodity is identified then the most likely Output (Y) would be?
A) Accepting quotes for a supply management purchase.
B) Determining customer service levels and satisfaction.
C) Determination of total cost of ownership (TCO).
D) The commodity sourcing plan
2. Which "market characteristic" includes markets where only a few suppliers produce a certain item or provide a service which is negatively impacted if one or more suppliers can no longer supply?
A) Capacity constraints
B) Global sourcing
C) Number of qualified suppliers
D) Price Uncertainty
3. Which "item characteristic" includes price increases due to poor planning?
A) Availability of supply
B) Product application
C) Global sourcing
D) Cost
4. A useful tool for supply management professionals where they may locate occupational safety and health literature summaries and citations electronically and in print for international supply issues is the?
A) International Occupational Safety and Health Information Centre (CIS)
B) INOCCSYS systems for occupational health literature.
C) International Occupational Health and Safety
D) International OHS Occupational Safety and Health
5. Supply management functions are increasingly important in relation to organizational budgeting, objectives, staffing, and policy. Supply management professionals must include the elements of organizational composition which include all of the following EXCEPT.
A) An environment within which the whole is greater than the sum of its parts.
B) An environment where each are as measured separately.
C) An environment in which the whole is only compared to benchmarks.
D) An environment within which the smaller parts have a greater effect than the total.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
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