Easy To Download ISM CPSM Exam Dumps Updated 128 Questions
New Updated CPSM Exam Questions 2021
Salary of CPSMî Certified Professional in Supply Managementî certified professionals
The salary of CPSMî Certified Professional in Supply Managementî certified professionals varies from $102K to $156K depending on the years of experience.
NEW QUESTION 44
What is used to obtain general information about products, services or suppliers and is information request, not binding on either the supplier or the purchaser?
- A. Qualified product description
- B. Procurement document
- C. Solicitation document
- D. Target market
Answer: C
NEW QUESTION 45
Which of the following are the steps to proposal solicitation?
- A. Selection, qualification and Management
- B. Cooperation, Foundation and negotiation
- C. Origination, qualification and negotiation
- D. Origination, qualification and Projection
Answer: C
NEW QUESTION 46
A temporary endeavor undertaken to create a unique product or service is called:
- A. Build
- B. Development
- C. Project
- D. Enterprise
Answer: C
NEW QUESTION 47
A professional tool that organizations use to measure, investigate and control price and cost changes within their own organizations as:
- A. None of the above
- B. Supply professionalism
- C. Panel trading
- D. Custom indexing
Answer: D
NEW QUESTION 48
A pick module is a type of mechanized system used to:
- A. to pick only bulk items
- B. None of the above
- C. to pick both bulk items and single items
- D. to pick only single items
Answer: C
NEW QUESTION 49
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 50
What is used to lessen the potential biases commonly found using a jury of executive opinion?
- A. Averaging method
- B. Series foundation forecasting method
- C. Delphi method
- D. Structured method
Answer: C
NEW QUESTION 51
The sourcing process has moved from the initial stage to where it is used more repeatedly because of external pressures in which level of process maturity?
- A. Managed
- B. Defined
- C. Initial
- D. Repeatable
Answer: D
NEW QUESTION 52
Which of the following is NOT the international organization that provides extensive statistical data?
- A. Publication and Commercial Forecasts Organization
- B. United Nations
- C. Organization for Economic Co-operation
- D. Development and International Monetary Fund
Answer: A
NEW QUESTION 53
Who retain experts in global shipping to assist smaller organizations that do not have the necessary experience or expertise?
- A. Global shipping and inspections
- B. Global third parties
- C. Global trade fleet
- D. Foreign freight forwarders
Answer: D
NEW QUESTION 54
Which of the following is NOT the type of statement of work (SOW)?
- A. Design SOW
- B. Level of effort SOW
- C. Performance SOW
- D. Project SOW
Answer: A
NEW QUESTION 55
Coding activities might include:
- A. All of the above
- B. Direct responsibility
- C. needs notification
- D. issues approval
Answer: A
NEW QUESTION 56
To find a mathematical formula that will approximately generate the historical demand patterns in a time series is the goal of:
- A. Statistical analysis method
- B. Arithmetical model
- C. Numerical smoothing analysis
- D. Box-Jenkins method
Answer: D
NEW QUESTION 57
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. Business Conflict
- B. Rivalry
- C. Antagonism
- D. Substitute bargaining
Answer: B
NEW QUESTION 58
An inventory management program where information is submitted electronically from the customer to supplier is called:
- A. Front office program
- B. None of the above
- C. Add-on program
- D. Continuous replenishment program
Answer: D
NEW QUESTION 59
The process of developing information systems through investigation, analysis, design,
implementation and maintenance is known as_ .
Answer:
Explanation:
System Development Life Cycle
NEW QUESTION 60
When an organization reduces the number and design of items it uses, this is referred to as:
- A. Overview discussion
- B. Simplification
- C. Generalization
- D. Bifurcation
Answer: B
NEW QUESTION 61
The mean of at least two recent periods of demand data is the basis for the next period's demand forecast is the description of which quantitative forecast method?
- A. Weighted moving average
- B. Naive forecast
- C. Exponential smoothing forecast
- D. Simple moving average
Answer: D
NEW QUESTION 62
New product ideas fall into following categories except:
- A. Breakthrough ideas
- B. Derivative ideas
- C. Incremental ideas
- D. Production ideas
Answer: D
NEW QUESTION 63
What is useful when organizations are forecasting the effects of economic trends on national or worldwide supply and demand?
- A. Growing manufacturing
- B. Customized pooling
- C. Microdata
- D. Macrodata
Answer: D
NEW QUESTION 64
What includes all activities that occur after a product is finished, including distribution selection, product order response and the return of goods?
- A. Logistics management
- B. Operational management
- C. Core management
- D. Practical management
Answer: A
NEW QUESTION 65
The
demand forecast
for
all
products and services then is used to create a _, which breaks down all labor and material requirements, usually by quarter.
- A. Top-down strategy
- B. aggregate plan
- C. aggregate forecast
- D. scheduling forecast
Answer: B
NEW QUESTION 66
A measure of velocity of total inventory movement through the organization, found by dividing annual sales by the average aggregate inventory value maintained during the year is called:
- A. Inventory return
- B. Inventory turnover
- C. Inventory yield
- D. Inventory proceeds
Answer: B
NEW QUESTION 67
Organizations that perform freight auditing are called:
- A. Service consultants
- B. Transportation consultants
- C. Auditing consultants
- D. Traffic consultants
Answer: D
NEW QUESTION 68
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