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CPSM - Certified Professional in Supply Management(R) (CPSM)(Foundation) - Dump Information
Vendor | : | ISM |
Exam Code | : | CPSM |
Exam Name | : | Certified Professional in Supply Management(R) (CPSM)(Foundation) |
Questions and Answers | : | 128 Q & A |
Updated On | : | November 30, 2017 |
PDF Download Mirror | : | CPSM Brain Dump |
Get Full Version | : | Pass4sure CPSM Full Version |
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QUESTION: 113
A
one-way system with incoming goods flowing to the left of the entry and
into one of the three storage areas, depending on usage is the:
- Inverted T warehouse
- Cross-flow warehouse
- Inverted U warehouse
- Through-flow warehouse
Answer: B
QUESTION: 114
A pick module is a type of mechanized system used to:
- to pick both bulk items and single items
- to pick only bulk items
- to pick only single items
- None of the above
Answer: A
QUESTION: 115
A valid concept of connectedness that allows an organization to maintain a high level of
confidence in its distribution system is the:
- Commodity warehouse
- Allocation warehouse
- Virtual warehouse
- Implicit warehouse
Answer: C
QUESTION: 116
What includes all activities that occur after a product is finished, including distribution
selection, product order response and the return of goods?
- Operational management
- Logistics management
- Core management
- Practical management
31
Answer: B
QUESTION: 117
Independent organizations that design and manage some or all of an organization’s logistical needs are known as:
- Third-party logistics
- Freight forward logistics
- Maintenance logistics
- Global logistics
Answer: A
QUESTION: 118
Third parties who act as intermediaries between buyer and seller are known as:
- Dealer
- Brokers
- Negotiator
- Agent
Answer: B
QUESTION: 119
Who retain experts in global shipping to assist smaller organizations that do not have the
necessary experience or expertise?
- Global trade fleet
- Global third parties
- Foreign freight forwarders
- Global shipping and inspections
Answer: C
QUESTION: 120
Which of the following is NOT the group of International Commercial Terms?
- Group E
- Group F
- Group C
- Group K 32
Answer: D
QUESTION: 121
Terms where the seller is responsible for delivering the goods to a carrier named by the
buyer is the:
- Group E
- Group F
- Group C
- Group K
Answer: B
QUESTION: 122
The supply management professional may use which mean to resolve the logical
conflicts?
- Litigation
- Negotiation
- Acceptance
- All of the above
Answer: D
QUESTION: 123
When both parties end a negotiation feeling content with what they have bargained, this
is referred to as:
- Procurement scheme
- win-win proposition
- Superior intention
- Disputed proposal
Answer: B
QUESTION: 124
Organizations that perform freight auditing are called:
- Traffic consultants
- Auditing consultants 33
- Transportation consultants
- Service consultants
Answer: A
QUESTION: 125
Which of the following is the area of concern to logistics?
- Inventory
- Transportation
- Customer service
- All of the above
Answer: D
QUESTION: 126
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:
- Inventory proceeds
- Inventory turnover
- Inventory yield
- Inventory return
Answer: B
QUESTION: 127
The costs of logistics services should be determined; these costs plus an added value or
markup becomes the:
- Transfer price
- Productivity cost
- Operational price
- Professional supply cost
Answer: A
QUESTION: 128
A scoreboard is simply a form of performance measurement and management that
records the ratings from a performance evalu3a4tion process.
- True
- False
Answer: A
35
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