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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

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?

Options:

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

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Question 2

A firm collects the following forecasted and actual demand for a certain part:

PeriodForecastActual

KI30311

22531

32826

42520

What is the absolute value of the forecast error?

Options:

A.

10

B.

Cannot be determined from above information

C.

14;

D.

0

Question 3

GHI, Inc. is a U.S.-based company with an expanding product line. GHI widens its sourcing of components to global suppliers, including suppliers in countries which are not included in trading blocs or bilateral agreements with the United States. Compliance with which of the following will MOST likely reduce GHI's administrative burden of cargo inspections on materials imported from these sources?

Options:

A.

United Nations Convention on Contracts for the International Sale of Goods (CISG)

B.

Foreign Corrupt Practices Act (FCPA)

C.

Global Environmental Management Initiative (GEMI)

D.

Customs-Trade Partnership Against Terrorism (C-TPAT)