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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

XYZ, Inc. has experienced a significant increase in the number of expedited orders with a key supplier over the last few months. In this situation, XYZ should

Options:

A.

raise the reorder point level of the products purchased from the supplier, so that XYZ will not be affected by any stock shortages

B.

request that the supplier offer a discount on its products, as the expedited requests are a financial burden

C.

contact a freight forwarder and sign a priority shipping agreement, so that XYZ can secure the expedited services

D.

determine the reasons for the ongoing expedited orders, identify the root cause, and take corrective action

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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

Analysis of inventory turnover is generally considered part of what status assessment ratio?

Options:

A.

Financial efficiency

B.

Working capital

C.

Operating expense

D.

Debt-to-equity