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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

An organization's capital expenditure policies are MOST closely aligned with which of the following types of assets?

Options:

A.

Deferred

B.

Intangible

C.

Current

D.

Fixed

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Question 2

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

Question 3

The sourcing manager for a regional retail bakery chain reviews order quantities and stocking for perishable condiments on a quarterly basis. Which of the following factors should be the MOST critical consideration in this analysis?

Options:

A.

Setting reasonable delivery performance metrics for suppliers

B.

Understanding the tradeoff between freight costs and inventory levels

C.

Balancing customer service expectations with risk of stockouts

D.

Maintaining profitability for low margin items