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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

A supply manager for a U.S. firm is tasked with negotiating domestic shipping terms. The terms must ensure that the supplier has liability for any damaged products and is responsible for filing any claims with the shipper. The terms must also allow the buying firm to pay the shipper directly for shipping costs. Which of the following will BEST accomplish this objective?

Options:

A.

FOB Origin, Freight Allowed

B.

FOB Origin, Freight Collect

C.

FOB Destination, Freight Collect

D.

FOB Destination, Freight Prepaid

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Question 2

Which of the following refers to the percentage of order requirements met through stock that is present on the shelf?

Options:

A.

Fill rate

B.

Lead time

C.

Inventory turnover

D.

Buffer stock

Question 3

A company finds that tracking demand for products sold at its retail outlets makes forecasting a challenge. Which of the following would be MOST useful in providing rapid updates when dealing with suppliers?

Options:

A.

Regression analysis of future sales

B.

Safety stock review

C.

Point-of-sale system

D.

Probability modeling