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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

A manufacturer is working to standardize high-volume, low-cost hardware components used in its assembly process. The manufacturer wants to transfer some of the risks associated with inventory carrying costs, warehousing costs, and re-stocking costs to the supplier. Which of the following will be MOST useful in accomplishing this goal?

Options:

A.

Vendor-managed inventory

B.

Reorder-point system

C.

Safety stock

D.

Kanban

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Question 2

A company that manufactures rubber balls wishes to discontinue production and move into the golf ball industry. Consider the following steps in the disposition of the current inventory of rubber balls:

I. Dispose of the rubber balls per local regulations

II. Sell the rubber balls on the open market

III. Grind up the rubber balls and donate the material for a playground in the community

IV. Work with engineering to determine if the rubber can be used in the new golf ball line

In order to maximize recovery of its investment, which of the following is the BEST order for the application of these steps (from first to last)?

Options:

A.

II, I, II, IV

B.

II, IV, I, III

C.

IV, I, II, III

D.

I, III, II

Question 3

At the beginning of each year, a large firm’s indirect procurement organization holds a brainstorming session. These sessions produce many great ideas and foster support among the procurement team. However, after a few years, support for the brainstorming sessions begins to diminish, and the projects discussed are pushed aside in order to deal with more pressing issues. In this situation, which of the following would be the BEST course of action to take?

Options:

A.

Discontinue the brainstorming sessions and urge employees to make improvements within their areas of responsibility as they see opportunities arise

B.

Ask other functional areas to suggest improvement projects, and dedicate resources to support these initiatives

C.

Create a center of excellence with select managers committed to implementing the ideas discussed in the brainstorming sessions

D.

Assign functional project managers to work on the brainstorming project