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INTE Practice Questions

Supply Management Integration

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Total Questions : 167

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Question # 41

Which of the following are the quickest ways to ship food products in order to ensure they do not spoil?

Options:

A.  

Motor carriage and rail

B.  

Water and motor carriage

C.  

Air freight and rail

D.  

Air freight and motor carriage

Discussion 0
Question # 42

A manufacturing firm is preparing a materials requirement plan for the next six weeks. The information is as follows:

Master Production Schedule

Week123456

Item A51015202530

Other Relevant Information

ItemItem's ParentItem's Lead TimeItem's Lot SizeItem's Current Inventory

ANone1 weekLFL20

BA2 weeks105

CB3 weeks205

How many levels does the product structure have in the bill of materials?

Options:

A.  

1

B.  

2

C.  

0

D.  

3

Discussion 0
Question # 43

Consider the following data comparing actual demand versus forecast demand:

MonthActual DemandForecast Demand

January100,00080,000

February105,00090,000

March110,000100,000

April70,000100,000

May90,000110,000

June100,00090,000

What is the Mean Annual Percent Error (MAPE) for the six months of data?

Options:

A.  

10%

B.  

15%

C.  

20%

D.  

25%

Discussion 0
Question # 44

A company moves its warehouse operations to a new location. Soon after, the company experiences higher shipping costs and delays in meeting delivery dates. Which of the following is the MOST likely cause of these increased costs and delays?

Options:

A.  

The new warehouse is staffed with inexperienced employees.

B.  

The new warehouse is farther away from suppliers than the previous one.

C.  

The transportation supplier is charging more to drive to the new warehouse.

D.  

The transportation supplier's drivers are having difficulty accessing the new warehouse.

Discussion 0
Question # 45

Which of the following circumstances MOST warrants expediting?

Options:

A.  

A new order placement for standard inventory parts

B.  

A purchase order for a part under evaluation for an engineering change

C.  

A purchase order that is currently past due from the supplier

D.  

A purchase order for parts with a history of defects

Discussion 0
Question # 46

Selection of a supplier takes place during which of the following phases of the project management process?

Options:

A.  

Project planning

B.  

Project initiation

C.  

Project monitoring and control

D.  

Project execution

Discussion 0
Question # 47

A manufacturer has facilities around the world and purchases steel from various global markets. The firm uses decentralized purchasing, with a procurement team in each of its various markets. Management would like to see a corporate approach to steel procurement. Which of the following should the firm's supply manager recommend?

Options:

A.  

A lead business unit for steel, to interface and handle procurement and strategy for each market

B.  

A sourcing committee with a representative from each market, to facilitate global steel strategy

C.  

Regional procurement groups that focus on steel negotiations and strategies for each market

D.  

A corporate steering committee to advise on strategy and act as a liaison with major suppliers

Discussion 0
Question # 48

Question # 48

There are 10,000 units in stock for the beginning of January, and maximum inventory holding is 19,000 units. Sales are recorded at the end of the month.

Procurement receives a communication from one of its retailers that it is planning a promotional event in July. The retailer forecasts that it will require an additional 20,000 units. By how much should the level production strategy increase its monthly output of units in order to meet the requirements of the retailer and minimize overall inventory levels?

Options:

A.  

3,000

B.  

2,000

C.  

1,429

D.  

2,572

Discussion 0
Question # 49

Which of the following is the BEST reason to use Monte Carlo simu-lations to improve a forecast7

Options:

A.  

To create a forecast that is accurate but has a wider distribution of potential outcomes

B.  

To provide a single correct forecast that removes uncertainty

C.  

To increase confidence in the forecast by reducing uncertainty

D.  

To simulate potential outcomes and accept the resulting forecast without question

Discussion 0
Question # 50

An organization has a forecast for June of 125 units. However, 140 units actually sell. What is the exponential smoothing forecast for July if the alpha is 0.2?

Options:

A.  

137 units

B.  

130 units

C.  

53 units

D.  

128 units

Discussion 0
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