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Quiz ISM - INTE - Supply Management Integration–Valid Study Demo

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ISM INTE Exam Syllabus Topics:

Topic
Details

Topic 1

Quality Management: This section covers understanding and applying quality management principles throughout the supply chain.

Topic 2

Sales and Operations Planning (SOP): This section covers sales and Operations Planning, Demand Planning, and Forecasting.

Topic 3

Supply Chain Strategy: This section deals with how to develop and implement material or service standardization programs and implement requirements planning to align supply management activities with organizational strategy.

Topic 4

Project Management: This section covers applying project management principles to supply management activities.

Topic 5

Logistics and Materials Management: This section covers knowledge of transportation modes, warehousing, and inventory management practices.

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100% Pass 2025 First-grade ISM INTE: Study Supply Management Integration Demo

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ISM Supply Management Integration Sample Questions (Q31-Q36):

NEW QUESTION # 31
Analysis of inventory turnover is generally considered part of what status assessment ratio?

A. Operating expense
B. Debt-to-equity
C. Financial efficiency
D. Working capital

Answer: C

Explanation:
Inventory turnover analysis is part of assessing financial efficiency. It measures how effectively a company uses its inventory and resources, indicating how well inventory is managed relative to sales, thus reflecting operational efficiency.

NEW QUESTION # 32
NXY, Inc. buys high-quality fragile products from a supplier. Numerous shipments from this supplier have arrived with dents on the packages, resulting in damaged products. Given this situation, which of the following is the FIRST course of action WXY should take?

A. Modify the product design in order to avoid damages during transit
B. Verify that the Incoterms 2010 rule being used ensures that the responsibility is not on the supplier's side
C. Send the supplier pictures of the damaged packages and request improvements
D. Contact the freight forwarder and inquire as to why such damages are occurring so frequently

Answer: C

Explanation:
The first course of action is to send pictures of the damaged packages to the supplier and request improvements. This step helps establish clear communication regarding the problem and provides visual evidence that can lead to corrective actions by the supplier. It's important to address quality issues directly with the supplier to ensure packaging meets the necessary standards. References: Supply chain management principles highlight the importance of supplier communication and collaboration in resolving quality issues.

NEW QUESTION # 33
A manufacturer receives notice from one of its largest customers stating that, from this point on, it will only accept environmentally friendly boxes for packaging. The manufacturer checks the remaining packaging in its inventory and finds that it still has over six months' worth of boxes that are not made of environmentally-friendly materials. These boxes are custom-designed and cannot be returned to the packaging material supplier. In this situation, the manufacturer would be BEST served by doing which of the following?

A. Explaining the situation to the customer and offering the products in the existing boxes at a discounted price
B. Negotiating a grace period with the customer to allow a gradual switch from the existing design to the new one
C. Using the leftover boxes for internal purposes within the organization
D. Disposing of the existing boxes and switching to environmentally-friendly materials

Answer: B

Explanation:
Negotiating a grace period allows the manufacturer to utilize the existing inventory of non-environmentally friendly boxes while planning a transition to meet the customer's requirements. This approach balances customer satisfaction and cost efficiency, avoiding waste and financial loss. References: Supply chain flexibility and customer relationship management practices emphasize negotiation as a key strategy in adapting to changing customer demands.

NEW QUESTION # 34
Identifying risks is MOST associated with which of the following stages of a project?

A. Monitoring and Controlling
B. Initiating
C. Executing
D. Planning

Answer: D

Explanation:
Risk identification primarily occurs during the planning phase of a project. This stage involves assessing potential risks that could impact project objectives, allowing for the development of mitigation strategies and contingency plans.

NEW QUESTION # 35
Which of the following forecasting methods is regarded as participatory7

A. Box-Jenkins
B. Market research
C. Exponential smoothing
D. Sales force composite

Answer: D

Explanation:
The sales force composite method is participatory, involving input from the sales team who provide forecasts based on their knowledge of customer needs and market trends. This method leverages the insights of those directly engaged with customers, enhancing the accuracy of demand forecasts.

NEW QUESTION # 36
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