Ism dumpspedia last Attempt Inte Questions by Melody q50 vce pdf

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Exam Name:	Supply Management Integration
Exam Code:	INTE Dumps
Vendor:	ISM	Certification:	CPSM
Questions:	167 Q&A's	Shared By:	melody

Question 28

Reducing the number of items that perform the same or similar function is known as

Options:

value analysis

standardization

value engineering

simplification

Discussion

Question 29

Which of the following is the GREATEST advantage of using component standardization in product design?

Options:

Increasing the potential supply base for the standardized components

Leveraging volume and simplifying new product development

Reducing component costs and forecast complexity

Reducing the effort required to maintain the supply chain

Discussion

Question 30

The supply manager for a semiconductor company receives an emergency phone call from the firm's factory manager, who states that the manufacturing equipment is down and that a replacement part is needed as soon as possible. The supply manager checks the stock for this part but finds nothing. In this situation, the supply manager should do which of the following?

Options:

Ask the factory manager to perform an equipment failure analysis in order to understand the root cause of the equipment failure

Perform a cost analysis to examine if it is better to expedite the part or wait for the part's scheduled arrival date

Contact the equipment supplier and ask it to coordinate an expedited delivery of the part as soon as possible

Verify with the warehouse manager if there is an extra spare part in stock that was not correctly registered in the stock database system

Discussion

Question 31

A firm sells an average of 2,000 units of snacks from its existing stock while it waits for orders to be delivered. Demand during lead time varies in accordance with a normal distribution. The firm's supply manager prepares a presentation to explain the concept of customer service and safety stock levels using the following figure:

Questions 31

What does the shaded area D (in red) represent?

Options:

Average demand during lead-time

Service level

Stock-out risk

Re-order point

Discussion

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