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| Vendor: | ISM |
|---|---|
| Exam Code: | INTE |
| Exam Name: | Supply Management Integration |
| Exam Questions: | 167 |
| Last Updated: | August 23, 2026 |
| Related Certifications: | Certified Professional in Supply Management |
| Exam Tags: | Supply Management Professional Level Supply management practitionersprocurement professionals |
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An engineering team requests assistance from a supply manager to resolve an issue related to a new product under development. The product is seasonal, and the organization has a short lead time to bring the product to market. Given this situation, which of the following is the BEST course of action for the supply manager to take7
Given the short lead time and the need for rapid market entry, leveraging an existing strategic supplier's capabilities is optimal. This approach minimizes delays and leverages established relationships and processes, ensuring the product can be developed and delivered efficiently.
Which of the following refers to a computer-based system that determines the purchase requisition requirements that go into the manufacture of end items, and addresses an organization's operational, financial and marketing strategies?
MRP II is a computer-based system that integrates operational, financial, and marketing strategies, expanding beyond material requirements planning (MRP) to include broader resource planning and management. Reference: MRP II frameworks are essential for aligning production with organizational objectives and market demands.
A product has the following characteristics:
COGS $1,000,000
Starting Inventory 20,000
Ending Inventory 10,000
What is the inventory turnover of this item'
Inventory turnover is calculated as COGS divided by the average inventory. Using the provided values: COGS ($1,000,000) and average inventory ((20,000 + 10,000) / 2), the turnover ratio is 50. This metric is crucial for assessing inventory management efficiency, indicating how often inventory is sold and replaced over a period.
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?
A point-of-sale (POS) system would be most useful for providing rapid updates when dealing with suppliers. POS systems capture real-time sales data, allowing for accurate and timely tracking of demand at retail outlets. This information aids in precise forecasting and inventory management, facilitating better supplier communication. Reference: Retail management and technology integration in supply chains.
A firm has a 50% chance of receiving its daily purchases of fresh bread from a supplier in the event a regional flooding incident. The supply manager approaches two suppliers in geographic locations less likely to be disrupted by the event, and both agree to be ad-hoc suppliers. Their likelihoods of supplying in the event of the flood incident are 75% and 80% respectively. If the flooding event occurs, purchases would be sought from all three companies. Based on this information, what is the probability of the firm being supplied fresh bread during a major regional flooding event'
The probability of receiving supplies from at least one supplier is calculated by considering the complementary probabilities of not receiving from each. The formula used is 1 - (1 - 0.5) (1 - 0.75) (1 - 0.8), resulting in a 99.5% probability of supply during the event.
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