Certified Professional in Supply Management (R) (CPSM) (Foundation)
Certified Professional in Supply Management (R) (CPSM) (Foundation)
Certified Professional in Supply Management (R) (CPSM) (Foundation)
CPSM
Certified Professional in Supply Management(R) (CPSM)(Foundatio
http://killexams.com/exam-detail/CPSM
QUESTION: 113
A one-way system with incoming goods flowing to the left of the entry and into one of
the three storage areas, depending on usage is the:
A. Inverted T warehouse
B. Cross-flow warehouse
C. Inverted U warehouse
D. Through-flow warehouse
Answer: B
QUESTION: 114
Answer: A
QUESTION: 115
A valid concept of connectedness that allows an organization to maintain a high level of
confidence in its distribution system is the:
A. Commodity warehouse
B. Allocation warehouse
C. Virtual warehouse
D. Implicit warehouse
Answer: C
QUESTION: 116
What includes all activities that occur after a product is finished, including distribution
selection, product order response and the return of goods?
A. Operational management
B. Logistics management
C. Core management
D. Practical management
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Answer: B
QUESTION: 117
Independent organizations that design and manage some or all of an organization’s
log istical needs are known as:
A. Third-party logistics
B. Freight forward logistics
C. Maintenance logistics
D. Global logistics
Answer: A
QUESTION: 118
Third parties who act as intermediaries between buyer and seller are known as:
A. Dealer
B. Brokers
C. Negotiator
D. Agent
Answer: B
QUESTION: 119
Who retain experts in global shipping to assist smaller organizations that do not have the
necessary experience or expertise?
Answer: C
QUESTION: 120
A. Group E
B. Group F
C. Group C
D. Group K 32
Answer: D
QUESTION: 121
Terms where the seller is responsible for delivering the goods to a carrier named by the
buyer is the:
A. Group E
B. Group F
C. Group C
D. Group K
Answer: B
QUESTION: 122
The supply management professional may use which mean to resolve the logical
conflicts?
A. Litigation
B. Negotiation
C. Acceptance
D. All of the above
Answer: D
QUESTION: 123
When both parties end a negotiation feeling content with what they have bargained, this
is referred to as:
A. Procurement scheme
B. win-win proposition
C. Superior intention
D. Disputed proposal
Answer: B
QUESTION: 124
A. Traffic consultants
B. Auditing consultants 33
C. Transportation consultants
D. Service consultants
Answer: A
QUESTION: 125
Which of the following is the area of concern to logistics?
A. Inventory
B. Transportation
C. Customer service
D. All of the above
Answer: D
QUESTION: 126
A measure of velocity of total inventory movement through the organization, found by
dividing annual sales by the average aggregate inventory value maintained during the
year is called:
A. Inventory proceeds
B. Inventory turnover
C. Inventory yield
D. Inventory return
Answer: B
QUESTION: 127
The costs of logistics services should be determined; these costs plus an added value or
markup becomes the:
A. Transfer price
B. Productivity cost
C. Operational price
D. Professional supply cost
Answer: A
QUESTION: 128
A scoreboard is simply a form of performance measurement and management that
records the ratings from a performance evaluation
34 process.
A. True
B. False
Answer: A
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