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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

The ability to explain how and why decisions are made in support of business plans is important because it allows a supply manager to

Options:

A.

influence internal stakeholders

B.

reduce the amount of needed input from key stakeholders

C.

align goals to supply management's mission

D.

prevent supply chain disruptions

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Question 2

A supply manager Is conducting the following activities:

•Mapping between category codes and category maps

•Normalizing supplier information

•Performing supplier mapping

•Refining mapping with financial systems data

Which of the following is the supply manager engaged in?

Options:

A.

Risk analysis

B.

Spend analysis

C.

Market analysis

D.

Cost/price analysis

Question 3

CDE, Inc. contracts with a supplier for the fabrication of trade show booths and displays. The contract is on a cost-plus fixed fee (CPFF) basis, with the supplier's agreed-upon fee set at $15,000

and the estimated allowable cost of materials set at $20,000, for a total of $35,000. The supplier is able to bring down total material costs to $18,500. Given this situation, how much can the

supplier bill CDE for the project?

Options:

A.

It will depend upon the profit margin allowed by the contract

B.

$35,000

C.

$33,500

D.

Up to $35,000, based on CDE's acceptance of components