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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 chief procurement officer (CPO) for a large hospital system is planning to implement a new e-sourcing system. Satellite clinics and specialty centers will be authorized to process small orders through this system, rather than sending requests to the central supply management department, as has been done in the past. Which of the following actions by the CPO will MOST likely support a successful implementation of this system?

Options:

A.

Providing regular progress reports to top management

B.

Visiting similar organizations to see how their systems operate

C.

Building a team of potential users to help define needs

D.

Scheduling on-site demonstrations of leading software systems

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Question 2

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

Question 3

An automobile manufacturer learns that its supplier for brake parts cannot maintain a steady workforce of machinists. In this instance, it is likely that the manufacturer failed to examine which of the following during supplier performance evaluations?

Options:

A.

Labor stability

B.

Quality metrics

C.

Financial stability

D.

Business continuity