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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

Rebates are considered part of which of the following types of cost management?

Options:

A.

Cost avoidance

B.

Cost reduction

C.

Cost mitigation

D.

Cost containment

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Question 2

An operations manager wants to replace the existing fleet of aging vehicles owned by the company. The operations manager presents the supply manager with a list denoting the quantity, makes and models currently in operation:

Quantity

Brand A - 4X4 SUVs15

Brand B - Midsize Cars5

Brand C - Compact Cars45

Which of the following is the BEST course of action for the supply manager to take?

Options:

A.

Request quotations for the listed quantities of vehicles, using generic specifications and performance requirements

B.

Request quotations for the listed makes and models of vehicles, with forecasted quantities to meet current and future needs

C.

Request quotations using generic specifications and performance requirements, with forecasted quantities to meet current and future needs

D.

Request quotations for the makes, models and quantities of vehicles specified on the list

Question 3

A procurement manager solicits bids for renovation of a building and writes a service level agreement. The agreement includes language regarding the proper disposal of waste. This is an example of a(n)

Options:

A.

regulatory requirement

B.

zead time requirement

C.

cost goal

D.

engineering specification