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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

The sourcing manager for a regional retail bakery chain reviews order quantities and stocking for perishable condiments on a quarterly basis. Which of the following factors should be the MOST critical consideration in this analysis?

Options:

A.

Setting reasonable delivery performance metrics for suppliers

B.

Understanding the tradeoff between freight costs and inventory levels

C.

Balancing customer service expectations with risk of stockouts

D.

Maintaining profitability for low margin items

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Question 2

A firm is looking to expand to a larger warehouse. Which of the following should be given the GREATEST consideration when determining the new warehouse's environmental impact?

Options:

A.

The building's total carbon footprint

B.

The efficiency of the warehouse's air conditioning unit

C.

The cost of replacing single pane windows

D.

The cost of changing light bulbs to LED lights

Question 3

Which of the following refers to the practice of buying a commodity on the open market for immediate delivery?

Options:

A.

Hedging

B.

C.

D.

Answer:

E.

Forward buying

F.

Spot buying

G.

Speculative buying