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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

Which of the following refers to a computer-based system that determines the purchase requisition requirements that go into the manufacture of end items, and addresses an organization's operational, financial and marketing strategies?

Options:

A.

Electronic data interchange (EDI)

B.

Material requirements planning (MRP)

C.

Distribution requirements planning (DRP)

D.

Manufacturing resource planning (MRP II)

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Question 2

Which of the following refers to an agreement between a buyer and supplier in which vendor-owned inventory is stored on the buyer's floor until it is used in production?

Options:

A.

Consignment

B.

Just-in-time

C.

Point-of-use

D.

Vendor-managed

Question 3

A manufacturer is working to standardize high-volume, low-cost hardware components used in its assembly process. The manufacturer wants to transfer some of the risks associated with inventory carrying costs, warehousing costs, and re-stocking costs to the supplier. Which of the following will be MOST useful in accomplishing this goal?

Options:

A.

Vendor-managed inventory

B.

Reorder-point system

C.

Safety stock

D.

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