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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

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.

Kanban

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Question 2

A company saves packaging from incoming shipments and utilizes the cartons to sort parts and pad outgoing pallets. This can BEST be described as

Options:

A.

recycling

B.

reduction

C.

reclamation

D.

reuse

Question 3

A company that manufactures rubber balls wishes to discontinue production and move into the golf ball industry. Consider the following steps in the disposition of the current inventory of rubber balls:

I. Dispose of the rubber balls per local regulations

II. Sell the rubber balls on the open market

III. Grind up the rubber balls and donate the material for a playground in the community

IV. Work with engineering to determine if the rubber can be used in the new golf ball line

In order to maximize recovery of its investment, which of the following is the BEST order for the application of these steps (from first to last)?

Options:

A.

II, I, II, IV

B.

II, IV, I, III

C.

IV, I, II, III

D.

I, III, II