Exam Questions INTE Vce & INTE Real Questions

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ISM INTE Exam Syllabus Topics:

Topic	Details
Topic 1	Project Management: This section covers applying project management principles to supply management activities.
Topic 2	Sales and Operations Planning (SOP): This section covers sales and Operations Planning, Demand Planning, and Forecasting.
Topic 3	Quality Management: This section covers understanding and applying quality management principles throughout the supply chain.
Topic 4	Logistics and Materials Management: This section covers knowledge of transportation modes, warehousing, and inventory management practices.
Topic 5	Supply Chain Strategy: This section deals with how to develop and implement material or service standardization programs and implement requirements planning to align supply management activities with organizational strategy.

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Exam Questions INTE Vce - Professional INTE Real Questions and Latest Supply Management Integration Valid Exam Cram

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ISM Supply Management Integration Sample Questions (Q139-Q144):

NEW QUESTION # 139
A company needs 1,000 widgets in Year 1 and projects that it will need 1,200 widgets in Year 2. The Year 1 order cost for widgets is $5, and the Year 1 carrying cost is S4. A recent contract renewal with the company's
3PL warehouse supplier will increase carrying costs in Year 2 to S6. How, if at all, will the Economic Order Quantity (EOQ) be affected?

A. The EOQ will stay the same in Year 2.
B. The EOQ will decrease in Year 2 to 45 units.
C. The EOQ will increase in Year 2 to 54 units.
D. The EOQ will decrease in Year 2 to 32 units.

Answer: D

Explanation:
The EOQ formula considers order costs and carrying costs. With the increase in carrying costs from $4 to $6 in Year 2, the EOQ will decrease, specifically to 32 units, as higher carrying costs lead to lower optimal order quantities. This balances inventory holding costs against order costs. Reference: Economic Order Quantity calculation and inventory management.

NEW QUESTION # 140
A manufacturer is concerned that excess packaging materials used for a product will send the wrong message to consumers who may have selected the product based on its sustainable design. How can supply management positively impact this situation?

A. Verify that recyclable packaging materials are properly coded for sorting
B. Work with product development to ensure sustainable packaging is developed
C. Increase the amount of shrink-wrap packaging
D. Include a notice with the product explaining that the packaging is recyclable

Answer: B

Explanation:
Collaboration with product development to create sustainable packaging aligns product presentation with consumer expectations of sustainability, enhancing brand image. Reference: Kotler, P., & Keller, K. L. (2016).
Marketing Management.

NEW QUESTION # 141
An ERP purchasing module indicates a gross requirement of 100 units for part number A123. There is an open purchase order for 55 units. The item master for this supplier shows an order lot size of 30 units each. In this situation, how many units of this part will the exception report indicate should be ordered7

A. 0
B. 1
C. 2
D. 3

Answer: B

Explanation:
With a gross requirement of 100 units and an open order for 55 units, 45 additional units are needed. Given the lot size of 30 units, the exception report would indicate ordering 45 units to meet the requirements.

NEW QUESTION # 142
A scientific equipment company wants to encourage its key suppliers to participate in the firm's quality certification program. The process is detailed and time-consuming. Which of the following is likely to be the GREATEST benefit to the buying organization?

A. Rationalized supply base
B. Faster incoming inspections
C. Lower total costs
D. Reduced transaction time

Answer: C

Explanation:
The greatest benefit of involving suppliers in a quality certification program is often the reduction in total costs. Certified suppliers typically produce higher-quality goods, reducing defects and rework. This improvement leads to lower operational costs and enhances the overall supply chain efficiency. References include supply chain management studies that highlight the cost benefits of supplier quality certifications.

NEW QUESTION # 143
A wine bar which also serves tapas and sandwiches notices that its customer volume fluctuates significantly (depending on convention tourism and hotel night stays) and that wait times for seating are growing longer. As a result, managing demand for perishable food products is becoming more challenging.
Which of the following would be MOST useful in this scenario?

A. Single period model
B. Box-Jenkins method
C. Least squares regression
D. Winters model

Answer: A

Explanation:
The single period model is suitable for managing demand for perishable items with fluctuating customer volume. It helps in optimizing inventory levels for items with limited shelf life, reducing waste and stockouts.
References: Inventory management techniques emphasize the use of single period models for perishable goods to balance supply and demand effectively.

NEW QUESTION # 144
......

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