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ISM INTE
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ISM INTE Questions and Answers
A warehouse manager notices that there has been a constant shortage of 4K TVs for the last few months. An investigation finds that the TVs have been stolen, even though warehouse access is strictly controlled by employee ID badge. In this situation, the warehouse manager's FIRST course of action should be to
A manufacturing firm redesigns its premier product to benefit from material standardization. The change will entail re-tooling costs. The firm conducts a cost benefit analysis on four possible options. Option 1 is to make no change at all. Options 2, 3, and 4 represent different re-tooling configurations involving different materials:
Option 1Option 2Option 3Option 4
Re-tooling Costs (Year 1)$0$800,000$1,000,000$1,200,000
Material Costs
Year 151,000,000$700,000$650,000$600,000
Year 2$1,100,000$750,000$700,000$650,000
Year 3SI,200,000$800,000$750,000$700,000
Year 451,300,000$850,000$800,000$750,000
Year 551,400,000$900,000$850,000$800,000
Total$6,000,000$4,000,000$3,750,000$3,500,000
Labor Costs
Year 1$1,000,000$700,000$650,000$600,000
Year 2$1,100,000$770,000$715,000S660,000
Year 3$1,210,000$847,000$786,500$726,000
Year 4$1,331,000$931,700$865,150$798,600
Year 5$1,464,100$1,024,870$951,665$878,460
Total$6,105,100$4,273,570$3,968,315$3,663,060
In addition to this, there will be a cost of $3.5 million in lost production during Year 1, should any of the re-tooling options (2, 3, or 4) be selected.
The firm wants to rank the options in order of financial preference, from the best option to the worst. Based on this information, how should the four options be ranked?
A company requires a physical tracking system for goods received and handled in its warehouse. The firm's executive management requests a report to justify funding for the tracking system. Which of the following is the PRIMARY point the report should address?
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With the complete collection of INTE practice test, Exams4sure has assembled to take you through CPSM test questions for your ISM exam preparation. In this INTE exam dumps study guide we have compiled real Supply Management Integration exam questions with their answers so that you can prepare and pass CPSM exam in your first attempt.
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Leadership and Transformation in Supply Management
TESTED 13 Nov 2024
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