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ISM CPSM Bridge Sample Questions:

1. Analyzing supply risks may include all the following network design analysis EXCEPT.

A) Scenario building
B) Sensitivity analysis
C) Mathematical model development
D) Regression analysis

2. As customers at the end of the supply chain need product replacement the effect is minimal, as that effect is transferred down stream into transportation and production units the effect or impact is magnified.
This principle is called what?

A) The weak link scheduling process.
B) The chain reaction scheduling process.
C) The bull whip effect scheduling process.
D) The strongest chain scheduling process.

3. If the supply management professional was developing information for a forecasting model in which they developed a consensus on matching requirements and capabilities to most effectively meet customer requirements within constraints imposed by the supply chain capabilities. They are in effect developing what?

A) Future supply needs of the organization.
B) Usage modeling for the organization.
C) The demand management of the organization.
D) Production strategy for the organization.

4. When establishing a satisfactory value figure typical valuation is based on CIF which is (Cost, Insurance,
Freight) or alternatively a ______________ cost basis.

A) FOB (Free on Board)
B) SER2 Shadow exchange rate 1
C) SER1 Shadow exchange rate 1
D) NOER Nominal official exchange rate

5. Which of the following is not a consideration during inventory disposition?

A) Implementing a back up supplier.
B) Assistance with inventory disposition.
C) A fair representation of the facts surrounding termination.
D) Prompt settlement of outstanding charges.

Solutions: