Free CPSM Exam Braindumps
Certified Professional in Supply Management (CPSM) Questions 46–50 (page: 11)

Updated On: 9-Feb-2026

A progressive approach to control inventory is called:

  1. Materials inventory
  2. Delays in production approach
  3. Supplier-managed inventory
  4. Depleted control approach

Answer(s): C



The term most often used to refer to the role of logistics in product returns, source reduction, recycling, materials substitution, reuse of materials, waster disposal, and refurbishing, repair and remanufacturing is known as:

  1. Multichannel logistics
  2. Reverse logistics
  3. Rearrange Materials logistics
  4. Switch State art logistics

Answer(s): B



An intermediary who brings the buyer and the seller together is the:

  1. Dealer
  2. their-party specialist
  3. public surplus
  4. Broker

Answer(s): D



Applying the value of existing equipment against the purchase of new is referred to as:

  1. Bidding
  2. Trade-in
  3. Action
  4. Equipment sales

Answer(s): B



A lean manufacturing technique in which the transformation of materials is traced from beginning to end to determine if there is waste in the process is called:

  1. Value stream mapping
  2. State map technique
  3. Fair market value mapping
  4. Customized stream mapping

Answer(s): A



Viewing page 11 of 27
Viewing questions 51 - 55 out of 128 questions


Post your Comments and Discuss Financial CPSM exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!