Free CPSM Exam Braindumps (page: 11)

Page 10 of 33

Any material, component or product that is held for use at a later time is known as:

  1. Asset
  2. Inventory
  3. Record
  4. Cash

Answer(s): B



The re-employment, reuse, recycling or regeneration of something of value that is no longer necessary for the original intent is called:

  1. Asset recovery
  2. Inventory recovery
  3. Financing recovery
  4. Supply chain recovery

Answer(s): A



That fact that minor changes in customer demand can become exaggerated as that demand is communicated up that supply chain is referred to as:

  1. embellished effect
  2. amplification effect
  3. bullwhip effect
  4. inflation effect

Answer(s): C



According to the supply management, one of the most useful ways to develop is to begin with an inventory report listing all items in descending order of dollar spent.

  1. Top-down classification
  2. Slope classification
  3. Gradient classification
  4. ABC classification

Answer(s): D






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