New 2022 CPSM exam questions Welcome to download the newest Exam4PDF CPSM PDF dumps (128 Q&As)
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NEW QUESTION 17
The implementation of a measurement-based strategy aimed at reducing variances and improving processes is the objective of:
- A. Performance specification
- B. Six sigma
- C. Performance life cycle
- D. Quality model
Answer: B
NEW QUESTION 18
What assess performance over a set period of time, most often the preceding year, and recognize accomplishments and successes?
- A. Formative evaluations
- B. Challenging evaluations
- C. Summative evaluations
- D. Conductive evaluations
Answer: C
NEW QUESTION 19
A performance measurement and management document that records the ratings from an evaluation process is known as:
- A. None of the above
- B. Mark-board
- C. Groove box
- D. Scorecard
Answer: D
NEW QUESTION 20
What can be described as a precise and measurable variable that is inherently present in the characteristics of a product or service?
- A. Quality
- B. Equipment
- C. Time
- D. Cost
Answer: A
NEW QUESTION 21
happens when one or more existing competitors realize an opportunity to improve their position or when they are responding to the pressure from other competitors
- A. Antagonism
- B. Business Conflict
- C. Rivalry
- D. Substitute bargaining
Answer: C
NEW QUESTION 22
Which of the following is NOT the component
used to calculate the inventory holding costs?
- A. Obsolescence
- B. Shrinkage
- C. Released rates
- D. Invested funds
Answer: C
NEW QUESTION 23
Which of the following is NOT the type of budget that the supply management budget includes?
- A. Purchased materials
- B. Capital budget
- C. Maintenance budget
- D. Expense budget
Answer: D
NEW QUESTION 24
What provides an illustration of the project's scope sand all tasks become the basic for monitoring the project's progress?
- A. Progress structure
- B. Work breakdown structure
- C. Project manual structure
- D. Process flow structure
Answer: B
NEW QUESTION 25
The amount of reserve capacity that a firm maintains to handle sudden increases in demand or temporary losses of production capacity is called:
- A. Capacity board
- B. Capacity capability
- C. Capacity cushion
- D. Capacity staffing
Answer: C
NEW QUESTION 26
According to Juran, which of the following three management processes are essential for all organizations?
- A. Quality management, quality improvement and resource planning
- B. Quality assurance, process improvement and resource planning
- C. Variation control, resource improvement and quality planning
- D. Quality control, quality improvement and quality planning
Answer: D
NEW QUESTION 27
Which of the following is NOT the type of statement of work (SOW)?
- A. Project SOW
- B. Performance SOW
- C. Level of effort SOW
- D. Design SOW
Answer: D
NEW QUESTION 28
Which of the following essentially translate an organization's business plan into an operation plan?
- A. Requirement plan
- B. Services resources
- C. Capital investment plan
- D. Staffing plan
Answer: D
NEW QUESTION 29
A large number of suppliers who are all capable of supplying the same product, and the dollars in:
- A. Leveraged items
- B. Bottleneck items
- C. Non-critical items
- D. Operational items
Answer: A
NEW QUESTION 30
Applying the value of existing equipment against the purchase of new is referred to as:
- A. Bidding
- B. Trade-in
- C. Action
- D. Equipment sales
Answer: B
NEW QUESTION 31
An inventory management program where information is submitted electronically from the customer to supplier is called:
- A. Add-on program
- B. Continuous replenishment program
- C. None of the above
- D. Front office program
Answer: B
NEW QUESTION 32
The underlying assumption is that a forecast can be created based on which of the following patterns observed within the time series data?
- A. Horizontal, Seasonality, Trend and Cycle
- B. Vertical Seasonality, Trend and Cycle
- C. Vertical, Seasonality, Variation and Smoothing
- D. Horizontal, Averaging, Variation and Smoothing
Answer: A
NEW QUESTION 33
The
demand forecast
for
all
products and services then is used to create a _, which breaks down all labor and material requirements, usually by quarter.
- A. aggregate plan
- B. aggregate forecast
- C. scheduling forecast
- D. Top-down strategy
Answer: A
NEW QUESTION 34
Employees who posses a desirable knowledge, for example in the area of contract negotiations, and are hired for their mental skills are referred to as:
- A. knowledge workers
- B. supply management workers
- C. Skilled workers
- D. decision makers
Answer: A
NEW QUESTION 35
A term used to describe a 'one piece flow' business strategy that allows an organization to establish a continuous sequencing of product, within a flow process is known as:
- A. Online scheduling
- B. Flow manufacturing
- C. Just-in-time scheduling
- D. Inventory scheduling
Answer: B
NEW QUESTION 36
Forecasters also estimate bias by using a , which is a ratio of the running sum of forecast errors to the cumulative Mean Absolute Deviation (MAD).
- A. Key pointer
- B. Mean square error method
- C. Single period method
- D. Tracking signal
Answer: D
NEW QUESTION 37
By using which process, the financial services provider improved an established sourcing process to convey clear expectations to service providers?
- A. DMAIC (define, measure, analyze, improve, control)
- B. DMATM (define, manage, analyze, test, maintenance)
- C. DMMDV (develop, measure, manage, distribute, maintenance)
- D. DMADV (define, measure, analyze, design, verify)
Answer: A
NEW QUESTION 38
What involves selected practices and
measurements
that are
compared from one organization to another?
- A. Flowcharting
- B. Cultural reviews
- C. Process assessment
- D. Benchmarking
Answer: D
NEW QUESTION 39
An intermediary who brings the buyer and the seller together is the:
- A. public surplus
- B. Broker
- C. their-party specialist
- D. Dealer
Answer: B
NEW QUESTION 40
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CPSM exam questions from Exam4PDF dumps: https://dumpstorrent.exam4pdf.com/CPSM-dumps-torrent.html (128 Q&As)
