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ISM CPSM Bridge Sample Questions:
1. The import document which provides authority from the consignee to the ocean carrier to release cargo to an inland carrier is the?
A) Delivery order
B) Water bill of lading and receipt.
C) Water transmittal letter of consignment.
D) Ocean delivery declaration.
2. Which "market characteristic" includes buying organizations that cannot accurately forecast price changes and need to engage in hedging?
A) Price Uncertainty
B) Number of qualified suppliers
C) Global sourcing
D) Capacity constraints
3. Risk management is the directing and conducting of activities necessary to reduce or eliminate or mitigate the impact of factors which could result in injury, lawsuit, damage or ultimate business failure. These activities include all of the following EXCEPT.
A) Supply management risk monitoring
B) Supply management business base
C) Supply management risk mitigation
D) Supply management risk planning
4. 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) The demand management of the organization.
B) Production strategy for the organization.
C) Usage modeling for the organization.
D) Future supply needs of the organization.
5. A system common in the design stage which helps with growth and minimizes the potential duplication of efforts and excess inventories is called the?
A) Sturzl part ordering system (SPOS)
B) Common part numbering system (CPNS)
C) Specialized part production system (SPPS)
D) Rapid product production system (RPPS)
Solutions:
Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B |