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ISM CPSM Bridge Sample Questions:
1. The common measures of forecast accuracy include standard error rates, mean squared error, and what?
A) The mass percentage error.
B) The total percentage error.
C) The standard deviation of the error.
D) The mean percentage error.
2. Which type of scheduling process would be best suited for the application in which a demand based strategy was used and items were pulled through a coordinated manufacturing process based on continual monitoring of customer demand?
A) Flow manufacturing utilization technique.
B) Sales forecast utilization technique.
C) Package optimization scheduling process.
D) Level scheduling technique.
3. Most organizations have established ethical supply management policies guiding the behavior of their employees. Which of the following is an example of an ethical business experience?
A) A worker is seen removing some of the contents of a box and takes it to the break room.
B) Supply management professional John realizes one of his suppliers has been struggling with competition and is financially strained. He agrees to purchase product in advance of his need to help the supplier.
C) Videos cameras in the supply warehouse monitor two supplier drivers removing merchandise from a truck and placing it in the cab of their vehicles and no action is taken.
D) A diversity supplier is not afforded business because a supply team member felt uncomfortable with them.
4. The measure which tells how effectively the organization is using the assets involved in a project is called?
A) ROTA usage of assets in the organization.
B) Return on assets employed
C) ROIA usage of assets in the organization.
D) Return on project investment.
5. Implementing strategic sourcing allows for achieving enterprise wide objectives. Opportunities for strategic sourcing include all of the following EXCEPT.
A) Expanding the role of strategic suppliers
B) Recruiting and retaining top talent
C) Consolidating software and electronic procurement systems
D) Reduction in spend
Solutions:
Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |