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Vce INTE Questions Latest

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Question 16

When identifying complex market conditions affecting product or service demand factors, which of the following methods is typically MOST useful?

Options:

A.

Time series analysis

B.

Trend projections

C.

Moving averages

D.

Causal modeling

Question 17

A firm has created the following process flow diagrams depicting two possible strategies for the production of a new product line. The triangles represent inventory, and the rectangles represent processing. Each of the two options start with the same raw materials, and both create the product through two stages of processing.

Which of the following statements is correct?

Options:

A.

Option B's customers are likely to wait longer before receiving the product.

B.

Option A's product will be equally as expensive to make as Option B's.

C.

Option A's product is customizable for customers.

D.

Option B's product is an example of delayed differentiation.

Question 18

There are 10,000 units in stock for the beginning of January, and maximum inventory holding is 19,000 units. Sales are recorded at the end of the month.

Procurement receives a communication from one of its retailers that it is planning a promotional event in July. The retailer forecasts that it will require an additional 20,000 units. By how much should the level production strategy increase its monthly output of units in order to meet the requirements of the retailer and minimize overall inventory levels?

Options:

A.

3,000

B.

2,000

C.

1,429

D.

2,572

Question 19

\NXY, Inc. buys high-quality fragile products from a supplier. Numerous shipments from this supplier have arrived with dents

on the packages, resulting in damaged products. Given this situation, which of the following is the FIRST course of action WXY should take?

Options:

A.

Contact the freight forwarder and inquire as to why such damages are occurring so frequently

B.

Verify that the Incoterms® 2010 rule being used ensures that the responsibility is not on the supplier's side

C.

Modify the product design in order to avoid damages during transit

D.

Send the supplier pictures of the damaged packages and request improvements

Page: 4 / 12
Exam Code: INTE
Exam Name: Supply Management Integration
Last Update: Dec 23, 2024
Questions: 167
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