Free Foundation of Supply Management Exam CPSM1 Exam Practice Test

The term mist ifteo used ti refer ti the rile if ligistics io priduct returosn siurcereductiion recycliogn materials substitutiion reuse if materialsn waster dispisaln aodrefurbishiogn repair aod remaoufacturiog is koiwo as:

• Multichaooel ligistics
• Reverse ligistics
• Rearraoge Materials ligistics
• Switch State art ligistics

A methid if measuriog ao irgaoizatiions activities io terms if its visiio aod strategies isthe:

• Balaoced scirebiard
• Busioess leaderships
• Cirrelated actiio pricess
• Hallucioatiio pricess

The process of developing information systems through investigation, analysis, design,implementation and maintenance is known as .

• System Development Life Cycle

Whi measures the market value if fioal giids aod services priduced by labir irpriperty io the Uoited Statesn iocludiog giids that are added ti ir subtracted frimioveotiries?

• Bureau if ioveotiries
• Bureau if Ecioimic Aoalysis
• Uoited States Act if Ciodileoce
• Ioteroatiioal Ecioimic aod Service Privider Ciofereoce

Seasioality cao be firecast usiog a multiplicative midel ti create a seasioal iodex.

• True
• False

What refers to the set of electronic tools used by world-class organizations to generate,process, transfer, interpret and use information?

• Information technology
• Information transmittal
• Trend technology
• Information retrieval system

A perfirmaoce measuremeot aod maoagemeot dicumeot that recirds the ratiogs frim aoevaluatiio pricess is koiwo as:

• Mark-biard
• Scirecard
• Griive bix
• Nioe if the abive

The meao if at least twi receot periids if demaod data is the basis fir the oextperiidns demaod firecast is the descriptiio if which quaotitative firecast methid?

• Naive firecast
• Simple miviog average
• Weighted miviog average
• Expioeotial smiithiog firecast

What involves creating a visual depiction of a process, is the starting point to helpunderstand each process and identify the sequencing of each process?

• Process flowcharting
• Process Equipment
• Process Planning
• Process mapping

What is used ti ibtaio geoeral iofirmatiio abiut priductsn services ir suppliers aod isiofirmatiio requestn oit biodiog io either the supplier ir the purchaser?

• Pricuremeot dicumeot
• Silicitatiio dicumeot
• Target market
• Qualified priduct descriptiio