ISM INTE Exam Dumps Free, Test INTE Cram Pdf

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ISM INTE Exam Syllabus Topics:

Topic	Details
Topic 1	Logistics and Materials Management: This section covers knowledge of transportation modes, warehousing, and inventory management practices.
Topic 2	Project Management: This section covers applying project management principles to supply management activities.
Topic 3	Sales and Operations Planning (SOP): This section covers sales and Operations Planning, Demand Planning, and Forecasting.
Topic 4	Supply Chain Strategy: This section deals with how to develop and implement material or service standardization programs and implement requirements planning to align supply management activities with organizational strategy.
Topic 5	Quality Management: This section covers understanding and applying quality management principles throughout the supply chain.

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ISM Supply Management Integration Sample Questions (Q34-Q39):

NEW QUESTION # 34
A manufacturer is updating its production plans for the remainder of the year. The firm has already obtained revised needs information from its customers, as well as the finance and sales teams. Which of the following additional information would be MOST useful to the firm?

A. Corporate goals from the management team
B. Recent production issues from the quality team
C. Product modifications from the design team
D. Upcoming promotions from the marketing team

Answer: D

Explanation:
Marketing promotions significantly impact demand forecasts and production planning. Understanding future promotions allows better alignment of production schedules with expected sales spikes. Reference: Chopra, S.,
& Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation.

NEW QUESTION # 35
A manufacturer of gas-powered motors realigns its supply chain to fit a new business segment. In the past, the firm focused on customized designs. Now, it wishes to compete in the electric motor market, which is highly competitive and price-sensitive. Given this situation, which of the following will ensure that the firm has the proper planning in place?

A. Negotiating prices with suppliers with a focus on total cost of ownership models, to minimize inventory and logistics costs
B. Requiring suppliers to verify that sustainability metrics for various programs are closely monitored
C. Working with engineering to ensure the inclusion of customizable product and service features, in order to meet customer demands
D. Working with engineering and suppliers to develop new product designs

Answer: A

Explanation:
In a price-sensitive and competitive market, focusing on total cost of ownership is critical. By negotiating with suppliers to minimize inventory and logistics costs, the firm can better control expenses and remain competitive. This approach ensures proper supply chain alignment with the new market segment's demands.

NEW QUESTION # 36
When an organization is devising a long-term forecast, consulting external sources of information is MOST useful

A. in gathering market intelligence
B. for benchmarking a specific competitor
C. in eliminating irrelevant data
D. for setting realistic organizational goals

Answer: A

Explanation:
Consulting external sources is crucial for gathering market intelligence when devising long-term forecasts.
This information helps organizations understand market trends, customer behavior, and competitive landscapes, enabling more accurate and strategic planning.

NEW QUESTION # 37
Which of the following is the BEST reason to use Monte Carlo simu-lations to improve a forecast7

A. To create a forecast that is accurate but has a wider distribution of potential outcomes
B. To increase confidence in the forecast by reducing uncertainty
C. To provide a single correct forecast that removes uncertainty
D. To simulate potential outcomes and accept the resulting forecast without question

Answer: B

Explanation:
Monte Carlo simulations are used to understand the impact of risk and uncertainty in prediction and forecasting models. They work by running a large number of simulations with varying input variables to produce a distribution of possible outcomes. This method allows forecasters to see a range of potential results and their probabilities, thus reducing uncertainty and increasing confi-dence in the forecast. The goal is not to provide a single correct forecast but to understand the range and likelihood of different outcomes. References:
*Thesen, A., & Travis, L. E. (2009). Simulation for Decision Making. CRC Press.
*Charnes, J. M. (2012). Financial Modeling with Crystal Ball and Excel. Wiley.

NEW QUESTION # 38
A company needs 1,000 widgets in Year 1 and projects that it will need 1,200 widgets in Year 2. The Year 1 order cost for widgets is $5, and the Year 1 carrying cost is S4. A recent contract renewal with the company's
3PL warehouse supplier will increase carrying costs in Year 2 to S6. How, if at all, will the Economic Order Quantity (EOQ) be affected?

A. The EOQ will increase in Year 2 to 54 units.
B. The EOQ will stay the same in Year 2.
C. The EOQ will decrease in Year 2 to 45 units.
D. The EOQ will decrease in Year 2 to 32 units.

Answer: D

Explanation:
The EOQ formula considers order costs and carrying costs. With the increase in carrying costs from $4 to $6 in Year 2, the EOQ will decrease, specifically to 32 units, as higher carrying costs lead to lower optimal order quantities. This balances inventory holding costs against order costs. Reference: Economic Order Quantity calculation and inventory management.

NEW QUESTION # 39
......

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ISM INTE Exam Dumps Free, Test INTE Cram Pdf

ISM INTE Exam Syllabus Topics:

100% Pass 2025 INTE: Reliable Supply Management Integration Exam Dumps Free

ISM Supply Management Integration Sample Questions (Q34-Q39):

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