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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. Which of the following price strategies would one use if they allow the seller to charge an hourly rate for labor plus the cost of materials and allowable expenses?

A) Time and material contracts
B) Market based approach
C) Loss leader pricing
D) Market demand pricing

2. The three most common benchmark measures of process capability (Cpk) are?

A) 1.0, -1.0, 0
B) 1.25, 1.33, 2.0
C) 2,1,3
D) 1.0, -.5, 0

3. In low-cost country sourcing lag most likely affects which potential risk?

A) Longer lead times
B) Increased travel in communications expenses
C) Defects which have an enormous impact and may call for larger inventories
D) The possibility of losing all are some operational control

4. The global sharing and synchronization of the flow of materials through a supply chain involves determining which data and information should be shared with the buyer, supplier, and customer. This is referred to as what?

A) Supply chain visibility
B) Capacity derivative determination
C) Customer Relationship Management (CRM)
D) Shared response in ordering

5. A supply management approach to identify the allowable price for a suppliers goods and services when selling price is subtracted from the profit is called?

A) Irrelevant cost supply management approach.
B) Should cost supply management approach.
C) Competitive cost supply management approach.
D) Target cost supply management approach.

Solutions: