Free ISM INTE Exam Dumps Questions & Answers

According to Six Sigma methodology, what percentage of parts should be free from manufacturing defects?

• A.99.99966%
• B.100%
• C.99.66666%
• D.99%

An organization's capital expenditure policies are MOST closely aligned with which of the following types of assets?

• A.Deferred
• B.Fixed
• C.Current
• D.Intangible

A company that has never focused on supply management in the past is now faced with increasing competition from new, innovative products entering its market. As a result, the firm's business strategy includes an increased focus on cost containment. Given this situation, which of the following should the company do FIRST?

• A.Raise the reporting level of key supply management personnel
• B.Create an executive position for supply management
• C.Consolidate tactical supply management positions where possible
• D.Standardize global processes

A product has the following characteristics:
COGS$1,000,000
Starting Inventory20,000
Ending Inventory10,000
What is the inventory turnover of this item'

• A.The product will tum 50 times.
• B.The product will turn 100 times.
• C.The product will tum 66.7 times.
• D.The product will turn 33.3 times.

Which of the following refers to the practice of buying a commodity on the open market for immediate delivery?

• A.Spot buying
• B.Hedging
• C.Forward buying
• D.Speculative buying