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NEW QUESTION 41
What defines work scope, sets the expectations and defines the relationship between the organization and the service provider?
- A. Service level agreement
- B. Counterfeit analysis agreements
- C. Technology agreements
- D. Process level agreements
Answer: A
NEW QUESTION 42
Each forecast is weighted by a given decimal value, known as ,
which is the difference between the most recent actual demand and the forecast.
- A. Alpha constant
- B. Smoothing constant
- C. Demand constant
- D. Exponential constant
Answer: B
NEW QUESTION 43
An inventory management program where information is submitted electronically from the customer to supplier is called:
- A. Add-on program
- B. Continuous replenishment program
- C. None of the above
- D. Front office program
Answer: B
NEW QUESTION 44
Which of the following is NOT the group of International Commercial Terms?
- A. Group C
- B. Group K
- C. Group F
- D. Group E
Answer: B
NEW QUESTION 45
A form of network diagram that graphically portray the sequential relationships and interdependence between the project tasks is called:
- A. Steps Forward Method
- B. Development Method
- C. Evolutionary Method
- D. Critical Path Method
Answer: D
NEW QUESTION 46
Which of the following is NOT the element o0f a project plan?
- A. Objectives
- B. Contractual agreements
- C. Replenishment plan
- D. Resource requirements
Answer: C
NEW QUESTION 47
A relatively small amount of the population controlled the majority of the wealth, this is known as:
- A. Statistical analysis
- B. Pareto analysis
- C. Ratio analysis
- D. Controlled analysis
Answer: B
NEW QUESTION 48
A process of determining the small minority of a population that accounts for the majority of given effect is called:
- A. Population analysis
- B. Statistical analysis
- C. Pareto analysis
- D. None of the above
Answer: C
NEW QUESTION 49
Third parties who act as intermediaries between buyer and seller are known as:
- A. Dealer
- B. Brokers
- C. Agent
- D. Negotiator
Answer: B
NEW QUESTION 50
Coding activities might include:
- A. All of the above
- B. issues approval
- C. needs notification
- D. Direct responsibility
Answer: A
NEW QUESTION 51
According to Project Management Institute,
which of the following is NOT the process group of project?
- A. Closing
- B. Executing
- C. Organizing
- D. Initiating
Answer: C
NEW QUESTION 52
Which of the following is NOT the area of Sarbanes-Oxley Act?
- A. Leadership time
- B. Waiting period
- C. Audit committees
- D. Loan prohibition
Answer: A
NEW QUESTION 53
A measure of velocity of total inventory movement through the organization, found by dividing annual sales by the average aggregate inventory value maintained during the year is called:
- A. Inventory turnover
- B. Inventory yield
- C. Inventory return
- D. Inventory proceeds
Answer: A
NEW QUESTION 54
What assess performance over a set period of time, most often the preceding year, and recognize accomplishments and successes?
- A. Formative evaluations
- B. Challenging evaluations
- C. Summative evaluations
- D. Conductive evaluations
Answer: C
NEW QUESTION 55
The re-employment, reuse, recycling or regeneration of something of value that is no longer necessary for the original intent is called:
- A. Inventory recovery
- B. Asset recovery
- C. Supply chain recovery
- D. Financing recovery
Answer: B
NEW QUESTION 56
A tool used
to develop
the technical
specifications necessary
to meet customer requirements is called:
- A. Quality function deployment
- B. Quality forecast
- C. Quality Matrix
- D. House of Quality
Answer: A
NEW QUESTION 57
An operations philosophy that stresses creating customer value through the elimination of
waste is called:
- A. Lean operation
- B. Filtered Process flow
- C. Revised operation
- D. Six sigma operation
Answer: A
NEW QUESTION 58
Which of the following essentially translate an organization's business plan into an operation plan?
- A. Staffing plan
- B. Services resources
- C. Requirement plan
- D. Capital investment plan
Answer: A
NEW QUESTION 59
Which of the following are the steps to proposal solicitation?
- A. Cooperation, Foundation and negotiation
- B. Selection, qualification and Management
- C. Origination, qualification and Projection
- D. Origination, qualification and negotiation
Answer: D
NEW QUESTION 60
At which level, rudimentary contract management processes exist with some informal documentation but there is no accountability for not following the standards and processes?
- A. Ad hoc
- B. Structured
- C. Integrated
- D. Initial
Answer: A
NEW QUESTION 61
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