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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. Costs that change proportionately with the volume of production of goods or services are commonly known as?

A) Anticipated costs associated with production.
B) Normalized costs associated with production.
C) Flexible costs associated with production.
D) Variable costs associated with production.

2. When establishing a satisfactory value figure typical valuation is based on CIF which is (Cost, Insurance,
Freight) or alternatively a ______________ cost basis.

A) FOB (Free on Board)
B) NOER Nominal official exchange rate
C) SER1 Shadow exchange rate 1
D) SER2 Shadow exchange rate 1

3. Which "market characteristic" includes buying organizations that cannot accurately forecast price changes and need to engage in hedging?

A) Global sourcing
B) Number of qualified suppliers
C) Price Uncertainty
D) Capacity constraints

4. Under the auspice of developing an operating plan, very specific types of deterministic information are used. Which type of deterministic information includes the organizations seasonal elements, growth trends and market indicators?

A) Historical elements
B) Industry elements
C) Magnitude
D) Geopolitical elements

5. Supply management professionals use many different types of measurements and metrics to achieve success towards organizational goals. Which of the following is NOT a supplier performance measure?

A) Technology contribution
B) Responsiveness
C) Delivery performance
D) Workload-in

Solutions: