CPSM Dumps CPSM Braindumps CPSM Real Questions CPSM Practice Test CPSM Actual Questions ISM CPSM Certified Professional in Supply Management (CPSM)(Foundation) https://killexams.com/pass4sure/exam-detail/CPSM QUESTION: 113 A one-way system with incoming goods flowing to the left of the entry and into one of three storage areas, depending on usage is the: the warehouse . A Inverted T B. Cross-flow warehouse C. Inverted U warehouse D. Through-flow warehouse Answer: B QUESTION: 114 A pick module is a type of mechanized system used to: . A to pick both bulk items and single items B. to pick only bulk items C. to pick only single items D. None of the above Answer: A QUESTION: 115 A valid concept of connectedness that allows an organization to maintain a high level of system is the: confidence in its distribution . A Commodity warehouse B. Allocation warehouse C. Virtual warehouse D. Implicit warehouse Answer: C QUESTION: 116 What includes all activities that occur after a product is finished, including distribution selection, product order response and the return of goods? A. Operational management B. Logistics management C. Core management D. Practical management 31 Answer: B QUESTION: 117 Independent organizations that design and manage some or all of an organization’s l og istical een d s are known :as . A Third-party logistics B. Freight forward logistics C. Maintenance logistics D. Global logistics Answer: A QUESTION: 118 Third parties who act as intermediaries between buyer and seller are known as: . A Dealer B. Brokers C. Negotiator D. Agent Answer: B QUESTION: 119 Who retain experts in global shipping to assist smaller organizations that do not have the necessary experience or expertise? . A Global trade fleet B. Global third parties C. Foreign freight forwarders D. Global shipping and inspections Answer: C QUESTION: 120 Which of the following is NOT the group of International Commercial Terms? . A Group E B. Group F C. Group C D. Group K 32 Answer: D QUESTION: 121 Terms where the seller is responsible for delivering the goods to a carrier named by the buyer is the: . A Group E B. Group F C. Group C D. Group K Answer: B QUESTION: 122 The supply management professional may use which mean to resolve the logical conflicts? . A Litigation B. Negotiation C. Acceptance D. All of the above Answer: D QUESTION: 123 When both parties end a negotiation feeling content with what they have bargained, this is referred to as: . A Procurement scheme B. win-win proposition C. Superior intention D. Disputed proposal Answer: B QUESTION: 124 Organizations that perform freight auditing are called: . A Traffic consultants B. Auditing consultants 33 C. Transportation consultants D. Service consultants Answer: A QUESTION: 125 Which of the following is the area of concern to logistics? . A Inventory B. Transportation C. Customer service D. All of the above Answer: D QUESTION: 126 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 proceeds B. Inventory turnover C. Inventory yield D. Inventory return Answer: B QUESTION: 127 The costs of logistics services should be determined; these costs plus an added value or markup becomes the: . A Transfer price B. Productivity cost C. Operational price D. Professional supply cost Answer: A QUESTION: 128 A scoreboard is simply a form of performance measurement and management that records the ratings from a performance evaluation process. 34 . A True B. 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