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Last Updated: May 28, 2026
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1. Costs associated with having inventory available are called?
A) Nontransferable costs of the supply management operations.
B) Holding costs of the supply management operations.
C) Carrying costs of the supply management operations.
D) Overhead costs of the supply management operations.
2. In regression analysis the measure in which one measure increases and the other decreases is what?
A) Synergistic
B) Negative
C) Neutral
D) Positive
3. In order to ensure the optimal use of capacity and resources the supply management professional relies on scheduling processes. Which scheduling process is considered to be the most basic and one in which products are made based on daily customer demand?
A) Flow manufacturing scheduling process.
B) Shared visibility into inventory scheduling process.
C) Level scheduling process.
D) Package optimization scheduling process.
4. Which of the following examples is the BEST example of a before the fact control?
A) Reviewing an audit.
B) Performing an annual inventory.
C) Ordering 500 gallons of oil.
D) Forecasting the annual budget for the upcoming year.
5. A planned or unplanned break in negotiations providing the team an opportunity to discuss it's strategy is called a?
A) Hiatus in negotiations
B) Caucus in negotiations
C) Negotiation break
D) Negotiation hold
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |
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