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ISM CPSM Bridge Sample Questions:

1. The supply management professionals strategy for the maturity stage is to?

A) Reduce cost of labor.
B) Reduce the cost of goods.
C) Reduce the cost of production
D) Reduce the cost of transportation.

2. Which "item characteristic" includes risk associated with initial use of an item or new application carries greater risk than using an existing product?

A) Availability of supply
B) Global sourcing
C) Product application
D) Cost

3. If the supply management professional was developing information for a forecasting model in which they developed a consensus on matching requirements and capabilities to most effectively meet customer requirements within constraints imposed by the supply chain capabilities. They are in effect developing what?

A) Production strategy for the organization.
B) Future supply needs of the organization.
C) The demand management of the organization.
D) Usage modeling for the organization.

4. Which "supplier characteristic" includes a supplier who has fixed costs preventing them from further price reductions?

A) Inventory management
B) Product application
C) Quality problems
D) Inability to reduce costs

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

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

Solutions: