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ISM CPSM Bridge Sample Questions:

1. If a supply management professional was attempting to forecast operations and they wanted to look at a specific portion of a supply population they would use which forecasting model.

A) The judgment sampling method.
B) Box-Jenkins model
C) Least squares/regression model
D) Future sales based on past sales

2. If a supply management professional were developing a forecast. What two sets of information are the basis for their creation?

A) Planned and orchestrated
B) Deterministic and probabilistic
C) Future and current
D) Determined and planned

3. The six sigma DMAIC model includes five stages to the methodology which include Defining project deliverables, measuring processes to determine performance, analyzing root causes , improving the process and what?

A) Controlling the process costs.
B) Containing risks involved in future performance.
C) Continuing with the analyzing phase.
D) Controlling the future process performance.

4. Your role as the supply management professional during the growth phase of the product life cycle is to?

A) Reduce costs and manage inventory constraints.
B) Pursue total process improvement (TPI).
C) To reduce product lead times, ensure adequate supply, and continually reduce lead times.
D) Balance the chances of product failure with the need for adequate materials to be available if a product succeeds.

5. As the supply management professional executes strategic sourcing plans and is performing a market analysis and risk benefit analysis, using the risk benefit quadrant formula a factor which is TACTICAL would have which level of risk and benefit?

A) High risk, high benefit
B) Low risk, low benefit
C) High risk, low benefit
D) Low risk, high benefit

Solutions: