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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. Developing the strategic supply management plan establishes the supply architecture for the organization.
Which of the following is NOT one of the components the plan ensures alignment of?

A) Resources required
B) Basic costs
C) Strategic planning components
D) Supply base

2. A cost modeling technique where price is projected by estimating the dollar value of each component is what?

A) Would-cost analysis modeling technique.
B) Benchmarking analysis modeling technique.
C) Should-cost analysis modeling technique.
D) Past cost analysis modeling technique.

3. Several key statistics are used to evaluate the accuracy of a prediction using regression analysis. Which type of regression analysis descriptor BEST fits R2?

A) Compares the estimated and actual values of the Y dependent variable ranging from a value of 0 to 1.
B) Represents a decreasing index of the reliability of the calculated result. It proves the 95% confidence level.
C) Measures the standard deviation of variation of the observed value from the predictive value and determines error.
D) Test for the accuracy of the regression equation. It represents the significance level at which the user would reject the regression as inaccurate.

4. The temporary import certificate/ATA CARNET facilitates temporary importation and does what?

A) Advanced Transfer Authority.
B) Facilitates CARNET document allowing the importation of certain goods to countries without paying customs duty.
C) Eliminates tariffs and value added taxes
D) Advances the computer assisted receipt network export tracking.

5. During business forecasting and review of the product life cycle profit margins can be constrained during the maturity stage due to?

A) Heightened competition, declining prices, and slow market growth.
B) Wage losses and production reduction.
C) Reduced consumption and higher labor rates.
D) Increased raw material costs and higher overhead.

Solutions: