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NEW QUESTION: 1
It is important that the supply management professional works closely with internal departments. The marketing department may spend a great deal of advertising and promotion on products. It is the supply management professionals' responsibility to do what?
A. Ensure that pricing is competitive and the service level agreements are being met.
B. Ensure customer requirements are met.
C. Ensure that the lowest cost is achieved.
D. Ensure the organizational goals are achieved.
Answer: A
Explanation:
It is important that the supply management professional works closely with internal departments. The marketing department may spend a great deal of advertising and promotion on products. It is the supply management professionals' responsibility to ensure that pricing is competitive and the service level agreements are being met. The remaining are incorrect: Ensure the organizational goals are achieved. Ensure that the lowest cost is achieved. And, ensure customer requirements are met.
NEW QUESTION: 2
Which setting is used to specify that a process instance loaded into memory must remain there until it completes?
A. Activation Limit
B. Max Jobs
C. Thread Count
D. Step Count
E. Flow Limit
Answer: A
NEW QUESTION: 3
You are trying to determine whether or not to conduct 100% final system tests of 500 ground-based radar units at the factory. The historical radar field failure rate is 4%; the cost to test each unit in the factory is
$10,000; the cost to reassemble each passed unit after the factory test is $2,000; the cost to repair and reassemble each failed unit after factory test is $23,000; and the cost to repair and reinstall each failed unit in the field is $350,000. Using decision tree analysis, what is the expected value if you decide to conduct these tests?
A. $7 million
B. $6.42 million
C. $5.5 million
D. $5.96 million
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Test: $5M + $960K + $460K = $6.42M; Don't Test: $7M.
