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ISM Exam INTE Topic 3 Question 20 Discussion

Actual exam question for ISM's INTE exam
Question #: 20
Topic #: 3
[All INTE Questions]

A company develops long range material forecasts, analyzes industry trends, determines commodities for value analysis, and assesses supplier capabilities to assure continual economic supply of goods and services. This company is engaged in

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Suggested Answer: C

Parts that were used for maintenance of equipment sold in the previous year but cannot be used on current equipment are best described as obsolete. Obsolete inventory refers to items that are no longer usable or saleable due to advancements in technology or changes in market demand. These parts should be identified and removed from active inventory to free up space and reduce carrying costs. Reference:

* Heizer, J., Render, B., & Munson, C. (2017). Operations Management: Sustainability and Supply Chain Management. Pearson.

* Chopra, S., & Meindl, P. (2015). Supply Chain Management: Strategy, Planning, and Op-eration. Pearson.


by Ronny at Jan 12, 2025, 11:49 AM

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Fernanda
15 days ago
If this company's forecasts are as long-range as the material they're procuring, they must be using a crystal ball or a time machine!
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Kathrine
19 days ago
Haha, inventory control? Really? Option D is just way off the mark. This company is clearly focusing on strategic supply chain management, not just inventory.
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Bernardo
25 days ago
This is a tough one, but I think Option A is the best answer. Supply chain mapping is the core activity described in the question.
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Nida
8 days ago
I agree, supply chain mapping is crucial for ensuring a steady supply of goods and services.
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Loren
26 days ago
I'm leaning towards Option C. Early supplier involvement is crucial for the company to assess supplier capabilities and assure economic supply.
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Titus
28 days ago
Option B seems to be the most accurate. The company is gathering market intelligence to ensure a continuous supply of goods and services.
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Rashida
12 days ago
I agree, market intelligence is crucial for ensuring a continuous supply of goods and services.
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Cherry
30 days ago
I agree with Candida, it's definitely early supplier involvement.
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Candida
1 months ago
I believe it's early supplier involvement because they assess supplier capabilities.
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Jesusita
1 months ago
I think the company is engaged in market intelligence.
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