RATED A+ 2025/2026 UPDATED 100% VERIFIED
CORRECT
Market - CORRECT ANSWERS A buyer wants to spot buy propane. Which analysis process
should be used to determine when to buy?
a. Demand
b. Supply
c. Performance
d. Market
Mean Absolute Devia&on - CORRECT ANSWERS Forecasts are never completely accurate.
Which calcula&on demonstrates the degree of accuracy?
a. Weighted moving average
b. Absolute value of errors
c. Mean Absolute Devia&on
d. Economic Order Quan&ty
Developing alternate procurement opera&ons loca&ons - CORRECT ANSWERS An en&ty
located on the Gulf of Mexico is developing their con&nuity of opera&ons plan. Which of the
following is most important for the Procurement Services Department to consider?
a. Assembly of emergency ra&ons, including potable water, for use in the EOC
b. Determining the GPS coordinates for all of the County warehouses
c. Developing an emergency purchasing card program
d. Developing alternate procurement opera&ons loca&ons
, Emergency Opera&ons Plan - CORRECT ANSWERS In order for the en&ty Procurement Services'
Con&nuity of Opera&ons Plan (COOP) to be effec&ve, it must be in accordance with which of the
following?
a. The en&ty Procurement Procedures
b. The en&ty Emergency Support Func&onal Plan
c. The en&ty Emergency Opera&ons Plan
d. The en&ty Manager's Emergency Direc&ve
Dra2 a mission statement - CORRECT ANSWERS The strategic planning team has iden&fied its
stakeholders and conducted a SWOT analysis. What is its next step in crea&ng a strategic plan?
a. Establish performance measures
b. Dra2 a mission statement
c. Iden&fy strategies to achieve goals and objec&ves
d. Monitor progress and gather data
Supply posi&oning - CORRECT ANSWERS An en&ty is planning to allocate staff based on the
&me and effort required for its various procurements. Which analysis approach will support this
strategy?
a. The Pareto principle
b. Inventory forecas&ng
c. Projec&ng expenditures
d. Supply posi&oning
Weighted moving average - CORRECT ANSWERS A school district wants to determine how
many reams of printer paper to carry in inventory. Accurate monthly records of paper purchases
exist for the past 108 months. Which forecas&ng method should be used for the school district?
a. Fixed period
b. Weighted moving average
,c. Moving average
d. Trend es&ma&on
Realis&c - CORRECT ANSWERS The plan describes an objec&ve in detail, specifies the outcome,
when it should be finished and who is responsible. Which objec&ve a9ribute is missing?
a. Realis&c
b. Assignable
c. Measurable
d. Time-related
Cost/benefit analysis - CORRECT ANSWERS The en&ty is trying to determine whether to use
solar generated ligh&ng or go with LED ligh&ng for the outdoor ligh&ng in its new central
services building. What tool should be used to advise this decision?
a. Cost analysis
b. Value analysis
c. Spend analysis
d. Cost/benefit analysis
Economic order quan&ty - CORRECT ANSWERS What calcula&on Is used to determine the most
cost effec&ve quan&ty of an Item to keep In stock?
a. Inventory carrying cost
b. Economic order quan&ty
c. Acquisi&on cost per order
d. Average inventory value
Obsolete - CORRECT ANSWERS The en&ty is replacing its computer equipment due to new
technology. The equipment to be replaced is four years old. While it s&ll has a useful life, new
, upgrades to current programs cannot run on the current computers. Which term best describes
this equipment?
a. Fully depreciated
b. Surplus
c. Obsolete
d. Disposable
Expedite - CORRECT ANSWERS Procurement has received word that the en&ty needs an item
much sooner than thought. The order has already been placed. What ac&on should be taken?
a. Expedite
b. Follow-up
c. Reorder
d. Improved rou&ng
Contrac&ng for just-in-&me delivery - CORRECT ANSWERS If the procurement department
wanted to reduce inventory costs, it would be best for them to consider which of the following
op&ons?
a. Reducing inventory and giving less service/support to the end user
b. Having the end user procure the goods
c. Wai&ng un&l the need arises, order the goods and wait un&l they arrive
d. Contrac&ng for just-in-&me delivery
High usage low value items - CORRECT ANSWERS Which of the following best describes the
"C" classifica&on of ABC valued inventory items?
a. Capital equipment
b. Important items for organiza&on opera&on
c. High usage low value items