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NEW QUESTION 34
Which Incoterm ® applies only to ocean transportation where the exporter is responsible to bring the goods to the port?

• A. Ex works (EXW)
• B. Free on board (FOB)
• C. Delivered at place (DAP)
• D. Free alongside ship (FAS)

Answer: D

NEW QUESTION 35

A company has prioritized A, B, and C, filling orders in that sequence. What are the impact to customer service levels for customers B and C?

• A. Customer B and C have the same service level
• B. 100% service levels for B and C
• C. Customer B has higher service level
• D. Customer C has higher service level

Answer: C

NEW QUESTION 36
Procurement professional are focused on the total cost of ownership (TCO) in their vendor selection strategies. This implies that:

• A. there is increased emphasis on procuring at the lowest purchase price possible.
• B. there is increased consideration of trade-offs among purchase price, quality, and vendor capability.
• C. procurement is now increasingly charged with pushing back inventory to vendors.
• D. procurement is decreasing its emphasis on the importance of vendor certification and audit programs.

Answer: D

NEW QUESTION 37
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