Purchases specification - Study guides, Class notes & Summaries

SCMN 2150- test #2 Questions & Answers 3 main steps of supply chain. - ANS-1. supply chain 2. strategic sourcing 3. procurement goal of supply management. - ANS-buy products and services; at the right price; from the right source; at the right specification; in the right quantity; for delivery at the right time; to the right internal customer importance of supply management. - ANS-ability to generate a sustainable advantage through lower costs, higher quality, and better service from our...

CIPS - L4M3 Commercial Contracting - CHAPTER 1Difference between Estimate, Quote and Tender (1.1, p. 2) - correct answer Estimate = has no legal standing, simply a 'best guess' by the supplier. *NOT a firm offer*. should be avoided within a commercial contract Tender / Quotation = *both are firm offers* to do something at a quoted rate or price. Tenders are more comprehensive / detailed. Quotation (1.1, p.3) - correct answer - normally used when the only variable is price - T/Cs are of...

CPPO EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. • Three types of final audit reports: - -- Intradepartmental reports - designed to inform the management concerning departmental matters - Interdepartmental reports - given to other departments on a "need-to-know" basis - Higher management reports - issued to senior management and other key personnel 1984- Competition in Contracting Act - -• Federal procurements • Increase full & fair competition • Reduce number of ...

Acquisition or disposition of Real Property Central Register? - Notice Advertising Requirements for Real Property MGL c38B, s16 (d) - - Central register submission April 11 -Earliest Central Register publication April 19 -Central Register date (30 days) April 24 -One week more (newspaper) May 9 -8 days prior (newspaper) May 16 -Bud submission date May 24 Advertising the IFB must include? - -state where, when and for how long the IFB may be obtained -Describe the supply or service needed...

FUNERAL HOME MANAGEMENT FINAL STUDY GUIDE (FSE 2202). EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ *Intangible* assets - --Funeral home name -Goodwill -Covenant-not-to-compete -Copyrights -Trademarks -Patents *Tangible* assets - --Cash or bank accounts -Accounts receivable (money owed by customers) -Inventories (items purchased for resale) -Prepaid Expenses -Land -Machinery and Equipment -Buildings A business organization that is recognized by the law as having a separate legal...

WGU C215 Study Guide – FINAL with correct answers 2023 (New Questions) Total Quality Management (TQM) Philosophy - correct answer 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - correct answer Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of...

QPA EXAM - NJ STATE - RUTGERS - 2020The formal organization of purchasing in NJ Municipalities was created by the laws of? - correct answer 1917 what type of contract is most common? - correct answer firm fixed pricing When is an emergency purchase acceptable? - correct answer Affecting publics health, safety & welfare what is a requisition? - correct answer the start of a P.O- dept. requesting item What is the purpose of having a purchasing manual? - correct answer to have guideline...

CON 237 Simplified Acquisition Procedures Exam Questions and Answers 100% Pass You have a requirement to buy a large commercially available, prefabricated wash rack for your installation. The catalog price is $102,000. Simplified acquisition procedures can be used The Director of training for the installation has a request to purchase 25 televisions and 25 DVD recorders for the new training facility that will open next month. Each television will cost approximately $525, and each DVD recorder ...

CCSP - Certified Cloud Security Professional Exam Questions and Answers 100% Pass Anything-as-a-Service - Answer- Anything-as-a-service, or "XaaS," refers to the growing diversity of services available over the Internet via cloud computing as opposed to being provided locally, or on premises. Apache CloudStack - Answer- An open source cloud computing and Infrastructure as a Service (IaaS) platform developed to help Infrastructure as a Service make creating, deploying, and managing cloud...

a computer program that copies itself an infects and disrupts the operation of other computers without the users knowledge - virus a computer program that performs work not related to the computer - application a computer that controls the flow of information along a network - server a configuration of computers that enables users to share data' programs, and devices such as printers - network a high performance computer used for large volume computing purposes that service numerous comp...