VIP Exclusive
CPSM VIP Certification Practice Exam
CPSM — The CPSM (Certified Professional in Supply Management) is issued by the Institute for Supply Management (ISM) and consists of three separate computer-based exams, each with 165 questions (150 scored + 15 unscored pretest items) and a 3.5-hour time limit, covering Foundation of Supply Management, Effective Supply Management Performance, and Leadership in Supply Management.
30
Questions
210m
Time Limit
70.00%
To Pass
Question 1 of 30👑 VIP
A supply management professional at a mid-size manufacturer is evaluating two potential suppliers for a critical electronic component. Supplier A offers a unit price of $42 with a 98% on-time delivery rate and ISO 9001 certification. Supplier B offers a unit price of $38 but has a 91% on-time delivery rate and no third-party quality certification. Annual volume is 50,000 units, and each late delivery costs approximately $2,000 in production downtime. Which evaluation approach best reflects total cost of ownership (TCO) analysis?
Questions 2–30 and full explanations are VIP-exclusive.