VIP Exclusive
CPSM VIP Certification Practice Exam II
CPSM — The CPSM (Certified Professional in Supply Management) is administered by ISM (Institute for Supply Management) as three separate exams — Foundations of Supply Management, Effective Supply Management Performance, and Leadership in Supply Management — each consisting of 165 questions (150 scored + 15 unscored pretest) with a 3.5-hour time limit and a scaled passing score of approximately 350/500 (~70%).
53
Questions
210m
Time Limit
70.00%
To Pass
Question 1 of 53👑 VIP
A supply manager at a mid-sized manufacturer is evaluating two suppliers for a critical electronic component. Supplier A offers a unit price of $48 with a 2% defect rate and $12 per unit rework cost. Supplier B offers a unit price of $52 with a 0.3% defect rate and the same $12 rework cost. Annual volume is 50,000 units. Which supplier offers the lower total cost of ownership, and by how much?
Questions 2–53 and full explanations are VIP-exclusive.