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Updated : 07-Sep-2024
QA : 167 Answers With In-Depth Explanation

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INTE Question and answers Include

Total Questions: 167 Q&A's

Single Choice: 167 Q&A's

ISM INTE Exam Dumps - Valid Questions Answers

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INTE Questions and Answers

Question # 1

A supply manager receives four bids for a special piece of equipment. The equipment is large and does not fit into a normal sea container. The bids are as follows:

Supplier 1Supplier 2Supplier 3Supplier 4

Bid$2,110,000$2,105,000$2,110,000$2,115,000

IncotermsÂ® 2020 RuleGIFDPUFCAFAS

The costs of transportation, included within each bid price, are as follows:

Responsibility for Payment to CarrierTransfer of Risk to BuyerCost of Transportation

Supplier, before goods are loaded onto vessel: purchaser thereafterAlongside vessel nominated by purchaser$50,000

Supplier to named port of destination: purchaser thereafterOnce goods have been loaded onto the vessel$55,000

Supplier to named place of destination once unloaded: purchaser thereafterOnce goods have been unloaded at named place of destination540,000

PurchaserWhere goods are loaded onto the collecting vehicle$30,000

The supply manager has taken account the firm's risk profile and wishes to use FCA for its IncotermsÂ® 2020 rules. Adjusting the pricing in the tenders to reflect this, which supplier should be awarded the contract (based on the lowest price)?

Supplier 4

Supplier 2

Supplier 1

Supplier 3

Question # 2

A company is expanding its production capability. A project manager is assigned to bring a team of stakeholders together to conduct an analysis of the situation and develop a plan. During the analysis, the project manager gains an understanding of what resources stakeholders are willing to commit, the stakeholders' expectations, and what the stakeholders have to gain from the project. This analysis is MOST likely to identify which of the following?

Potential conflicts that could impede the project's success

Additional resources that will be needed to finalize the project

How much time there is to complete the project

The roles and responsibilities of each stakeholder in the project

Question # 3

A company logistics manager is informed that, because of an emergency, part of the firm's ocean-going cargo had to be thrown overboard. The losses are to be split 50/50 between the shipper and the freight company. Which of the following pertains MOST closely to this issue?

IncotermsÂ® 2020 rules

Maritime law

Reverse logistics

International law

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