Procurement Analyst
A procurement Analyst is a professional responsible for sourcing, evaluating, and purchasing the goods, services, and materials an organization needs to operate while managing supplier relationships and controlling costs
Quiz Questions
Q370: An interim payment of 64,000 is certified and 10% retention is deducted. What amount is paid now?
6,400
64,000
57,600
70,400
63,990
Q371: Annual demand is 3,600 units, ordering cost is 100 per order, and holding cost is 8 per unit per year. What is the EOQ (to the nearest whole unit)?
300 units
600 units
150 units
212.13 units
424.26 units
Q372: A tender requires a bid security of 2% of the estimated value of 95,000. What is the amount of the security?
2,090
2,413
2,736
1,900
3,059
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