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

Q475: A supplier quotes 850 EUR. At the stated rate of 1 EUR = 1,650 RWF, what is the price in RWF?

1,654,950 RWF

1,542,750 RWF

1,402,500 RWF

1,781,175 RWF

2,019,600 RWF

Q476: A budget is 900,000; 330,000 has been spent and 210,000 is committed on open purchase orders. How much budget remains available for new commitments?

360,000

570,000

690,000

900,000

1,020,000

Q477: Annual demand is 4,800 units, ordering cost is 50 per order, and holding cost is 3 per unit per year. What is the EOQ (to the nearest whole unit)?

800 units

200 units

282.84 units

400 units

565.69 units