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
Q175: Annual demand is 6,000 units, ordering cost is 60 per order, and holding cost is 8 per unit per year. What is the EOQ (to the nearest whole unit)?
600 units
150 units
300 units
212.13 units
20 units
Q176: A base price of 800 is linked to an index that moved from 100 to 95. What is the adjusted price?
760
842.11
895
840
836
Q177: Which procurement term best matches this description: payment made before goods or services are delivered?
Return on investment (ROI)
Material breach
Novation
Prepayment
Supplier audit
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