Market - ANSWER A buyer wants to spot buy propane. Which analysis process
should be used to determine when to buy?
a. Demand
b. Supply
c. Performance
d. Market
Mean Absolute Deviation - ANSWER Forecasts are never completely accurate.
Which calculation demonstrates the degree of accuracy?
a. Weighted moving average
b. Absolute value of errors
c. Mean Absolute Deviation
d. Economic Order Quantity
Developing alternate procurement operations locations - ANSWER An entity
located on the Gulf of Mexico is developing their continuity of operations plan.
Which of the following is most important for the Procurement Services
Department to consider?
a. Assembly of emergency rations, including potable water, for use in the EOC
b. Determining the GPS coordinates for all of the County warehouses
c. Developing an emergency purchasing card program
d. Developing alternate procurement operations locations
Emergency Operations Plan - ANSWER In order for the entity Procurement
Services' Continuity of Operations Plan (COOP) to be effective, it must be in
accordance with which of the following?
a. The entity Procurement Procedures
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