GAQM Exam CLSSBB-001 Topic 4 Question 42 Discussion

Actual exam question for GAQM's CLSSBB-001 exam

Question #: 42
Topic #: 4

A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt's effort requiring that the average cost of an internal critical raw material component be less than or equal to $4,200 in order to stay within budget. Using a sample of 35 first article components, a Mean of the new product upgrade price of $4,060, and a Standard Deviation of $98 was estimated. In order to increase the Long Term Z value to 4, what is the maximum long term variation in pricing the Belt can accept for his upgraded critical raw material component?

A$20

B$35

C$70

D$110

Show Suggested Answer

Suggested Answer: C

by Jess at Mar 21, 2024, 03:41 AM

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Mitzie

3 days ago

Hmm, this question is a tricky one. I'll need to carefully consider the given information about the mean, standard deviation, and the target long-term Z value to determine the maximum acceptable variation.

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