ARSOR 12

Which of the following services can auction administrators/market integrity specialists provide? Note: There are 3 correct answers to this question. Surrogate bid. Delete bids. Awarding events. Assist with test. Extend and reduce timing.

Which of the following is recommended when exchange rates will change before an event ends, and you need to capture. Allow pricing conditions to have duration periods for prices. Customer administrators can update/import exchange rates in the system as they change. Mandate suppliers to adjust bids upon submission through alternative responses. Project owners can create new versions of the event to update the rates and republish.

Which details are displayed in the Activities section of the Item 360 view? Note: There are 3 correct answers to this question. BOM Roll-Up. Supplier Activity. Contract Information. Sourcing Activity. PIR Activity.

Which pricing option is recommended when cost components in a line item vary by supplier and are not visible to participate. Bid transformation. Altemative responses. Total cost. Price breakdown.

Which auction types must include? Serial? for the event rule? Specify how lot bidding will begin and end"? Note: There are 2 correct answers to this question. Japanese reverse auction. Dutch reverse auction. English reverse auction. Traffic light auction.

Which of the following factors would influence the success of an auction? Note: There are 2 correct answers to this question. There are wide variations in product standards. Raw material prices for the suppliers are rising. The supply base is competitive. Participants are bidding in multiple currencies.

Which of the following activities is an RFI used for? Note: There are 2 correct answers to this question. Collect information about supplier qualifications and pricing information. Narrow the supply base by identifying which suppliers are most likely to respond. Allow suppliers to market their qualifications to project owners. Gather competitive information without revealing feedback to the supplier.

Which factors determine how rules are displayed in event templates? Note: There are 3 correct answers to this question. Conditional values from other rules. Currency rules. Event type. Conditional Sourcing Library content. Rules that are preset/hidden in a template.

What limitations do large capacity events have outside of the user interface? Note: There are 2 correct answers to this question. The system limits the bidding through Microsoft Excel only. The system limit is 2000 line items. The system limit is 125 suppliers. The system limit is 30 terms per line.

What content types can you create during a simplified Excel import for a sourcing event? Note: There are 2 correct answers to this question. Line items. Questions. Requirements. Sections.