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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What is the annual cost for Car C for the service life of the vehicle?

A) $216,000
B) $198,000
C) $36,000
D) $18,000

2. Which of the following are effective ways to create a good team-building atmosphere in the Creativity Phase?
Choose 2 answers.

A) Limit each team member to five ideas
B) Defer judgment of ideas to the Evaluation Phase
C) Encourage all team members to participate
D) Be selective recording ideas

3. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installation cost, including pad = $30 / square meter
Service life = 10 years
Maintenance cost: vacuum weekly = $500 / month
Maintenance cost: shampoo once per year = $3,000 / shampoo
Vinyl
Installation cost, including pad = $10 / square meter
Service life = 15 years
Maintenance cost: vacuum weekly = $400 / month
Maintenance cost: strip and wax once per month = $1,000 / strip and wax What is the initial cost of the carpet ?

A) $30,000
B) $36,000
C) $33,000
D) $32,500

4. Which of the following are important to the success of the Presentation Phase?
Choose 3 answers.

A) Timing of the VM results presentation
B) Level of development of the VM proposal write-ups
C) Presenting each idea developed
D) Having the right individuals available to participate
E) Tailoring the material presented based on participants

5. What are effective approaches used by the VM facilitator during the Evaluation Phase?
Choose 2 answers.

A) Recognize when the group is off-topic and redirect them.
B) Select a single evaluation technique to be used for the process.
C) Establish a clear context for the session.
D) Avoid discussion of additional or modified ideas.

Solutions: