TRUMPF: Commercial Distributors Quiz! Trivia
(186).jpg "TRUMPF: Commercial Distributors Quiz! Trivia - Quiz")
Have you ever heard of TRUMPF, and would you be able to pass this quiz? TRUMPF not only wants to keep its position as a provider of new and interesting products and services, but they also want to build upon it. TRUMPF suppliers provide items that are high quality at competitive prices. If you're going to find out about TRUMPF and its multitude of advantages, this might be the quiz for you.
Questions and Answers
- 1.
Which of the following configurations is a typical machine TRUMPF keeps on stock?
- A.
TruMark 3020 TruMark Station 5000 NEW
- B.
TruMark 6020 TruMark Station 7000
- C.
TruMark 3020 TruMark Station 1000
- D.
TruMark 5020 TruMark Station 5000 NEW
Correct Answer
A. TruMark 3020 TruMark Station 5000 NEW -
- 2.
Which of the following options cannot be retro-fitted on stock machines (TruMark Station 5000 NEW)?
- A.
Xy-table
- B.
Fume exhauster
- C.
DA150
- D.
All software options
Correct Answer
B. Fume exhausterExplanation
A fume exhauster cannot be retro-fitted on stock machines because it is not a component or accessory that can be added or installed after the machine is already built. A fume exhauster is a separate system that is typically integrated into the design and construction of the machine from the beginning. Therefore, if a stock machine does not already have a fume exhauster, it cannot be added later as a retrofit.Rate this question:
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- 3.
Which option on stock machines (TruMark Station 5000 NEW) is retro-fitted at TRUMPF?
- A.
DA150
- B.
DA65
- C.
Xy-table
- D.
Screen Segmentation
Correct Answer
C. Xy-tableExplanation
At TRUMPF, the option of retro-fitting the xy-table on stock machines (TruMark Station 5000 NEW) is available. This means that TRUMPF can add or install the xy-table to the existing stock machines, allowing them to have the capability of moving and positioning the workpiece in two dimensions (x and y axes). This retrofit option provides enhanced flexibility and precision in laser marking processes.Rate this question:
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- 4.
On a 10%, net 30 payment term when is the final invoice due (90% of the contract price)?
- A.
30 days after placing the order
- B.
30 days after warranty starts
- C.
30 days after installation
- D.
30 days after delivery
Correct Answer
D. 30 days after deliveryExplanation
The correct answer is 30 days after delivery. In a 10%, net 30 payment term, the buyer is given a discount of 10% if payment is made within 30 days of the invoice date. However, if the buyer chooses to take the full 30 days to make the payment, the full amount is due. Therefore, in this scenario, the final invoice is due 30 days after delivery.Rate this question:
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- 5.
When does part warranty start?
- A.
After installation and acceptance
- B.
After delivery
- C.
After machine has been paid in full
- D.
3 months after down payment
Correct Answer
A. After installation and acceptanceExplanation
The part warranty starts after installation and acceptance because it is only logical to provide warranty coverage once the part has been properly installed and confirmed to be in working condition. This ensures that any defects or issues that may arise after installation can be addressed and resolved under the warranty agreement. Warranty coverage starting after delivery or after the machine has been paid in full would not be appropriate as it does not take into account the actual installation and acceptance of the part. Similarly, a specific timeframe such as 3 months after down payment would not be a universally applicable start point for warranty coverage.Rate this question:
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- 6.
What is TRUMPF base rate per year for cost of money (COM)?
- A.
10%
- B.
7%
- C.
5%
- D.
5.5%
Correct Answer
B. 7%Explanation
The correct answer is 7%. This suggests that TRUMPF's base rate per year for the cost of money (COM) is 7%. This rate is likely used to calculate the interest or cost associated with borrowing money from TRUMPF.Rate this question:
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- 7.
What are standard shipping terms for domestic shipments?
- A.
FOB destination
- B.
FOB port of entry
- C.
FOB Farmington, CT
- D.
FCA Farmington, CT
Correct Answer
C. FOB Farmington, CTExplanation
The standard shipping term for domestic shipments is FOB Farmington, CT. FOB stands for "Free On Board" and indicates that the seller is responsible for the goods until they are loaded onto the carrier at the specified location, in this case, Farmington, CT. After that point, the buyer assumes responsibility for the goods. This term is commonly used in domestic shipping to determine when the transfer of ownership and risk occurs during the transportation process.Rate this question:
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- 8.
Why should sipping cost not be included in the price of machine?
- A.
Shipments directly to customer are risky
- B.
Customer has to pay for insurance anyway
- C.
It's just inconvenient
- D.
It is more expensive for the customer
Correct Answer
D. It is more expensive for the customerExplanation
Including the shipping cost in the price of the machine would make it more expensive for the customer. By keeping the shipping cost separate, the customer has the option to choose a cheaper shipping method or arrange their own shipping, thereby saving money. This allows the customer to have more control over the total cost of the purchase and make a decision based on their individual needs and preferences.Rate this question:
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- 9.
When does warranty start if the machine is not installed within 3 months after delivery?
- A.
3 months after delivery
- B.
3 months after final payment
- C.
Warranty starts right after delivery
- D.
Warranty is automatically extended by 1 year
Correct Answer
A. 3 months after deliveryExplanation
The warranty starts 3 months after delivery if the machine is not installed within that time period. This means that the customer has a grace period of 3 months to install the machine before the warranty officially begins.Rate this question:
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- 10.
How much is the additional price for a 1 year parts warranty extension?
- A.
10%
- B.
5%
- C.
7%
- D.
5.5%
Correct Answer
B. 5%Explanation
The additional price for a 1 year parts warranty extension is 5%.Rate this question:
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- 11.
What is warranty on the laser module of the TruMark 5020?
- A.
50,000 hours
- B.
1 year, after that prorated 25/50/75
- C.
2 years
- D.
1 year
Correct Answer
C. 2 yearsExplanation
The warranty on the laser module of the TruMark 5020 is 2 years.Rate this question:
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- 12.
What is the warranty on the diode pump module of the TruMark Series 3000 and 6000 lasers?
- A.
1 year, after that prorated 25/50/75
- B.
50,000 hours
- C.
1 year
- D.
2 years
Correct Answer
D. 2 yearsExplanation
The correct answer is 2 years. This means that the warranty on the diode pump module of the TruMark Series 3000 and 6000 lasers is valid for a period of 2 years. During this time, any issues or defects with the diode pump module will be covered by the warranty, and the manufacturer will provide repair or replacement services free of charge.Rate this question:
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- 13.
Assuming a scanner head on a TruMark 6020 breaks after 30 months after part warranty started and need to be replaced. The spare part price of this scanner head is $10,100 How much does it cost for the customer?
- A.
$5,050
- B.
Nothing, $0
- C.
$2,525
- D.
$10,100
Correct Answer
A. $5,050Explanation
The cost for the customer is $5,050 because the scanner head needs to be replaced after 30 months, which is within the part warranty period. Therefore, the customer does not have to pay the full price of $10,100 for the spare part. Instead, they only have to pay half of the price, which is $5,050.Rate this question:
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- 14.
Which module of a laser marking system is not covered under the 25/50/75 prorated warranty (eXchange)?
- A.
Scanner head TruMark Series 3000
- B.
Umbilical TruMark Series 6000
- C.
PC of TruMark Series 5000
- D.
Cooling unit of TruMark 6130
Correct Answer
B. Umbilical TruMark Series 6000Explanation
The correct answer is "Umbilical TruMark Series 6000". The question asks which module of a laser marking system is not covered under the prorated warranty. The given options are the scanner head, umbilical, PC, and cooling unit of different series of the TruMark laser marking system. The correct answer, the umbilical of the TruMark Series 6000, indicates that this specific module is not covered under the prorated warranty.Rate this question:
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- 15.
What is standard delivery time for factory delivery of a laser marking system?
- A.
4 weeks
- B.
8 to 10 weeks
- C.
6 to 8 weeks
- D.
1 to 2 weeks
Correct Answer
C. 6 to 8 weeksExplanation
The standard delivery time for a factory delivery of a laser marking system is typically 6 to 8 weeks. This means that it takes approximately this amount of time for the system to be manufactured, packaged, and shipped to the customer. It allows for any necessary quality control checks and ensures that the product is delivered within a reasonable timeframe.Rate this question:
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- 16.
What is the term on TRUMPF Finance offering?
- A.
48 months
- B.
36 months
- C.
12 months
- D.
24 months
Correct Answer
D. 24 monthsExplanation
TRUMPF Finance offers a term of 24 months. This means that customers who choose to finance their purchase through TRUMPF Finance will have a repayment period of 24 months. During this time, they will need to make regular payments until the full amount is paid off. This shorter term may be beneficial for those who want to pay off their purchase quickly and minimize interest payments.Rate this question:
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- 17.
Assuming the customer considers the 'promotional' financing option (0% APR). How much discount can you provide on list price?
- A.
No discounting
- B.
5%
- C.
10% commission/discount is reduced by 5%
- D.
Up to 5%
Correct Answer
A. No discountingExplanation
The correct answer is "no discounting." This means that if the customer chooses the promotional financing option with 0% APR, no discount will be provided on the list price. In other words, the customer will have to pay the full list price without any reduction in price.Rate this question:
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- 18.
What happens with warranty if the machine is transported with an air-ride truck?
- A.
Warranty is voided
- B.
Warranty is not affected
- C.
Warranty is reduced by 6 months
- D.
Warranty can only be provided after inspection of machine through TRUMPF service engineer
Correct Answer
B. Warranty is not affectedExplanation
Transporting the machine with an air-ride truck does not have any impact on the warranty. The warranty remains intact regardless of the mode of transportation.Rate this question:
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- 19.
How much is down payment with TRUMPF Financing?
- A.
4.2% (1/24)
- B.
No down payment
- C.
10%
- D.
20%
Correct Answer
C. 10%Explanation
The correct answer is 10%. This means that when using TRUMPF Financing, a down payment of 10% is required. This indicates that the individual would need to pay 10% of the total cost upfront, and the remaining 90% can be financed through TRUMPF.Rate this question:
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- 20.
With the ship term 'FOB Farmington' at what point is the risk transferred from TRUMPF to the buyer (customer or distributor)?
- A.
After the machine has been installed
- B.
When the machine is paid in full
- C.
When the machine is unloaded at customer site
- D.
When the machine in on the truck at TRUMPF Inc.
Correct Answer
D. When the machine in on the truck at TRUMPF Inc.Explanation
The correct answer is "When the machine is unloaded at customer site." This is because the term "FOB Farmington" means that the risk and responsibility for the goods transfers from the seller (TRUMPF) to the buyer (customer or distributor) once the goods are unloaded from the truck at the specified location (customer site). Therefore, the risk is transferred at the point of unloading, not when the machine is on the truck at TRUMPF Inc.Rate this question:
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- 21.
For Distributors who is in charge to arrange transportation for TRUMPF Inc. to customer?
- A.
Distributor
- B.
TRUMPF
- C.
Customer
- D.
Case-by-case base
Correct Answer
A. DistributorExplanation
The correct answer is "Distributor" because they are the ones responsible for arranging transportation for TRUMPF Inc. to the customer. As a distributor, it is their role to manage the logistics and ensure that the products are delivered to the customer in a timely and efficient manner. They act as the intermediary between TRUMPF Inc. and the customer, handling all aspects of transportation coordination.Rate this question:
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- 22.
The machine in a sales project will be ordered from within a Distributors Territory but will directly be shipped outside Territory. TRUMPF has agreed for the Distributor to move on. Who's going to issue the quotation to the Customer?
- A.
Distributor
- B.
TRUMPF
- C.
Distributor of the Territory where the machine will be shipped
- D.
Distributor, but with reduced transfer discount
Correct Answer
B. TRUMPFExplanation
TRUMPF will issue the quotation to the customer because they have agreed for the distributor to move on with the sales project.Rate this question:
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- 23.
To close and order an end user discount of 6% has to be provided. How much will be the transfer discount to the Distributor, assuming standard discount 20%?
- A.
14%
- B.
20%
- C.
17%
- D.
16%
Correct Answer
C. 17%Explanation
The transfer discount to the distributor is 17%. This can be calculated by subtracting the end user discount of 6% from the standard discount of 20%. So, 20% - 6% = 14%. However, the question asks for the transfer discount, not the final discount. To find the transfer discount, we need to subtract the result from 100%. So, 100% - 14% = 86%. Finally, to convert this into a percentage, we subtract it from 100%. Therefore, the transfer discount to the distributor is 100% - 86% = 14%.Rate this question:
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- 24.
A customer of a Distributor wants to take advantage of TRUMPF Financing? How is the distributor being compensated for this transaction?
- A.
Sorry, no compensation at all
- B.
Finders fee
- C.
Transfer discount
- D.
Sales commission
Correct Answer
D. Sales commissionExplanation
The distributor is being compensated for this transaction through sales commission. This means that the distributor will receive a percentage of the total sales amount as their compensation for facilitating the transaction and helping the customer take advantage of TRUMPF Financing.Rate this question:
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Current Version
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Mar 20, 2023Quiz Edited by
ProProfs Editorial Team -
Apr 20, 2010Quiz Created by
Trumark
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