APICS Certified in Planning and Inventory Management(Part 2) - CPIM-Part-2

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APICS CPIM-Part-2 Exam Syllabus Topics:

APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:

1. Which of the following is the fundamental difference between finite loading and other capacity planning approaches?

A) It considers adjustments to plans based on planned capacity utilization.
B) It is only managed by shop floor supervisors.
C) It can use historical information to drive decision-making processes.
D) It is highly dependent on advanced computer software to function effectively.

2. A balanced scorecard is a performance measurement approach that involves:

A) linking financial and non-financial performance measures to organizational goals.
B) obtaining external industry performance measures against the company's key performance indicators (KPIs).
C) assigning profit responsibility to key managers.
D) balancing supply and demand.

3. The results from responding to uncertainty in the supply chain by exaggerating lead times and increasing lot sizes is called:

A) forward integration.
B) process train.
C) bullwhip effect.
D) supply and demand.

4. Work Center 1 has an available capacity of 1,200 hours per month. Which of the following amounts represents thecumulative differencebetweenthe required capacity and the available capacity of Months 1 through 37

A) 50
B) 3,750
C) 1,250
D) 150

5. Rivalry among competing sellers is generally weaker when:

A) the number of rivals increases, and rivals are of roughly equal size and competitive capability.
B) buyer demand is growing rapidly.
C) the products of rival sellers are commodities.
D) buyer costs to switch brands are low.

Solutions: