Certified in Planning and Inventory Management (CPIM 8.0)
Last Update Sep 13, 2024
Total Questions : 150
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Long lead-time items with stable demand would best be supported by a supply chain:
A company with stable demand that uses exponential smoothing to forecast demand would typically use a:
Improvements in an Input/output control (I/O control) system will most likely lead to:
A manufacturer has a forecasted annual demand of 1,000,000 units for a new product. They have to choose 1 of 4 new pieces of equipment to produce this product. Assume that revenue will be $10 per unit for all 4 options.
Which machine will maximize their profit if the manufacturer anticipates market demand will be steady for 3 years and there is no residual value for any of the equipment choices?
MachineFixed CostVariable Cost per UnitAnnual Capacity
AS100.000$6 00800,000 units
B$200,000$5 501.000,000 units
C$250,000$5 001,200,000 units
D$1 000.000$4 501 400.000 units
Which of the following techniques would a group use to prioritize problems?
For a process that is outside its upper control limit (UCL), which of the following techniques would best be used to return the process under control?
When the discrete available-to-promise (ATP) method is used, the master production receipt quantity is committed to:
In choosing suppliers, a company wishes to maintain maximum leverage to reduce costs. Which of the following supply chain strategies would provide this opportunity?
Which of the following statements characterizes a pull system In distribution management?
What is the main negative effect of changing the due dates of open orders?
For a company that uses first in, first out (FIFO) inventory accounting, the actual use in production of a recently arrived shipment of more expensive components rather than lower-cost components
previously received will have which of the following results?
Under which of the following conditions is excess capacity most likely a good substitute for safety stock?
In which of the following phases of the product life cycle is product price most effective in influencing demand?
In a rapidly changing business environment, a primary advantage of an effective customer relationship management (CRM) program is:
A work center has 3 machines that are all run at the same time with a single worker. The work center has an efficiency of 75% and a utilization of 100%. What is the work center's capacity in standard hours for an 8-hour shift?
In Company XYZ, transaction-costing capability has been Integrated into the shop floor reporting system. A batch of 20 units was started in production. At the fourth operation, 20 units are reported as complete. At the fifth operation, 25 units are reported as complete. When all operations are complete, 20 units are checked into the stockroom. If the error at the fifth operation is undetected, which of the following conditions will be true?
During the sales and operations planning (S&OP) process, which of the following tasks is the primary responsibility of the functional representatives on the supply planning team?
In a make-to-stock (MTS) environment, the master production schedule (MPS) Is usually a schedule of which of the following types of items?
Which of the following inventory management techniques is most responsive to changes in demand levels?
It takes an average of 3 hours to set up a model and 1 hour to run, but depending on the complexity of the models, the setup time can be significantly different. Last week. 2 modelers were working on different projects. Each worked 40 hours. One modeler finished 5 models a day, and the other finished 1 model a day. What was the demonstrated capacity last week?
Which of the following methods places a replenishment order when the quantity on hand falls below a predetermined level?
In a lean environment, the batch-size decision for planning "A" items would be done by:
Substituting capital equipment in place of direct labor can be economically Justified for which of the following scenarios?
Components of an organization's Immediate industry and competitive environment Include:
In the design and development of a manufacturing process, process engineers would most likely be responsible for decisions relating to:
A planner has chosen to increase the order point for a raw material. Which of the following costs is most likely to increase?
How would a master production schedule (MPS) be used In an assemble-to-order (ATO) manufacturing environment?
Labor3 people
Work hours10 hours per day
Days4 days per week
Meetings with work area employees1/2 hour per day
Work area efficiency85%
Given the information above, what is the weekly theoretical capacity of this work area in hours?
Which of the following circumstances would cause a move from acceptance sampling to 100% inspection?
Which of the following situations is most likely to occur when using a push system?
Which of the following capacity planning methods uses the master production schedule (MPS) as its primary input?
Increased use of third-party logistics (3PL) services is likely to have which of the following effects on a firm's balance sheet?
Which of the following planning modules considers the shortest-range planning goals?
Which of the following prioritization rules will have the greatest impact In reducing the number of orders In queue?
Marketing has requested a significant change in the mix for a product family. The requested change falls between the demand and the planning time fences. The most appropriate action by the master scheduler is to:
The costs provided in the table below are associated with buying a quantity larger than immediately needed. What Is the total landed cost based on this table?
Cost CategoryCost
Custom fees$125
Freight$700
Warehouse rent$200
Matenal cost$500
TESTED 13 Sep 2024
