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The CPIM certification is widely recognized by employers in the supply chain management field. Many employers require their employees to have this certification, as it demonstrates a commitment to the field and a level of expertise that is highly valued. Additionally, many professionals who hold the CPIM certification report increased job satisfaction, as they are able to apply their knowledge to real-world scenarios and make meaningful contributions to their organizations.
NEW QUESTION # 340
Production planning problem typically has the following characteristics EXCEPT:
- A. Demand is rarely fluctuating
- B. Plant and equipment are fixed within the time horizon
- C. A time horizon of 12 months is used, with periodic updating perhaps every month or quarter
- D. Production demand consists of one or a few product families or common units
Answer: A
NEW QUESTION # 341
Manufacturing process can be conveniently organized into following categories EXCEPT:
- A. Intermittent Manufacturing
- B. Work Center Manufacturing
- C. Project Manufacturing
- D. Flow Manufacturing
Answer: B
NEW QUESTION # 342
A schedule (priority plan) that establishes to show the components required at each level of the assembly and based on lead time, calculates the time when these component will be needed called:
- A. B & C
- B. Material Requirements Planning
- C. Master Production Schedule
- D. Inventory control Planning
Answer: B
NEW QUESTION # 343
Raw materials are recorded into work-in-process, when work is completed and becomes finished goods; the work-in-process inventory is relieved by multiplying the number of units completed by the number of parts in the bill of material, in which system?
- A. post-deduct system
- B. demand pattern system
- C. leveling system
- D. Work-in-progress system
Answer: A
NEW QUESTION # 344
Economic regulation has centered on which of the following areas?
- A. All of the above
- B. Regulations of rates
- C. Control of market entry and exit
- D. Control of routes and service levels
Answer: A
NEW QUESTION # 345
When a calculation is made to find out how many are needed, the quantities available must be considered in:
- A. Maintaining the bills of material structures
- B. Inventory records
- C. Linkage between manufacturing planning and control system
- D. Both A & C
Answer: B
NEW QUESTION # 346
Which of the following is NOT the class of activity?
- A. Environment
- B. Storage
- C. Operation
- D. Inspection
Answer: A
NEW QUESTION # 347
Which of the following situation that will leads or generates Exception messages?
- A. All of the above
- B. Open orders for which the timing or quantity of scheduled receipts does not satisfy the plan.
- C. Components for which planned orders are in the action bucket and which should be considered for release
- D. Situations in which the standard lead times will result in late delivery of a Zero-level part
Answer: A
NEW QUESTION # 348
What is the updated forecast, utilizing exponential smoothing, given the following data?
Old Forecast = 100, actual demand = 80, alpha = 0.2, tracking signal = 0.9
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION # 349
to the marketplace depends on being able to provide shorter lead times and better due date performance.
- A. Productivity
- B. Equivalence
- C. Reliability
- D. Responsiveness
Answer: D
NEW QUESTION # 350
The annual cost and effort expended in orders placed, not on the quantity ordered.
- A. Capacity control
- B. Purchase order cost
- C. Production control
- D. Set-up control
Answer: C
NEW QUESTION # 351
1. Wrong product or specification
2. Wrong amount (too little or too much)
3. Wrong shipping date (too early or too late)
These are common errors in that occur all the time and require constant attention.
- A. Customer Expectations
- B. Customer orders
- C. MPS
- D. MRP
Answer: B
NEW QUESTION # 352
Master Production schedule:
- A. Both A & B
- B. A statement of which end items are to be produced, the quantity of each, and the dates they are to be completed
- C. None of the above is true
- D. Drives the MRP system by providing the initial input for the items needed
Answer: A
NEW QUESTION # 353
Which of the following are those of space and materials handling equipment?
- A. Capital costs
- B. Equipment costs
- C. Variance costs
- D. Material costs
Answer: A
NEW QUESTION # 354
The purpose/s of rough-out capacity planning is /are:
- A. provide warnings of any bottlenecks
- B. to check the feasibility of the MPS
- C. All of these
- D. Ensure utilization of work centers and advice vendors of capacity requirements
Answer: C
NEW QUESTION # 355
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Salary of APICS CPIM: Certified in Production and Inventory Management Exam
APICS CPIM: Certification in Supply chain And inventory Administration Exam experts earn around $150k, based on their expertise.
APICS CPIM (Certified in Production and Inventory Management) Certification Exam is a professional certification program designed for individuals who want to enhance their knowledge and skills in production and inventory management. Certified in Production and Inventory Management certification is recognized globally and is considered one of the most prestigious qualifications in the field of supply chain management. APICS CPIM certification is offered by APICS, which is an association for supply chain and operations management professionals.
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