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Introduction to APICS CPIM: Certified in Production and Inventory Management Exam
Supply chains survive in today's constantly changing environment because of their resilience and adaptability. CPIM certification demonstrates to employers that you can successfully handle interruptions, demand fluctuations, and operational risks. Economic growth shifted dramatically as a result of the epidemic, highlighting supply chain weaknesses. The new Certification in Cabinetry and Inventory Control (CPIM) 7.0 recognizes the fact that planning is more essential than ever. With a CPIM qualification, you'll get the skills you need to operate effectively in all aspects of the system. You'll also learn how to react more effectively to supply interruptions, demand fluctuations, and supply chain risk. Commit to a higher degree of education to improve your job chances and to assist any company in remaining competitive in today's market. We offer APICS CPIM exam dumps for the most ideal experience.
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.
NEW QUESTION 198
What represents the master schedule for the operation, which is focused around the pace of throughput as defined by the constraint?
- A. None of the above
- B. Buffer
- C. Drum
- D. Rope
Answer: C
NEW QUESTION 199
The removal of outliers from demand data to provide a reasonable historical base from which to forecast is called:
- A. regression
- B. smoothing
- C. time series decomposition
- D. filtering
Answer: D
NEW QUESTION 200
Purchasing and production activity control:
- A. All of these
- B. Plans are reviewed and revised daily
- C. is very short, perhaps from a day to month
- D. the level of detail is high since it is concerned with individual components, workstations and ordered
Answer: A
NEW QUESTION 201
A pegging report:
- A. All of the above
- B. Similar to a where-used report
- C. Shows only those parents for which there is an existing requirement
- D. Shows the parents creating the demand for the components, the quantities needed , and when they are needed
Answer: A
NEW QUESTION 202
If the volume of manufactured components can be increased, then the unit cost of the components, and the final product, will be reduced.
- A. False
- B. True
Answer: B
NEW QUESTION 203
The bill of material shows
- A. Both A & B
- B. None of the above
- C. The steps or process used to make the parent or the components
- D. The components that go into making the parent
Answer: D
NEW QUESTION 204
There are two ways to determining the capacity available; out of which is figured from historical data and is based on available time, utilization and efficiency.
- A. Measured, rated capacity
- B. Measured, demonstrated capacity
- C. Both A and B are same
- D. Demonstrated, calculated capacity
Answer: C
NEW QUESTION 205
An income statement of a company is as follows:
Profit has been increased by 60% to get the in profit by 600,000 by increasing revenue; sales would have to increase to 1.2 million. What will happen with CGS?
- A. Will remain same
- B. Increase by 4%
- C. Decrease by 3%
- D. Decrease by 4%
Answer: C
NEW QUESTION 206
When a quantity of an item equal to the order point quantity is set aside and not touched until all the main stock is used up, this strategy is called:
- A. Two-fold system
- B. Two-bin system
- C. Wait-for-next strategy
- D. Dual system
Answer: B
NEW QUESTION 207
Material Requirements Planning (MRP) is:
- A. The system used to avoid missing parts.
- B. All of the above
- C. The system used to provide available inventory
- D. A schedule establish for the production agenda
Answer: A
NEW QUESTION 208
A tool may shift, a gauge may move, a machine may wear, or an operator may make a mistake, there is a specific reason for these causes of variation, which is called:
- A. Assignable variation
- B. Flexible variation
- C. Convertible variation
- D. Transferable variation
Answer: A
NEW QUESTION 209
Which of the following is NOT the manufacturing lead time?
- A. Queue time
- B. Run time
- C. Setup time
- D. Load time
Answer: D
NEW QUESTION 210
On the overage a company has 12week of work-in-process (WIP) inventory and annual cost of goods sold of 36$ million. Assuming the company works 50 weeks per year. If the WIP could be reduced to 5week, and the annual cost of inventory value what would be annual savings?
- A. None of these
- B. $500,400
- C. $504,000
- D. $50,000
Answer: C
NEW QUESTION 211
A manufacturer has the alternative of making parts in-house or of buying them from an outside supplier. Reason/s to buy out may be:
- A. All of these
- B. Requires less capital investment
- C. Allows the firm to concentrate on its own areas of specialization
- D. Uses specialized expertise of suppliers
Answer: A
NEW QUESTION 212
Because of the flow system and the low work-in-process inventory,
- A. machinery and tooling can be specialized
- B. labor into routine tasks
- C. little build-up of work-in-process inventory
- D. lead times are short
Answer: D
NEW QUESTION 213
Over a 4-week period a work center produced 540 standard hours of work was available for 640 hours, and actually worked 480 hours. Calculate the utilization and the efficiency of the work center.
- A. 76%, 112.95%
- B. 75%, 112.9%
- C. 75%, 110%
- D. 75%, 110%
Answer: B
NEW QUESTION 214
Delivery lead time is the longest in case of:
- A. None of these
- B. Assemble-to-order
- C. Make to-stock
- D. Make-to-order
Answer: A
NEW QUESTION 215
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What is the cost of APICS CPIM: Certified in Production and Inventory Management Exam
APICS CPIM: Certified in Production and Inventory Management Exam costs at $250, for extra information visit APICS website.
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