APICS CPIM Practice Verified Answers - Pass Your Exams For Sure! [2021]
Valid Way To Pass APICS Certification's CPIM Exam
NEW QUESTION 338
_ is the delivered cost of a product to a particular geographic point.
- A. Deteriorate cost
- B. Service cost
- C. Delivery cost
- D. Laid-down cost
Answer: D
NEW QUESTION 339
Exponential smoothing gives the same results as a moving average but without the need to retain as much data and with easier calculations.
- A. True
- B. False
Answer: A
NEW QUESTION 340
To get most profit, a company must have:
- A. All of these
- B. Best customers service
- C. Lowest distribution costs
- D. Lowest production and inventory costs
Answer: A
NEW QUESTION 341
The length of time from when material enters a production facility until it exists, this is known as:
- A. creation time
- B. workforce time
- C. assembly time
- D. throughput time
Answer: D
NEW QUESTION 342
With reference to the above example; how much should be produced each period?
- A. 120 cases
- B. 122 cases
- C. None of these
- D. 116 cases
Answer: D
NEW QUESTION 343
Over the previous four weeks, a work center produced 120, 130, 150,140 standard hours of work. What is the demonstrated capacity of the work center?
- A. 140 standard hours
- B. 130 standard hours
- C. 135 standard hours
- D. 139 standard hours
Answer: C
NEW QUESTION 344
A forecast is typically more accurate for:
- A. physical units rather than monetary units
- B. far out in the future rather than nearer time periods
- C. daily rather than monthly periods of time
- D. groups of items rather than for individual items
Answer: D
NEW QUESTION 345
An income statement of a company is as follows:
If through a well-organized materials management department direct materials can be reduced by 10% and direct labor by 5% the improvements in profits would be:
- A. 4%
- B. 5%
- C. 6%
- D. 7%
Answer: C
NEW QUESTION 346
Which of the following are three important factors must consider in managing the material requirements plan?
- A. Planned orders, released orders and firm planned orders
- B. Priority, Exception message and transaction message
- C. Priority, Bottom-up Replanning and reducing system nervousness
- D. None of the above is true
Answer: C
NEW QUESTION 347
Transportation
Distribution inventory
Warehousing
Packaging
Material handling
Order Entry
These are the activities of:
- A. physical supply Distribution system
- B. Virtual supply and distribution system
- C. None of these
- D. Distribution details
Answer: A
NEW QUESTION 348
Master scheduling tries to level capacity and just-in-time tries to level the schedule based on capacity and material flow.
- A. True
- B. False
Answer: A
NEW QUESTION 349
What must manage both the input of orders to the production process and the availability capacity to control queue and work-in process?
- A. Production activity control
- B. Run time activity
- C. Work center manufacturing activity
- D. Activity management
Answer: A
NEW QUESTION 350
Knowing the quantity beyond which the cost of using method B becomes less than for method A enables us to decide easily which process to use to minimize the total cost, this quantity is called:
- A. fixed cost projected point
- B. cost of quantity point
- C. cost equalization point
- D. total cost production
Answer: C
NEW QUESTION 351
The needs of sales and the economics of production must be balanced, and this balance is usually obtained with:
- A. Product simplication
- B. Product Specialization
- C. All of the above
- D. Product Standardization
Answer: C
NEW QUESTION 352
Which of the following results in inventory build ups in low-demand periods?
- A. Chase strategy
- B. Production leveling strategy
- C. None of these
- D. Hybrid strategy
Answer: B
NEW QUESTION 353
A planned decision by the organization to select one supplier for an item when several sources are available is called:
- A. unique sourcing
- B. single sourcing
- C. singular sourcing
- D. sole sourcing
Answer: B
NEW QUESTION 354
If a company makes wooden tables, the demand for the tables is called
- A. Both A & B
- B. Independent Demand
- C. None of the above
- D. Dependent Demand
Answer: B
NEW QUESTION 355
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