APICS CPIM-Part-2 : Certified in Planning and Inventory Management(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. When a certified supplier's delivery performance declines, a company should respond initially by:

A) increasing the standard lead time of the component to allow for supplier delays.
B) communicating with the supplier to investigate the source of the problem.
C) tightening performance criteria for the supplier.
D) establishing a temporary buffer of finished goods inventory at the supplier.

2. When procuring for innovative products, the focus should be on:

A) total landed cost.
B) lead times.
C) unit cost.
D) lot sizes.

3. Which of the following actions best supports a company's strategic focus on delivery speed to improve competitiveadvantage?

A) Developing flexible operations
B) Maintaininghigh-capacityutilization
C) Cross-training workers
D) Implementing rapid process improvements

4. Which of the following conditions is required for an effective single-sourcing relationship?

A) The organizations must be mutually dependent.
B) Demand for the customer's products must be stable.
C) The supplier must offer the lowest price per unit.
D) The organizations must be located close to each other.

5. Which of the following criteria is used to determine safety stock in a distribution center (DC)?

A) Economic order quantity (EOQ) N
B) Probability of stocking out
C) Alpha factor level
D) Seasonal index value

Solutions: