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The CPIM certification is a valuable asset for professionals who are looking to advance their careers in the field of supply chain management. The certification program is designed to help individuals learn the best practices in the industry and apply them in their work. The course is structured in a way that enables learners to gain a deep understanding of the principles of production and inventory management, which in turn helps them improve their performance and productivity.
The certification process involves passing exams for each of the five modules. These exams are computer-based and are administered by Pearson VUE testing centers. The exams are typically two to three hours long and consist of multiple-choice questions. The passing score for each exam is 300 out of 350 possible points. Once you have passed all five exams, you will be awarded the CPIM certification.
NEW QUESTION # 163
Altering the load in balancing capacity available means?
- A. Rescheduling of load sheet
- B. Shifting orders ahead
- C. Shifting orders back
- D. Shifting orders ahead or back
Answer: D
NEW QUESTION # 164
The formula to calculate the Inventory turns is:
- A. Inventory turns = annual cost of goods sold * average inventory in dollars
- B. Inventory turns = average cost of goods sold / annual inventory in dollars
- C. Inventory turns = annual cost of goods sold / average inventory in dollars
- D. Inventory turns = annual cost of goods purchased / average financial measures in dollars
Answer: C
NEW QUESTION # 165
What consist of a series of operations required to make the item?
- A. procedures
- B. routing
- C. builds
- D. All of the above
Answer: B
NEW QUESTION # 166
Which event usually focuses on a fairly small part of the overall producti0on process to improve that part of the process?
- A. Build
- B. Fair
- C. Allen
- D. Kaizen
Answer: D
NEW QUESTION # 167
Which forecast performance measure detects bias?
- A. MAPE
- B. standard deviation
- C. tracking signal
- D. MAD
Answer: C
NEW QUESTION # 168
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. demand pattern system
- B. Work-in-progress system
- C. leveling system
- D. post-deduct system
Answer: D
NEW QUESTION # 169
Which of the following defines what materials have to be scheduled to make the end products?
- A. All of the Above
- B. Engineering change control bill
- C. Master production schedule
- D. Bills of material
Answer: D
NEW QUESTION # 170
Which file contains a list of the single-level components and quantities needed to assemble a parent?
- A. routing file
- B. master file
- C. product structure file
- D. work center master file
Answer: C
NEW QUESTION # 171
Production must keep its operating cost as low as possible this can be done in the following way/ways:
- A. Maintain high inventories of raw materials and work-in-process so production is not disrupted by shortages.
- B. Provide lowest distribution costs
- C. Make long production runs of relatively few production runs of relatively few products. Fewer Changeovers will be needed and specialized equipment can be used thus reducing the cost of making the product
- D. Manufacture only to customer order
Answer: A,C
NEW QUESTION # 172
It should be recognized that order winners and qualifiers for any product market combination are not static. not only will customers change perspectives as competitors jokey for position but the order winners and qualifiers will often change based on the concepts of:
- A. Economic changes
- B. Product life cycle
- C. Government regulation
- D. Market needs
Answer: B
NEW QUESTION # 173
All of the following are ways to achieve financial objectives EXCEPT:
- A. Reduce inventory so inventory investment is at a minimum level
- B. Extensive distributions system
- C. Manufacture only to customer order
- D. Decrease the number of plants and warehouses
Answer: B
NEW QUESTION # 174
ensures suppliers a given amount of business and commits them to allocating that amount of their capacity to the customer.
- A. Contract buying
- B. Developing schedules
- C. Supplier flexibility
- D. Business responsiveness
Answer: A
NEW QUESTION # 175
A good MRP system generates exception messages:
- A. When the manufacturing process is under control
- B. Both A & C
- C. To advise the planner when some event needs attention
- D. When there are problems that need the attention of the planner
Answer: B
NEW QUESTION # 176
The elimination of all waste and continuous improvement of productivity is known as:
- A. Work-in-progress manufacturing
- B. Just-in-time manufacturing
- C. All of the above
- D. Up-gradation manufacturing
Answer: B
NEW QUESTION # 177
The files contained in the database are of two types which are:
- A. planning and procedural
- B. fixed and variable
- C. absolute and relative
- D. planning and control
Answer: D
NEW QUESTION # 178
Basic concepts in TQM:
- A. A committed and involved management
- B. Involvement of the total workforce
- C. Focus on the customer
- D. All of these
Answer: D
NEW QUESTION # 179
Dependency in MRP can be
- A. Both A & B
- B. Horizontal
- C. Vertical
- D. None of the above
Answer: A
NEW QUESTION # 180
The amount or permissible variation between an inventory record and a physical count is called:
- A. Variable Charity
- B. Common Fluctuation
- C. Charity
- D. Tolerance
Answer: D
NEW QUESTION # 181
Planned input 30 30 20 20 20 20
Planned output 20 20 20 20 20 20
Planned backlog
Actual backlog 50
The planned backlog at the end of period 6 is?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 182
Which of the three factors are involved in good preparation of the physical inventory?
- A. Tolerance, identification and training
- B. Housekeeping, identification and training
- C. Workforce, Physical control and security
- D. Housekeeping, Inventory and production
Answer: B
NEW QUESTION # 183
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