APICS CPIM-Part-2 Certified in Planning and Inventory Management (Part 2) Exam Exam Practice Test Questions

• Question 1

  Which of the following inventory management techniques is most responsive to changes in demand levels?

  • Two-bin system
  • Periodic review system
  • Cycle counting
  • ABC classification

  Show Answer Answer: A Next

• Question 2

  Fishbone diagrams would help a service organization determine:

  • The proper level of service for a customer segment.
  • The source of a quality-of-service issue.
  • Differences in the performance of employees.
  • The decomposition of customer return rates with seasonality.

  Show Answer Answer: B Next

• Question 3

  A company has deployed its own proprietary software for web hosting and order management. This software has been recognized as best-in-class. The proprietary software represents what defensive operational strategy used to sustain the company's business over time?

  • Difficult to substitute
  • B. Difficult to relocate
  • Scarcity
  • Difficult to copy

  Show Answer Answer: D Next

• Question 4

  Which of the following trade-offs should be evaluated when determining where to place inventory in a multi-echelon supply chain network?

  • Production cost and lot size quantity
  • Purchase cost and shrinkage rates
  • Transportation cost and delivery time
  • Customer price and order quantity

  Show Answer Answer: C Next

• Question 5

  Which of the following forms of data is required for rough-cut capacity planning (RCCF)?

  • Current work in process (WIP)
  • Resource requirements plan
  • Critical work center availability
  • Work center queues

  Show Answer Answer: C Next