CPIM Practice Exam
A work center is receiving enough work, but it is not performing to plan. To detect
problems in this work center, the planner should compare: - answer actual output to
planned output.
A company is experiencing a change in demand from steady to sporadic. It currently
uses economic order quantity (EOQ) to determine purchase quantities for a key
component. Which of the following models should it use in the future? - answer Period
order quantity
Which of the following roles of a finished goods warehouse deals with the grouping of
different items into an order? - answer Product mixing
Which of the following time periods will result in a smoother forecast that is less swayed
by random variability when using the moving average forecast technique? - answer12
months
In a planning bill for an updated configuration of a cellphone, the total percentages for
the amounts required for the three possible memory chips used equal 115. What does
this indicate? - answerThe manufacturer is making a hedge against higher demand.
Based on the information below, in what week would a planned order release be
generated to satisfy the net requirement?
Lead time: 3 weeks
Order quantity: 100
Net requirement exists in: week 6
Net requirement quantity: 150 - answerWeek 3
EXPLANATION:
Because the net requirement exists in week 6, the planned order release is offset by the
lead time of three weeks. Thus, the planned order release will be generated in week 6 -
3 weeks = week 3.
What is a benefits of setup reduction is most immediate? - answerReduced product cost
In production and inventory control, it is important to know whether demand is
independent or dependent because the distinction: - answerdetermines the selection of
appropriate replenishment methods.
What is the term for an array of inventory broken out into different categories based on
Pareto's law? - answerABC Classification
, Which managed inventory strategy would best suit a lean manufacturer that is unable to
provide consistent order sizes due to fluctuations in demand for the various products it
produces? - answerContinuous replenishment
Which technology can assist a company in detecting and identifying potential fraud
across the supply chain? - answerArtificial intelligence and machine learning
A cleaning compound used to clean manufacturing equipment would be classified as
which of the following types of inventory? - answerMaintenance, repair, and operating
supplies
During which step of the purchasing cycle does an organization authorize the
purchasing department to purchase specified materials in specified quantities within a
specified time? - answerGenerate requisition.
Which of the following situations will best enable a company to react swiftly to changes
in the volume and mix of its products? - answerQuick changeover of equipment
The available capacity that exists on non-constraint resources beyond the capacity
required to support the constraint is: - answeridle capacity.
Which of the following outcomes is the primary objective of total quality management
(TQM)? - answerAchieving customer satisfaction
Which of the following techniques deals with the analysis and planning of logistics and
manufacturing during short-, intermediate-, and long-term periods? - answerAdvanced
planning and scheduling
What is the main insight that the total cost of ownership (TCO) offers to the supply chain
manager? - answerThe acquisition cost is often a very small portion of the total cost of
raw materials and components
Which tool is best suited to tracking the business activities associated with satisfying a
customer's demand, from a supply chain management perspective? - answerSCOR
The term for actual customer descriptions of the functions and features they desire in
goods and services is: - answerthe voice of the customer
If the replenishment lead time of two weeks is reduced by 50% and all other factors
remain constant, the safety stock will most likely: - answerdecrease
EXPLANATION:
The following formula is used to determine a new safety stock when the lead time
interval changes:
A work center is receiving enough work, but it is not performing to plan. To detect
problems in this work center, the planner should compare: - answer actual output to
planned output.
A company is experiencing a change in demand from steady to sporadic. It currently
uses economic order quantity (EOQ) to determine purchase quantities for a key
component. Which of the following models should it use in the future? - answer Period
order quantity
Which of the following roles of a finished goods warehouse deals with the grouping of
different items into an order? - answer Product mixing
Which of the following time periods will result in a smoother forecast that is less swayed
by random variability when using the moving average forecast technique? - answer12
months
In a planning bill for an updated configuration of a cellphone, the total percentages for
the amounts required for the three possible memory chips used equal 115. What does
this indicate? - answerThe manufacturer is making a hedge against higher demand.
Based on the information below, in what week would a planned order release be
generated to satisfy the net requirement?
Lead time: 3 weeks
Order quantity: 100
Net requirement exists in: week 6
Net requirement quantity: 150 - answerWeek 3
EXPLANATION:
Because the net requirement exists in week 6, the planned order release is offset by the
lead time of three weeks. Thus, the planned order release will be generated in week 6 -
3 weeks = week 3.
What is a benefits of setup reduction is most immediate? - answerReduced product cost
In production and inventory control, it is important to know whether demand is
independent or dependent because the distinction: - answerdetermines the selection of
appropriate replenishment methods.
What is the term for an array of inventory broken out into different categories based on
Pareto's law? - answerABC Classification
, Which managed inventory strategy would best suit a lean manufacturer that is unable to
provide consistent order sizes due to fluctuations in demand for the various products it
produces? - answerContinuous replenishment
Which technology can assist a company in detecting and identifying potential fraud
across the supply chain? - answerArtificial intelligence and machine learning
A cleaning compound used to clean manufacturing equipment would be classified as
which of the following types of inventory? - answerMaintenance, repair, and operating
supplies
During which step of the purchasing cycle does an organization authorize the
purchasing department to purchase specified materials in specified quantities within a
specified time? - answerGenerate requisition.
Which of the following situations will best enable a company to react swiftly to changes
in the volume and mix of its products? - answerQuick changeover of equipment
The available capacity that exists on non-constraint resources beyond the capacity
required to support the constraint is: - answeridle capacity.
Which of the following outcomes is the primary objective of total quality management
(TQM)? - answerAchieving customer satisfaction
Which of the following techniques deals with the analysis and planning of logistics and
manufacturing during short-, intermediate-, and long-term periods? - answerAdvanced
planning and scheduling
What is the main insight that the total cost of ownership (TCO) offers to the supply chain
manager? - answerThe acquisition cost is often a very small portion of the total cost of
raw materials and components
Which tool is best suited to tracking the business activities associated with satisfying a
customer's demand, from a supply chain management perspective? - answerSCOR
The term for actual customer descriptions of the functions and features they desire in
goods and services is: - answerthe voice of the customer
If the replenishment lead time of two weeks is reduced by 50% and all other factors
remain constant, the safety stock will most likely: - answerdecrease
EXPLANATION:
The following formula is used to determine a new safety stock when the lead time
interval changes:
