[Oct 05, 2021] Latest CPIM Exam with Accurate Certified in Production and Inventory Management PDF Questions
Practice To CPIM - TorrentValid Remarkable Practice On your Certified in Production and Inventory Management Exam
NEW QUESTION 43
Owner's equity is:
- A. Difference between assets and liabilities
- B. Difference between assets and revenues
- C. Difference between expenses and liabilities
- D. Difference between revenues and expenses
Answer: A
NEW QUESTION 44
Each distribution center first determines what it needs and when, and then places orders in central supply, in:
- A. Demand ordering system
- B. Advancements system
- C. Decentralized system
- D. Competency system
Answer: C
NEW QUESTION 45
ABC Company has decided to implement point of use replenishment with a key supplier. Which action is consistent with this decision?
- A. Determining the reorder point level for supplies
- B. Agreeing on consignment rules.
- C. Establishing a physical area close to the operations that utilize the supplies
- D. Establishing ASN notification with the supplier
Answer: C
NEW QUESTION 46
The capacity requirements plan occurs at the level of:
- A. Both A&C
- B. MRP
- C. MPS
- D. MRPII
Answer: B
NEW QUESTION 47
uses the economic-order-quantity formula to calculate an economic time between orders.
- A. production-order quantity
- B. All of the above
- C. inventory-carrying-order quantity
- D. period-order quantity
Answer: D
NEW QUESTION 48
objectives.
- A. People
- B. Processes
- C. Projects
- D. Products
Answer: B
NEW QUESTION 49
A work center has 3 machines and is operated for 8 hours a day and 5 days a week. What is the available time?
- A. 100 hours per week
- B. 90 hours per week
- C. 80 hours per week
- D. 120 hours per week
Answer: D
NEW QUESTION 50
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 51
Total the forecast demand for the planning horizon.
Determine the opening inventory and the desired ending inventory
Calculate the total production required as follows:
Total Production = total forecast + back orders
+ ending inventory - opening inventory
Calculate the production required each period by dividing the total production by the number of periods.
Calculate the ending inventory for each period.
Above is the general procedure
- A. To identify the production gaps
- B. All of these
- C. for developing a level production
- D. to forecast capacity requirements to meet demand
Answer: C
NEW QUESTION 52
The art charged by a carrier will also vary with the commodity shipped and will depend upon the following:
- A. All of these
- B. Perishability
- C. Density
- D. Value
Answer: A
NEW QUESTION 53
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 54
A work center is available 120 hours but actually produced goods for 100 hours. What is the utilization of the work center?
- A. 83.5%
- B. 83.3%
- C. 84%
- D. 84.3%
Answer: B
NEW QUESTION 55
The percentage of time that the work center is active compared to the available time is called:
- A. Work center efficiency
- B. Work center production
- C. Work center availability
- D. Work center utilization
Answer: D
NEW QUESTION 56
Which of the following best describes JIT?
- A. The continuous elimination of inventory
- B. The elimination of value-adding activities
- C. The continuous elimination of waste
- D. The continual reduction of lead-times
Answer: C
NEW QUESTION 57
In terms of structure and function, the construction supply chain is characterized by the following element/s:
- A. It is a typical make-to-order supply chain, with every project creating a new product or prototype. There is little repetition, again with minor exceptions. The process can be very similar, however, for projects of a particular kind.
- B. All of these
- C. It is, apart from rare exceptions, a temporary supply chain producing one-of construction projects through repeated reconfiguration of project organizations. As a result, the construction supply chain is typified by instability, fragmentation, and especially by the separation between the design and the construction of the built object.
- D. It is a converging supply chain directing all materials to the construction site where the object is assembled from incoming materials. The construction factory is set up around the single product, in contrast to manufacturing systems where multiple products pass through the factory, and are distributed to many customers.
Answer: C
NEW QUESTION 58
Which of the following is an artificial grouping of components for planning purposes?
- A. Summarized parts list
- B. Indented bill
- C. Planning bill
- D. Single-level bill
Answer: C
NEW QUESTION 59
CRP inputs are all of the following EXCEPT:
- A. Planned order releases and work center capacities
- B. Open shop orders and leads times
- C. Routings and time standards
- D. None of these
Answer: D
NEW QUESTION 60
A full load costs more per ton to ship than a part load
- A. False
- B. True
Answer: A
NEW QUESTION 61
A planned order receipt is generated by MRP when:
- A. Forecasted demand is less than planned supply
- B. Net requirements are greater than zero
- C. Projected available balance is above zero
- D. Gross requirements are greater than zero
Answer: B
NEW QUESTION 62
If the run time per piece on operation B is shorter than that on A, the first batch must be larger enough to avoid idle time on operation A
- A. False
- B. True
Answer: A
NEW QUESTION 63
Each level of MPC (Manufacturing planning and control) differs in the following:
Purpose of the plan
Planning Horizon
Level of detail
Planning Cycle
Since each level is:
- A. For different time span
- B. Responsible for satisfying market demand
- C. For different purposes
- D. Both A and C
Answer: D
NEW QUESTION 64
The removal of outliers from demand data to provide a reasonable historical base from which to forecast is called:
- A. filtering
- B. regression
- C. time series decomposition
- D. smoothing
Answer: A
NEW QUESTION 65
The process of placing the exploded requirements in their proper periods based on lead time is called
- A. Production plan
- B. Exploding the equipments
- C. Offsetting
- D. Where-used reports
Answer: C
NEW QUESTION 66
When a quantity of an item equal to the order point quantity is set aside and not touched until all the main stock is used up, this strategy is called:
- A. Wait-for-next strategy
- B. Two-fold system
- C. Two-bin system
- D. Dual system
Answer: C
NEW QUESTION 67
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